New Mexico Education Trust Board, Santa Fe, rehired Meketa Investment Group as investment consultant for the New Mexico 529 College Savings Program.
The board issued an RFP in March due to the impending expiration of Meketa's contract. There were no other finalists, said Vera Lyons, financial coordinator.
Ascensus is the current program manager.
The program consists of two 529 college savings plans: the $1.9 billion adviser-sold Scholar's Edge plan and the $643 million direct-sold Education Plan.