SARASOTA, Fla., Oct. 25, 2018 /PRNewswire/ — Gulf Coast Wealth Advisors and YellowFin Yachts are presenting a youth 529 College Scholarship at the 27th Annual Fall Suncoast Kingfish Classic fishing tournament. YellowFin Yachts is presenting a $2,000 scholarship and Jeff LaBelle of Gulf Coast Wealth Advisors is administering the 529 college scholarship for the first-place youth tournament winner.
The tournament is being held at Treasure Island, Florida November 15-17, 2018. Established in 1991, the tournament was started to highlight the excellent sport fishing found off the west coast of Florida but also serves as important fundraisers for various local and international charitable organizations. It is the longest running King Mackerel Tournament on Florida’s west coast.
"529 plans and scholarships can play an important role in making college more accessible and affordable, and paving the way for students to be confident in both their pursuit and completion of their passion and degree. When students can successfully earn their degrees, and the process is not burdensome or postponed, our greater society and economy are benefited," said Jeff LaBelle, Founder and CEO of Gulf Coast Wealth Advisors.
Wylie Nagler, Founder of YellowFin Yachts said, "I grew up in south Miami, fishing out of small skiffs, watching offshore races and participating in similar fishing tournaments. My grandfather raced boats and was a yacht broker. He turned his passion into a business and I followed suit. If I can inspire one young person in the same way, I’m honored to support that."
About Gulf Coast Wealth Advisors:
Gulf Coast Wealth Advisors is a financial team of highly experienced professionals. Jeff LaBelle, President and CEO, has 30+ years of experience in the financial industry. With LPL Financial as our independent broker-dealer, our consultants have access to skilled and knowledgeable professionals who specialize in all aspects of financial planning.
About YellowFin Yachts:
Build your legacy. YellowFin Yachts has been the leader in the center console offshore market since 1998.
Securities and Advisory Services offered through LPL Financial. A registered investment advisor, Member FINRA/SIPC.
Prior to investing in a 529 Plan investors should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.
SOURCE Gulf Coast Wealth Advisors