Description
The State of New Hampshire is seeking proposals from qualified firms to provide independent investment consulting and advisory services for the New Hampshire 529 College Savings Program. The selected firm will provide objective analysis, performance evaluation, investment policy guidance, and strategic recommendations to help ensure the continued success and competitiveness of the program. The contract term is three years, with an option to extend for an additional two years. The scope of work includes evaluating and recommending investment structures, reviewing the Investment Policy Statement, monitoring and reporting on investment performance and risk metrics, and providing benchmarking and peer comparison analysis.
• Evaluate and recommend investment structures, including the review of the Age-Based Portfolios’ construction and glide path design.
• Review the Investment Policy Statement and recommend amendments when appropriate.
• Monitor and report on investment performance and risk metrics.
• Assist in the selection and ongoing evaluation of investment managers and underlying funds.
• Provide benchmarking and peer comparison analysis to assess relative performance.
• Review fees and identify opportunities for cost optimization.
• Advice on governance, compliance, and fiduciary best practices.
• Deliver periodic educational presentations on 529 plans to the Commission upon request.