Dawson County School System, Dawsonville, Ga., hired Arista Financial Group as investment consultant of its $34 million 403(b) plan, said Jamie Ulrich, executive director of finance, in an email.
The system issued an RFP in May for a consultant to complete a "best practices" review of the plan within six months of the beginning of a contract, including a review of the investment options lineup. Once complete, the system will decide whether to retain Arista permanently, or issue an RFP for ongoing services. The system has never had an ongoing investment consultant.
Other finalists were Atlanta Retirement Group and Cannon Financial Strategists.