Santa Fe Community College foundation looks for consultant

GROW Santa Fe (N.M.) Community College Foundation is searching for an investment consultant for the foundation's $5 million in endowment assets, confirmed Bob McWilliams, assistant vice president, business services and purchasing, at Santa Fe Community College.

Incumbent First Santa Fe Wealth Advisors is invited to rebid.

GROW's portfolio is “expected to be largely invested in liquid, public traded securities (primarily mutual funds and exchanged-traded funds),” according to the RFP. The portfolio has a target asset allocation of 30% each equity, fixed income and alternatives, and 10% cash.

The RFP is available on the community college's website at

Proposals are due at noon MDT Oct. 15. Finalists will be named Oct. 29, with a hiring decision expected on Nov. 6.