Multi-Asset/Investment Advisor
The city received five proposals in response to an RFP seeking investment management and advisory services.
The city last conducted a search for the services in 2020.
The authority last rehired its incumbent in 2020.
The foundation has issued an RFP seeking investment management services for its endowment and operating portfolios.
The city issued an RFP in April due to its incumbent’s pending contract expiration.
The authority decided to stick with its incumbent to provide services for its $29 million 457 and $2.9 million 401(a) retirement plans.
The authority rehired its investment advisor for its portfolios.
The city launched a search earlier this year seeking a firm to make recommendations on investing its funds.
The town is seeking investment management services for its approximately $36 million in operating and capital funds.
The foundation rehired its incumbent investment advisor over three other finalists after reviewing 21 proposals to an RFP issued last year for standard due diligence purposes.