INVESTMENT CONSULTANT SERVICES

The City of North Las Vegas is seeking an investment consultant firm to provide investment advisory services for the City's 457(b) deferred compensation plans and 401(a) defined contribution plans. The consultant will be required to provide services such as plan design, investment strategies, and education and training for plan participants. The contract will be for an initial term of three years, with the option to extend for up to two additional one-year periods. • The City's Plans were established to provide City employees with an additional retirement savings option. • The City has one recordkeeper for the Plans: Nationwide. • The recordkeeper's portfolios contain dozens of funds in various asset categories. • The Investment Consultant will be required to provide investment advisory services for all aspects of the Plans. • The Investment Consultant will advise the Committee regarding ongoing administration of third-party recordkeeper and investment manager services. • The Investment Consultant will periodically review fee arrangements of Plan service providers and assist the Committee in identifying indirect compensation elements of Plan service providers.