Investment Advisory Services

Galveston County is issuing a Request for Proposal (RFP 26-093) to procure investment advisory services for the management and optimization of the County's investment portfolio. Posted on April 23, 2026, with proposals due by May 28, 2026, this procurement seeks a qualified and experienced investment advisory firm to serve as an independent advisor providing professional expertise, strategic guidance, and ongoing support. The selected firm will be responsible for developing and implementing investment strategies aligned with the County's primary objectives of safety, liquidity, and yield, with deliverables including portfolio analysis, strategic recommendations, performance monitoring, and advisory support throughout the contract term. Required qualifications include demonstrated experience in public sector investment management, a comprehensive understanding of municipal investment regulations and best practices, and a proven track record of successfully managing institutional investment portfolios of similar scope and complexity. The evaluation criteria will assess technical competence, the quality of the proposed investment strategy, the firm's experience with government entities, cost effectiveness, and the strength of the advisory team proposed for the engagement.

The procurement documentation does not explicitly identify set-aside designations, disadvantaged enterprise requirements, or restrictions limiting participation to specific organization types, indicating that the opportunity is open to qualified investment advisory firms regardless of business classification. No incumbent vendor information or current service provider details are disclosed in the available documentation, suggesting this may represent a new engagement or transition of services. The RFP files do not specify a predetermined budget range or contract award value, allowing the County to evaluate proposals on merit and competitive pricing. Interested firms should thoroughly review all RFP documentation and submit complete proposals by the May 28, 2026 deadline, ensuring that their submission clearly demonstrates relevant experience, technical qualifications, and a comprehensive understanding of municipal investment portfolio management requirements.