The City of Carmel has issued a Request for Proposal (RFP) for an investment advisor representative to support its 457(b) deferred compensation plan for employees, former employees, and retirees.
Finkam
The effort is part of the city’s comprehensive review of all financial contracts in support of Mayor Sue Finkam’s commitment to ensure the financial well-being of the city and its workforce.
The mayor said the RFP process is designed to identify the most qualified and innovative partner to guide employee investment decisions, with an emphasis on fiscal responsibility, enhanced services to employees, and technological advancements.
The representative chosen will work with the city’s plan recordkeeper, One America.
“This search further demonstrates our broader commitment to continually improve the services and benefits we offer to our dedicated city employees,” Mayor Finkam said. “Our financial well-being is a priority for this administration, and we look forward to further enhancing services for our employees.”
The RFP is available on the city’s website at this link through 2 p.m. Sept. 5.