Consultant/OCIO/Discretionary
The plan will interview the two finalists in April.
The principal and financial advisor will retire from the investment consulting firm this summer.
The search is being conducted due to the upcoming June 30 contract expiration of incumbent CAPTRUST Financial Advisors.
The 529 plan is likely conducting the search due to the impending contract expiration of incumbent 529 industry consultant, which was retained in 2023 following a similar search.
The retirement system also hired two value-add real estate managers today.
The city expects to award a contract in June.
The deferred compensation plan conducted a similar search in 2021.
The authority is seeking the services for its defined benefit and defined contribution plans.
The retirement system received six proposals in response to an RFP issued last year.
The college savings plan has reissued its RFP seeking investment consulting services for its 529 accounts to address a minor technical compliance issue.