Investment Manager Services

The government authority in Riviera Beach, FL needs a fiduciary vendor to provide comprehensive investment advisory and portfolio management services for its investment assets. The selected firm must develop investment strategies aligned with the agency's Investment Policy Statement, provide strategic advice on asset allocation, and manage day-to-day investment decisions across five separate accounts. The average monthly portfolio size is $105,000,000, though it fluctuates based on collections and spending. Additional required duties include executing trades, monitoring performance, delivering detailed quarterly reports, identifying risks, participating in scheduled meetings, assisting during audits, and coordinating with third parties. The buyer accepts proposals from USA organizations only. The contractor will perform work both onsite and offsite. Bidders must submit all questions no later than September 16, 2026. Applicants can submit their responses digitally via email or online. The buyer is currently looking for proposals to determine the budget and has not stated specific evaluation criteria in the provided text.