Investment Advisory Services

Overview

Financial, Legal, HR & Staffing

Princeton, New Jersey, United StatesPosted about 1 month agoDeadline: April 10th, 2026

Fit Score

Settle Intelligence

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SUMMARY

A New Jersey government authority seeks a firm to provide three-year investment advisory services for long-term management of Trust assets, emphasizing diversification, risk management, performance reporting, and value growth.

KEY REQUIREMENTS

Firm must be a registered investment advisor in good standing under the Investment Advisers Act of 1940
Firm must be registered to do business in the State of New Jersey
Firm must have at least 5 years of experience serving as an investment advisor for tax-exempt bond proceeds of governmental issuers of municipal securities
Firm must have at least 5 years of experience serving as an investment advisor for tax-exempt bond proceeds of institutions of higher education
Firm must have at least 5 years of experience serving as an investment advisor for long-term pension or other retirement benefit trust funds
Firm-wide assets under management must be at least $1 billion
Key members of the firm serving the Authority must have at least 5 years of experience investing tax-exempt bond proceeds and/or long-term pension or other retirement benefit trusts
Vendor must have a valid New Jersey Business Registration Certificate

BUDGET

Estimate

$500,000 – $3,000,000

CONTRACT DURATION

36 months

TIMELINE

Date Issued: March 27th, 2026

Question & Answer Cut-Off Date: April 1st, 2026

Responses to RFP-related Questions and Inquiries and addenda, if any, will be posted on or about April 2nd, 2026

Proposals Due: April 10th, 2026

QUESTION DEADLINE

April 1st, 2026

Issuing Agency

New Jersey Educational Facilities Authority

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DESCRIPTION

The government authority located in New Jersey seeks qualified vendors to provide comprehensive investment advisory services for managing Trust assets. The selected vendor will be responsible for documenting investment objectives, defining performance expectations, and establishing solid investment guidelines tailored for the Trust assets.

Responsibilities include developing and maintaining an appropriate investment strategy that determines the investment time horizon, risk tolerance parameters, and asset allocation to ensure adequate diversification and long-term returns. The advisor must set clear guidelines to manage risk and maintain asset liquidity, along with establishing regular performance reporting protocols to evaluate investment outcomes and compliance with the Trust's policy statement.

The contract also requires coordination of ongoing funding and withdrawal processes to meet benefit payments and operational expenses. The overarching objective is to enhance the real value of Trust assets through appreciation and income, maintaining a prudent risk profile. The engagement is for a three-year term.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.