Deferred Compensation Program Investment Consultation Services

The City and Borough of Juneau is seeking a consulting firm to provide comprehensive financial investment advisory and consulting services for its Deferred Compensation Program. The selected firm will serve as an independent, objective advisor to assist the Deferred Compensation Committee in maintaining a high-quality, cost-effective program that is compliant with all fiduciary standards and serves the best interests of participating employees. The scope of work includes plan document review and maintenance, investment policy statement review and maintenance, quarterly performance reporting, detailed plan cost analysis and benchmarking, investment manager searches, contract evaluation services, and plan governance and committee function assistance. • Monitor and analyze plans, funds, and fund manager performance quarterly. • Review and maintain all required plan documentation, including the Investment Policy Statement (IPS). • Provide detailed plan cost analysis and benchmarking. • Provide fiduciary education and training for committee members. • Conduct a Request for Proposals (RFP) for Recordkeeping Services as required by the CBJ Purchasing schedule (anticipated every five years). • Conduct investment manager searches and manage investment manager transitions as required. • Perform contract evaluation services. • Assist with plan governance and committee functions.