Consultant/OCIO/Discretionary
The plan concludes a consultant search that began in August.
Plan last conducted a search for the services in 2017.
The elimination will affect three managers that handle a total of more than $1.7 billion.
The search comes as the plan’s initial five-year contract term with its incumbent is slated to expire on May 31.
The contract of the plan’s current consultant expires on March 31.
A California county is seeking investment consulting services on behalf of its defined contribution plans.
The program is seeking consulting services related to design, implementation, administration, procurement, best practices and more.
The plan selected a new investment consultant following a search initiated in October.
Incumbent consultant has been handling the plan’s services on a month-to-month basis since its three-year contract expired during the COVID-19 pandemic.
The trust’s incumbent consultant is on a six-month contract.