Investment Advisory Services

Overview

Financial, Legal, HR & Staffing

Westerville, Ohio, United States; Westerville, Ohio, United StatesPosted about 1 month agoDeadline: April 29th, 2026

Fit Score

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SUMMARY

Three-year contract for professional investment advisory services to enhance and manage the investment portfolio for a government agency in Westerville, Ohio.

KEY REQUIREMENTS

Must be registered with the Securities and Exchange Commission per the Investment Advisers Act
Must have ten years of experience operating in the market
Must provide evidence of errors and omissions insurance coverage
Must assign a portfolio manager and a relationship manager with ten years of experience
Must comply with Ohio Revised Code, the City's Charter, and the City's Investment Policy
Must submit a Transmittal Letter and Professional Services Proposal
Must submit 'Yes' for Intent to Bid via the Project Portal

BUDGET

Estimate

$150,000 – $250,000

CONTRACT DURATION

36 months

TIMELINE

Open Date: April 1st, 2026

Questions Due Date: April 17th, 2026

Close Date/Deadline for Responses: April 29th, 2026

Evaluation of Proposals: May 7th, 2026

Presentations/Interviews: May 8th, 2026 – May 21st, 2026

Contract Negotiations/Award: May 22nd, 2026 – May 31st, 2026

Commencement of Services: January 1st, 2027

QUESTION DEADLINE

April 17th, 2026

Issuing Agency

City Of Westerville

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DESCRIPTION

The agency located in Westerville, Ohio is seeking a qualified vendor to provide professional investment advisory services to enhance its portfolio of both short-term and long-term investments. The selected firm will deliver expert advice and recommendations for both the investment and reinvestment of agency funds, including suggestions for changes to portfolio composition.

Key responsibilities include providing accurate market value assessments of all portfolio holdings, preparing monthly interest projections, and supplying annual GASB information required by agency staff. The vendor will be expected to offer high-touch support in the event of service issues and maintain proactive communication with the agency.

The initial contract period will be for three years. Interested parties are required to submit questions by April 17, 2026.

Source attribution

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