Creative Planning and Catalis revamp Mississippi 529 plan with 20% fee cut

Creative Planning and Catalis said they are modernizing the Mississippi Affordable College Savings Plan, with Creative Planning becoming the 529 plan's new investment manager and Catalis supplying the savings platform. The revamp is aimed at making education saving simpler and cheaper through enrollment-year portfolios that automatically adjust over time, streamlined risk-based portfolios, a 20% reduction in fees from the current structure, and a planning tool to help account owners select investments at enrollment. The broader platform update also adds a single-login experience with digital wallet gifting through PayPal and Venmo, including cryptocurrency, and Visa and Mastercard prepaid cards for textbooks and other qualified education expenses. Creative Planning said it has more than 40 years of institutional investment expertise and approximately $750 billion in assets under management or advisement as of June 30, 2026, while Catalis said it serves fourteen 529 education savings and ABLE disability savings programs across the U.S.

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