Maryland 529, Baltimore, is searching for an investment consultant.
The board that oversees the state's two 529 plans and a savings program for people with disabilities has issued an RFP because the contract of current consultant Marquette Associates is expiring, spokeswoman Michelle Winner said in an email. The firm is invited to rebid, she 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.
The RFP is available on the board's website. Proposals are due at 2 p.m. EDT on May 14. A selection is tentatively scheduled for June.