Multi-Asset/Investment Advisor
The advisor will continue providing services for the city’s short- and medium-term investment portfolios.
The district tabled a similar search for services in 2017.
The responsibility for investing the city’s cash and trust funds previously resided with the finance manager and treasurer.
The authority has opted to retain its incumbent following a search launched in September.
PFM Asset Management currently provides investment advisory services for the city’s investment funds.
An authority overseeing a college savings plan in the Midwest has renewed its contracts with a record keeper and two investment managers.
The town received three proposals in response to an investment advisor RFP issued in September.
Selected firm will handle services that include developing and implementing sound investment strategies.
The district last issued an investment advisor RFP in 2018.
The firm has selected a new firm to provide investment management services for its portfolio, including overseeing and executing the selection, monitoring and evaluation of the portfolio and its investment managers.