Investment Advisory and Cash Management Services

The government authority located in Lake Placid, NY needs a USA-based onshore organization to provide offsite investment advisory and cash management services. The selected vendor must review the authority's cash position, banking relationships, cash flow patterns, and investment policy. The vendor must recommend an investment strategy and target portfolio structure to optimize yield within the authority's risk tolerance and liquidity needs. The advisor must continuously monitor the portfolio and recommend adjustments as conditions change. Independent authority-designated custodians will hold all investment assets; the advisor cannot serve as custodian or withdraw funds except to execute authorized investment transactions. The authority seeks proposals for its budget and requires all questions by September 21, 2026.