Consultant/OCIO/Discretionary
The city is seeking consulting services for its four retirement plans.
The retirement fund was scheduled to review a general investment consultant draft RFP this week.
The firm will begin its new contract on Jan. 10.
The plan made a hire at its meeting this week after interviewing two finalists.
City is seeking investment advisory services on behalf of its $4.2 million 457 and $6.1 million 401(a) retirement plans.
The plan is seeking a firm to provide fiduciary investment advisory services.
The plan last conducted a similar search in 2019 that resulted in a consultant switch.
The city retained the incumbent consultants for its three pension plans.
A managing principal and consultant at the firm will leave in the first quarter after more than two decades of service.
The plan is conducting the search as part of a review of all major contracts.
