The selection of an investment advisor or Chief Investment Officer is a daunting task. The right guidance can have one of the largest impacts on outcomes. Let us be your advocate.

Our knowledge of the industry's most competitive relationships ensure you see the most appropriate choices. In addition to saving you time and money, we add value to your search process with decades of experience.



Services

OCIO / Investment Advisor Search

If your organization is searching for an OCIO, Outsourced Chief Investment Officer or an investment advisor you have come to the right place. OCIO is a rapidly growing business model with no standardization - it's like the Wild West. Instead of working with industry produced OCIO ranking shortlists, North Pier independently researches which OCIO firms to invite for every RFP. With North Pier, your search is assured to be on target and fees paid are fair.

Pricing:
OCIO RFP: $45,000 - $65,000
ERISA 3(38) (discretionary) Advisor RFP: $32,000 - $46,000
ERISA 3(21) (non-discretionary) Advisor RFP: $26,000 - $46,000

Fees are based on consultants time. Our services range in price depending on complexity and breadth of candidates.


Typical Scope of Service

Historic Performance Review
Review Committee Processes and Procedures
Investment Policy Statement Review
Committee Charter Draft/Revise/Maintain
Other Applicable Governance
Develop Search Criteria and Requirements
Preliminary Screening to Source Finalists
Draft and Distribute RFP
Evaluate RFP grade and summarize responses
Conduct Quantitative Analysis
Conduct Interviews with References
Review RFP Results with Committee
Prepare and Facilitate Finalist Meetings
Compilation Report
Implementation Oversight

Recordkeeper Search

Looking for a new recordkeeper / platform for a 401k, 403b or pension plan? In a sea of similar looking brochures, differences in provider capabilities, fee structures, service models and even ethics can vary greatly. Our recordkeeper and custodian RFP services save our clients time and their beneficiaries money.

Additional Search Services
  • Actuaries
  • ERISA Counsel
  • Health and Welfare
  • Trust and Custody Services
Pricing:

$26,000 - $50,000

Fees are based on consultants time. Our services range in price depending on complexity and breadth of candidates.


Typical Scope of Service

Comprehensive Client Profile
Review Committee Processes and Procedures
Committee Charter Draft/Revise/Maintain
Develop Search Criteria and Requirements
Preliminary Screening to Source Finalists
Draft and Distribute RFP
Evaluate RFP and score responses
Review RFP Results with Committee
Prepare and Facilitate Finalist Meetings
Compilation Report
Implementation Oversight

Retirement Program & Governance Assessment

Our holistic examination will evaluate all governance protocols and existing covered service provider arrangements. The result will be that your processes and existing team of service providers will be validated, improved or suggested for replacement. Lastly, this process will leave your fiduciaries with an updated education on how to comply with current regulations as well as to strive for best industry practices.

Pricing:
Starting at $14,000


Areas of coverage

Committee Formation and Process Review
Investment Policy, Committee Charter and Governance
Plan Document Review
Review of Current Vendors' Service Agreements
Performance Analysis and Benchmarking of Current Vendors
Timeliness of Contribution Compliance
406(b) Compliance (Prohibited Transaction rules)
Appointing Fiduciary Oversight Compliance