RFP for investment advisory services

The Town of West Hartford, Connecticut has issued a Request for Proposal (RFP) for Investment Advisory Services, seeking qualified firms to provide non-discretionary investment advisory services within Hartford County. The solicitation specifically targets Investment Advisors or Broker/Dealers who will operate under a non-discretionary arrangement, requiring explicit Town approval for individual transactions. The RFP, identified by Solicitation Number 220002, was posted on July 24, 2021, with proposals due by August 26, 2021, at 2:00 PM EDT. Interested firms must submit comprehensive proposals demonstrating their capability to provide professional investment advisory services to the town. The primary point of contact for this solicitation is Tammy Bradley, who can be reached at 860-561-7472 or tammyb@westhartfordct.gov. Vendors are required to provide services with Free On Board Destination delivery terms, and payment terms will be vendor-specified.

The RFP does not specify any set-aside designations, disadvantaged enterprise requirements, or restrictions on the types of organizations that can respond. No incumbent vendors or current contractors are mentioned in the documentation, and there are no explicit details about existing infrastructure or technology integration requirements. The solicitation appears to be open to all qualified vendors, with no predefined limitations on firm size, location, or specialization. Additionally, the RFP does not disclose an estimated total contract value, budget range, or potential contract duration. Interested firms will need to submit comprehensive proposals that demonstrate their expertise in investment advisory services, with the understanding that the selected firm will work closely with the Town of West Hartford to manage investments in a collaborative, non-discretionary manner.