The Chesapeake Bay
Foundation is seeking a customized investment advisor. Proposals must be delivered electronically to ***@***. *. * no later than 5 PM, May 13, 2025. Finalist firms will be selected by May 30, 2025, with presentations anticipated for summer in Baltimore, MD. Proposals must include specific information about the firm's qualifications, clients, employees, investment advisor capabilities, investment strategies, performance, and fees. Minority-owned businesses are encouraged to apply. The proposal must include a sample client report. The proposal must include information about the firm's legal name, address, founding year, investment advisory services start year, outsourced CIO services, organizational structure, ownership structure, revenue attributable to investment advisory and CIO business, SEC registration status, any SEC or EEOC censure, arbitration settlements, or litigation, certificates of insurance, potential conflicts of interest, ownership interest in recommended investment managers, total assets under management (AUM) and assets under advisement (AUA), client retention, minimum account size, business history, comparable clients, employee breakdown, senior management team, team for CFB, interaction with CFB's investment committee, staff turnover, compensation arrangement, employee investments, investment advisory model, level of discretion, cofiduciary status, contracts with investment managers, investment vehicles, custody arrangements, administrative support, K1s, legacy assets, investment oversight, onboarding process, quarterly meetings, disclosures about potential unrelated business taxable income, ESG policy, investment philosophy, decision-making process, policy development, modeling capabilities, liquidity management, risk management, rebalancing policy, passive vs. active management, alternative assets, manager selection, capacity allocation, tactical adjustments, investment manager research process, criteria for selection and termination, databases, analysts, fee negotiation, compliance review, internal management, international managers, performance monitoring, benchmarks, performance reports, risk monitoring, additional reports, performance results, risk metrics, fees, termination fees, lockup provisions, fee reporting, and how fees are charged on illiquid legacy assets.