RFQ - investment advisory services

The State of California is requesting quotations for investment advisory services with quotations due October 16, 2026 (RFQ 12896). The solicitation seeks qualified firms to provide comprehensive investment advisory services supporting the state's investment portfolio management and strategic financial planning objectives.

The scope includes investment analysis, portfolio recommendations, risk assessment, and ongoing advisory support. Bidders must submit detailed qualifications, relevant experience, proposed methodologies, and fee structures. The pricing structure and payment terms will be negotiated with the selected vendor based on the scope of work, complexity of services required, and value delivered to the state.

The contract term and renewal options will be determined based on the selected vendor's performance and the state's continued need for services. The solicitation may include specific set-asides for disadvantaged business enterprises or other small business categories as applicable under California procurement regulations. Funding will be provided through the state's general fund or designated investment accounts, depending on the nature and scope of the advisory engagement.