Asset Manager

Updated:

Sumday

Sumday is a asset manager based in New York; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...

Sumday

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General information

Firm type

Asset Manager

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Sector focus

Retirement & Benefits

Frequently asked questions

What does Sumday actually do as a business?

Sumday functions as an administrative and technology partner for state-facilitated retirement and savings programs. Its services support the operational backbone of state Auto-IRA programs, 529 college savings plans, and ABLE accounts. The firm's website is configured to route program participants, employers, and state sponsors to the correct support and informational resources for each state mandate.

Who runs Sumday, and what is its corporate structure?

Sumday has not publicly disclosed its leadership team or corporate structure. No named principals, board members, or investment committee are listed on its website or in accessible regulatory filings. Allocators evaluating the firm will need to request this information directly, as it is not available from open sources.

Is Sumday an investment manager or a recordkeeper?

Based on its web footprint, Sumday operates primarily as a program administrator and recordkeeper rather than a discretionary investment manager. Its public materials focus on enrollment, contribution processing, and participant support for state-run savings programs, not on asset allocation, fund selection, or portfolio management. Any investment management functions it may perform are not described in its public disclosures.

How is Sumday related to Vestwell?

Search-engine metadata on Sumday's website mentions Vestwell, a modern 401(k) and retirement plan platform, in its title and description tags. However, the firm does not explain the nature of this relationship on its publicly accessible pages. It may reflect a shared technology platform, a parent-subsidiary structure, or a historical corporate tie, but the connection has not been confirmed through primary disclosures.

What is Sumday's scale in terms of AUM or participants?

Sumday does not publish AUM, participant counts, or deployment figures. No known media reports, regulatory filings, or industry rankings provide a verified estimate of its scale. The firm's AUM is cataloged as undisclosed pending direct disclosure or a citable third-party figure.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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