City pursuing investment advisor representative
CARMEL, Ind., August, 21, 2024 - The City of Carmel is issuing a Request for Proposal (RFP) for an investment advisor representative to support its 403(b) deferred compensation plan for employees, former employees and retirees.
The effort is part of the city’s comprehensive review of all financial contracts in support of the mayor’s commitment to ensure the financial well-being of the city and its workforce.
Mayor Sue Finkam 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 Finance | City of Carmel through Sept. 5 at 2:00 p.m.
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About the City of Carmel, Indiana
The City of Carmel is a thriving community in Central Indiana and is ranked one of the most livable mid-size U.S. cities. Known nationwide for pioneering urban design, Carmel has received numerous awards for its community amenities, quality of life, business environment and excellent schools, and continues to build community for those who live, work, play and visit the city. For more information, visit www.carmel.in.gov.
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