Multi-Asset/Investment Advisor
The city is considering an external municipal advisor to handle its $160 million portfolio.
The plan voted to retain its incumbent investment advisor at a meeting last month.
The university was awarded a $63 million unrestricted gift from the philanthropist giving the institution the freedom to invest strategically in areas that align with its mission.
The district launched a similar RFQ for services in 2023.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The city is seeking a firm to manage approximately $107.2 million in core operating funds.
The organization is seeking firms to provide financial coaching, including group workshops covering budgeting, debt reduction, savings and investment basics; assist in the development, implementation and training of a financial assessment for employees and educate on responsible investing strategies.
The health system has issued an RFP seeking an investment advisor for its 401(a), 403(b) and 457(b) plans likely due to the impending contract expiration of its incumbent provider.
The plans selected a new firm this month as their incumbent provider is “getting out of the business.”
The firm will provide non-discretionary investment advisory services for the city’s $487 million investment portfolio.