Consultant/OCIO/Discretionary
The authority is searching for a retirement plan consultant to perform investment practices and performance evaluation.
The search is being conducted due to the upcoming contract expiration of the program’s incumbent.
The county is seeking consulting services on behalf of its $142 million 457(b) Deferred Compensation Plan.
The comptroller’s office has issued an RFP for the services on behalf of its deferred compensation and OPEB trust funds.
City council approved the hire of the plans’ first investment consultant after receiving five responses to an RFP issued in October.
The plan reissued an investment advisory RFP in September.
The search for each retirement plan is due to state statute requirements.
The retirement system is seeking to establish a pool of “possibly two to three” consulting firms to advise on co-investments.
The fund ultimately decided to retain its investment consultants and their contract terms following review at its board meeting this month.
The retirement system also canceled its general investment consultant RFP and approved a 2025 private markets pacing plan in January.