BANKING-9303 - USA (Riviera Beach, Florida) - Investment Manager Services - Deadline October 1,2026

(1) Vendor needs to provide investment manager services to the government authority located in Riviera Beach, FL. – Provide comprehensive investment advisory and portfolio management services for the agency investment assets.– The selected firm will serve as a fiduciary, acting in the best interest of the agency, and will be responsible for implementing and managing an investment strategy consistent with the organization's objectives, risk tolerance, and Investment Policy Statement (IPS).– Investment Advisory and Strategy Development• Develop and recommend an investment strategy in alignment with the agency IPS.• Provide strategic advice on asset allocation, portfolio structure, and rebalancing protocols.• Advise on and recommend appropriate benchmarks for performance comparison.– Portfolio Management• Implement the approved investment strategy and manage day–to–day investment decisions within agreed–upon guidelines.• Execute trades in a timely, cost–effective, and compliant manner.• Monitor the performance of all portfolio assets on an ongoing basis and make tactical adjustments as appropriate. (The average monthly portfolio size is $105,000,000. The size fluctuates monthly depending on the time of the year, collections, and spending.)• Portfolio consists of five separate accounts within the portfolio.– Performance Reporting and Analysis• Provide detailed quarterly performance reports, including:– Risk Management and Compliance• Ensure portfolio management adheres to the IPS and applicable legal and regulatory requirements.• Identify, monitor, and report risks within the portfolio.• Assist with the development and refinement of investment guidelines and policies, as requested.– Communication and Support• Maintain proactive and responsive communication with designated organizational representatives.• Provide timely updates on market developments, economic outlooks, and their potential impact on the portfolio.• Participate in scheduled meetings (in–person or virtual) with the board, staff, or investment committee.– Other Services• Provide assistance with special projects or reports as requested.• Support the organization during audits or reviews involving investment assets.• Coordinate with custodians, consultants, actuaries, or other third parties as necessary.(2) All the questions must be submitted no later than September 16, 2026.