Multi-Asset/Investment Advisor
The investment advisor will provide guidance in the management of the city’s approximately $53.7 million investment portfolio.
The foundation has issued an RFP seeking investment advisory and management services for its endowed and non-endowed funds.
The plan launched a search this summer due to its incumbent being acquired.
The hire concludes a search launched in April due to the contract expiration of the district’s incumbent.
The city last issued an RFP for the services in 2018.
The county treasurer’s office expects to issue an intent to award notice in December.
The selected firm will establish a Section 115 Trust for the city over the next 60 to 90 days.
The city’s current investment advisor was first hired in 2012.
The authorities conducted similar searches in 2018 and both rehired their incumbent.
The county treasurer’s office is seeking a firm to provide services for its portfolio of cash and investments.