Consultant/OCIO/Discretionary
The advisor will assist with reviewing, developing and monitoring investment options.
The plans received three proposals in response to an RFP issued in February.
The retirement system expects to conduct finalist presentations at its January investment committee meeting.
The authority has worked with its incumbent provider since 2008 and last rehired them following a similar search process launched in 2020.
The county last conducted a similar search in 2022.
The selected consultant will assist in conducting an RFP to consolidate its plan service providers to one, among other responsibilities.
The retirement fund will interview three finalists, including its incumbent, in the second attempt to complete a search this year.
A new fractional cio firm, started by a former managing director of investments at a West Coast nonprofit, provides small and mid-sized nonprofits with a flexible consultancy model to build and institutionalize their investment management capacities.
The independent, fee-only registered investment adviser has launched a dedicated institutional advisory and outsourced cio practice focused on foundations, endowments and nonprofit organizations.
The retirement system opted to retain its general investment consultant at a board meeting last week.