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  5. ›Investment Consulting Services RFP

State of Michigan·Michigan

Investment Consulting Services RFP

Closes 8/19/2026$200k – $500kRequest for Proposal
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Description

The State of Michigan is seeking investment consulting services to provide guidance on investment strategies and portfolio management for various state funds, including defined benefit retirement plans, defined contribution retirement plans, and other major funds. The selected consultant will be expected to provide services such as program reviews, research, strategy, and industry trends. The consultant will also be required to participate in monthly scheduled meetings with the state and attend up to four SMIB meetings annually. • The scope of services includes investment consulting for various state funds, including defined benefit retirement plans, defined contribution retirement plans, and other major funds. • The consultant will be expected to provide services such as program reviews, research, strategy, and industry trends. • The consultant will be required to participate in monthly scheduled meetings with the state and attend up to four SMIB meetings annually. • The state is seeking a consultant with experience in investment consulting and portfolio management. • The consultant will be expected to provide high-level consulting support for the Michigan Education Savings 529 Plans.

Attached files

Contact

Adam Ashley

[email protected]

(517) 855-1376

Key dates

Opened
7/31/2026
Closes
8/19/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523920
Solicitation №
RFP-171-260000002293-2

Budget estimate

$200,000 – $500,000

The budget for this opportunity is estimated to be between $200,000 and $500,000 per year, based on the scope of services and the level of expertise required. The state is seeking a consultant with experience in investment consulting and portfolio management, and the services are expected to be provided for a period of several years. The estimated budget range is based on industry standards for investment consulting services and the complexity of the services required.

AI estimate from the solicitation

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