Multi-Asset/Investment Advisor
The organization is seeking a firm to handle its portfolio alongside its foundation’s portfolio, including asset allocation advice, investment management, consulting and custody services.
The town currently works with investment advisor Morgan Stanley Investment Management.
The search was conducted last year to evaluate other options.
The incumbent will continue to provide investment advisory services for the city’s $225 million investment portfolio.
The city is seeking non-discretionary portfolio management services for its roughly $2 million portfolio.
The city is seeking the services on behalf of its $22 million in operating and capital funds.
The district hired a firm to provide investment services for its 401(a) and 457(b) Plans.
The nonprofit organization selected a firm to handle its more than $500 million endowment this month over three other finalists following a year-long competitive bid process.
The agency’s investment portfolio was previously managed in-house.
The town is seeking investment advisory services for its $17.6 million 457(b) plan.