Investment Advisory Services

The Vendor is required to provide investment advisory services to the agency deferred compensation committee regarding the administration and oversight of the investments for agency 457 deferred compensation and 401(k) defined contribution plans (“Plans”).
- Rates of return for each fund measured net of investment manager fees and all fund expenses relative to a peer group universe (benchmark) and other relevant market indices for the following time periods: 3 months, 6 months, 1 year, 3 years, and 5 years.
- Assist the committee in evaluating and selecting investment offerings in the Plans to ensure the availability of a diversified portfolio to the participants of the Plans.
- Fund characteristics including name of manager, duration of manager with fund, fund objectives, style and description of fund performance.
- Comments and observations including whether the fund managers adhered to state investment policies, objectives and/or style and identify and deviations from stated investment policies, objectives and/or style, if any, and comments as to changes in key personnel such as investment manager, research team, etc.
- Recommendation for each fund as to whether it should remain in the Plan(s), be placed on a watch list, or be deleted from the Plan(s) in accordance with guidelines in the investment policy.

- Contract Period/Term: 3 years
- Questions/Inquires Deadline: January 22, 2026