Investment Advisory Services

The Florida government authority is seeking a qualified investment advisory firm to provide comprehensive oversight of its portfolio. The agency requires these services to ensure compliance with sound fiduciary responsibility, best practices, and its established investment policy. To solve its portfolio management needs, the agency is requesting a vendor to perform risk tolerance assessments, portfolio cash flow needs analyses, and investment objective determinations and measurements. The scope of work covers investment policy statement review and construction, modern portfolio theory-based asset allocation, and initial manager selection. The selected advisor will also establish manager probation and replacement triggers, define asset allocation rebalancing triggers, and conduct comparative performance-based rankings and assessments. Additionally, the agency requires ongoing investment policy statement compliance testing to ensure adherence to all guidelines. Eligible bidders must be onshore organizations based solely in the United States. The agency will allow the selected vendor to perform all work offsite. Bidders must submit any questions regarding this opportunity no later than June 23, 2026. The agency is requesting proposals to determine the budget for this project. Bidders may submit their final responses digitally via email or through the designated online portal. The agency will evaluate proposals based on the bidder's ability to fulfill the comprehensive investment advisory and compliance testing requirements.