Maryland 529, Baltimore, rehired Marquette Associates as investment consultant, according to spokeswoman Michelle Winner.
The board that oversees the state's two 529 plans and a savings program for people with disabilities issued an RFP in April due to the impending expiration of Marquette's contract.
CAPTRUST Financial Services and Meketa Investment Group were the other finalists, Ms. Winner said.
The Maryland Senator Edward J. Kasemeyer Prepaid College Trust, the Maryland Senator Edward J. Kasemeyer College Investment Plan and the Maryland ABLE program have combined assets of more than $9 billion.
