Investment Advisory Services RFP

2026-11-03

1 . Investment Policy & Objectives – Assist with the development , implementation , and periodic review of the Investment Policy Statement . 2 . Asset Allocation – Conduct studies and provide recommendations to ensure alignment with the Berrien County Trust Investment Committee ’ s goals and risk tolerance . 3 . Manager Search & Selection – Lead the due diligence , selection , and appointment of investment managers within the approved framework , including preparation of search materials , recommendations , and ongoing oversight of appointed managers . 4 . Performance Standards – Develop and monitor performance standards for investment managers . 5 . Performance Monitoring & Reporting – Provide quarterly performance evaluation reports , including comparisons to benchmarks and peer groups . 6 . Regulatory Compliance – Monitor compliance with Public Act 314 of 1965 , as amended , and provide written quarterly reports . 7 . Fund Diversification – Assist in maintaining an appropriately diversified investment manager structure . 8 . Portfolio Implementation & Risk Management - Execute approved investment decisions , including rebalancing , manager changes , and tactical adjustments , and provide ongoing monitoring of portfolio - level risks to ensure alignment with the Retirement System ’ s objectives and risk parameters . 9 . General Consulting Services – Provide related services as requested ( e . g ., custodial search , fee studies , educational presentations ).

MITN

2026-04-29