Page 246 - AugDefComp

8/26/2021

INVESTMENT CONSULTANT RFP

POST-INTERVIEW DISCUSSION NOTES

NFP INNOVEST
Investment analytics format might be easy for Nice investment analytics, such as the green-yellow-red
public to read. scorecard summary.
Well Cents app (separate cost) might be Team had a good vibe, energy.
considered for the County. Good diversity of team.
Selection committee appreciates that new Smaller size company. More intimate.
resources (account team, Well Cents) are Well-prepared for interview (e.g., read minutes, generated
being offered. ideas for County plan).
457 University has been good resource. Comments from references:
Selection committee noted NFP’s help with SCC: Good fiduciary training; entire team shows up at
County’s NAGDCA awards. meetings; take minutes; great relationship with Fidelity as
Large company could be opportunity for cost recordkeeper
savings in extra endeavors. CO Retirement: Strong partner on strategies
As incumbent, NFP would not require ramp- Westminster, CO: Above and beyond! Very good
up or transition. communications and presentations.
Lakewood, CO (former client): Very helpful to non-finance
committee members. If Finance Dept hadn’t changed
consultants, this trustee would not have left Innovest.

7

INVESTMENT CONSULTANT RFP
SUMMARY COMMENTS

• Both the NFP and Innovest proposals were strong and would meet the DCAC’s
investment consulting needs.
• NFP represents a known quantity and no transitions.
• Innovest represents fresh set of eyes and ideas.

8

4