Defined Benefits and Contributions Retirement Plans and Post Employment Benefits Consulting Services

A government authority in Falls Church, Virginia is seeking a qualified financial and investment consulting firm to provide consulting services for defined benefits and contribution retirement plans, as well as other post-employment benefits plans. The selected firm will be responsible for advising on asset allocations, performance monitoring, fund and manager selection, and fee structures for public governmental pension plans and defined contribution savings plans.

The engagement aims to establish a long-term relationship built on trust, professionalism, collaboration, and strong fiduciary capabilities. Key responsibilities include delivering timely performance evaluation statistics for investment managers on a quarterly basis against established guidelines and benchmarks, as well as evaluating and negotiating management fees by closely monitoring transaction costs and efficiencies to formulate strategic recommendations. The authority seeks competitive and transparent pricing for these consulting services.