Multi-Asset/Investment Advisor
The higher education agency selected a firm to provide financial and investment advisory services for its student loan program to conclude a search from late 2023.
The city has hired one firm to provide actuarial, administrative, investment advisory and custodial services.
The district’s board of education will place a $739.8 million bond on the ballot this month.
The county launched a similar search last year seeking a firm to provide the services for a one-year period.
The city anticipates allocating $1 billion in pooled cash resources between two firms and the state local government pool.
The district is seeking investment services for its 401(a) and 457(b) plans, which have a combined $7.7 million in assets.
The selected advisor will provide non-discretionary management of plan investments.
The city is seeking investment advisory services for its general investment portfolio.
The agency hired PFM Asset Management to handle the services following a search launched in 2016.
The district previously invested its funds with the state treasurer’s investment fund and local banks.