457 Investment Advisor

Description

The City of Lawrence, Kansas is seeking proposals from qualified firms to provide comprehensive investment advisory and consulting services for its retirement plan (the “Plan”).The scope of services includes, but is not limited to, the following:Ongoing evaluation, analysis, and recommendations concerning the design and structure of the Plan;Review and recommendation of participant investment education programs;Monitoring, analysis, and guidance on emerging industry trends, innovations in plan design, new investment products, and developments in behavioral finance;Ongoing review and advisement regarding changes in applicable laws, regulations, and compliance requirements;Identification and promotion of best practices relevant to the Plan’s administration and investment strategy;Evaluation and recommendation of investment offerings available to Plan participants, including the appropriate number and types of asset classes;Establishment of suitable peer group and index benchmarks for each investment option within the Plan;Development of implementation and exit strategies for investment options;Review and analysis of partic