5 Things to Ask Yourself Before Picking Up the Tab for Your Child’s College Education

You’re in a pinch and in desperate need of money. You’ve already asked family members for help, but nobody can assist you. You’ve heard of a personal loan before, but is taking one out a good idea?

In short, it depends on your particular financial situation. If you’ve racked up high-interest credit card debt, for example, and you can take out a personal loan with a lower interest rate to consolidate and pay off that debt, a personal loan might be right for you. But if you have other assets you can borrow against that will have lower interest rates — such as a 401(k) loan or a home equity line of credit (HELOC) — you might want to consider pursuing those lines of credit instead of a personal loan.

Here’s everything you need to know about when a personal loan might be worthwhile, and when you might want to look elsewhere.

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Trilogy Capital recruited Steve Whitman as Senior Vice President of Wealth Management in its San Diego office. Whitman previously managed approximately $225 million in client assets at Morgan Stanley.

According to Trilogy, Whitman has worked with affluent families around the world on financial strategies spanning multiple generations.

“Steve is exactly the kind of distinguished advisor we want at Trilogy,” said Jason Inglis, Chief Development Officer, Trilogy. “His four decades of experience and client-centric approach reflect the values our firm was built on, and we are proud to welcome him to Trilogy.”

“Trilogy provides the depth of resources and a team of experienced advisors to partner with,” said Whitman. “Clients will have access to Trilogy’s broader resources, including investment management, comprehensive advanced wealth planning and tax preparation. This move is a real positive for myself and my clients.”

Whitman will work alongside Windus Fernandez Brinkkord, Senior Vice President of Wealth Management at Trilogy. She joined the firm in 2003 and specializes in exit strategies for business owners.

“Steve’s wealth of knowledge and genuine passion for serving his clients is a strong complement to Trilogy’s approach,” said Brinkkord. “We’re excited to partner with him and to offer clients an expanded, collaborative experience.”

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