Consultant/OCIO/Discretionary
The plan launched a search earlier in April due to the incumbent’s upcoming contract expiration.
The firm will be tasked with assisting on an upcoming record keeper search.
The plan currently has a delegated investment services relationship with Willis Towers Watson.
A plan based in the Southwest has selected the incumbent firm following an investment consultant search.
The selected firm will serve for an initial one-year period beginning Jan. 1.
The plan represents the consulting firm’s first Mass.-based client.
The search comes as the plan’s incumbent will see its contract expire this year.
Plan is conducting an RFP for investment and plan design consultant services.
The healthcare system selected a new consultant to oversee its operating and pension funds following a search from last year and the firm will conduct an asset allocation study in its first year of engagement.
The district expects to notify the selected firm of the contract award on June 30.