Vestwell plans to expand its presence in the state auto-IRA and college savings markets, announcing a deal Tuesday to buy BNY Mellon’s Sumday subsidiary. The deal would catapult Vestwell to serving as a program manager for nearly $20 billion. The ...

Holders of 14.3 million 529 education saving accounts had a total of $437 billion invested in their plans in the quarter ended June 30, an increase of 6.1% from the $412 billion invested in the first quarter, according to a ...