Consultant/OCIO/Discretionary
The city’s deferred compensation plan currently has three investment consultants.
The municipality expects to award a contract within 45 calendar days.
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.