Deferred Compensation Investment Management Consulting Services

The Village of Downers Grove seeks a qualified consulting firm to provide investment management services for its Deferred Compensation plan. The work will focus on strategic investment guidance, portfolio oversight, compliance monitoring, and reporting to ensure the plan’s assets are managed prudently and in line with fiduciary responsibilities. This effort supports the village’s commitment to sound financial stewardship for its employees’ retirement savings. • Provide investment policy development and ongoing advisory services for the deferred compensation fund. • Conduct portfolio analysis, risk assessment, and performance reporting on a regular basis. • Ensure compliance with applicable federal and state regulations, including ERISA and related fiduciary standards. • Offer recommendations on asset allocation, manager selection, and market trends to optimize returns while managing risk. • Deliver documentation, presentations, and stakeholder communication to village officials and plan participants.