Investment Advisory Services

The government authority located in Florida is seeking a qualified vendor to provide investment advisory services. The authority requires a partner to oversee its portfolio in accordance with sound fiduciary responsibility, best practices, and the established investment policy. This initiative aims to ensure proper risk management, cash flow alignment, and strategic asset allocation for the public funds. The scope of work covers a risk tolerance assessment, a portfolio cash flow needs assessment and analysis, and investment objective determination and measurement. The selected vendor must also perform investment policy statement review and construction, modern portfolio theory-based asset allocation, and initial manager selection. Additional responsibilities include establishing manager probation and replacement triggers, setting asset allocation rebalancing triggers, conducting comparative performance-based ranking, performing comparative performance assessments, and executing investment policy statement compliance testing. Eligible bidders must be onshore organizations based in the United States. The authority allows the performance of the work to be conducted offsite. Bidders must submit their proposals digitally via email or online, and the authority is currently looking for proposal submissions to determine the budget. All questions regarding this opportunity must be submitted no later than June 23, 2026.