New England Pension
Consultants
1 Main St., Cambridge, Mass. 02142; phone: (617) 374-1300
New England Pension Consultants provides overall development of investment policies/objectives; overall development of appropriate asset allocation; U.S., global/international, real estate, private investments, derivatives and GIC manager selection and performance measurement; venture capital and LBO performance measurement; and U.S. investment, global/international, venture capital, LBO, private investments, derivatives and GIC additional analysis.
The firm also offers impact of currency/country selection; stock and sector selection; policy impact vs. manager impact; current, prospective and historic analysis; and strategic vs. tactical asset allocation impact.
For 401(k) plans, the firm provides advice on which investment options to offer employees, advice on the hiring of firms offering the specific investment options, guidance on the hiring of record-keeping service providers, investment education and communications programs for employees, and building lifecycle funds. There are two professionals working solely on the needs of 401(k) plans.
The firm has special expertise in structured portfolios, FAS 87, hedging strategies, Taft-Hartley and public fund consulting, custodial search and socially restricted investments.
Of the 95 tax-exempt clients on retainer, 42 are corporate, eight are public, 31 are union and 14 are foundation or endowment funds.
There are eight professional consultants. Fees are payable in both hard and soft dollars.
Richard M. Charlton is client contact.
Nordstrom Pension
Consulting Co.
42105 Ford Road, Suite 255, Canton, Mich. 48187-3669; phone: (313) 416-5640
Nordstrom Pension Consulting Co. provides overall development of investment policies/objectives; overall development of appropriate asset allocation; U.S. investment and global/international manager selection, performance measurement and analysis; and GIC performance measurement.
For 401(k) plans, the firm provides bundled service through a mutual fund alliance, advice on which investment options to offer employees, advice on the hiring of firms offering the specific investment options, guidance on the hiring of record-keeping service providers, investment education and communications programs for employees, and performance measurement. The firm has one professional working solely on the needs of 401(k) plans.
The firm has special expertise in performance measurement, 401(k) provider selection and 401(k) employee education.
There are two corporate tax-exempt clients on retainer. The firm also provided services to six corporate non-retainer tax-exempt clients during the past year.
There is one professional consultant. Fees are payable in both hard and soft dollars.
Tax-exempt retainer clients include Core Industries and United Community Services of Metropolitan Detroit.
Karl Nordstrom is client contact.
Orben Associates Inc.
40 Wall St., New York, N.Y. 10005; phone: (212) 269-9191
Orben Associates Inc. provides overall development of investment policies/objectives; overall development of appropriate asset allocation; and U.S. and private investment performance measurement and analysis.
For 401(k) plans, the firm provides advice on which investment options to offer employees, investment education and communications programs for employees, and basic investment strategy. There are three professionals working solely on the needs of 401(k) plans.
The firm has special expertise in basic plan design and construction of investment strategies.
There are four professional consultants. Fees are payable in hard dollars.
Jack R. Orben is client contact.
Paragon Asset Management
1000 Skokie Blvd., Suite 570, Wilmette, Ill. 60091; phone: (708) 256-6700
Paragon Asset Management provides overall development of investment policies/objectives; overall development of appropriate asset allocation; and U.S., global/international, real estate, venture capital and private investments manager selection, performance measurement and analysis.
For 401(k) plans, the firm provides bundled service through a mutual fund alliance, advice on which investment options to offer employees, advice on the hiring of firms offering the specific investment options, guidance on the hiring of record-keeping service providers, investment education and communications programs for employees, and performance evaluation. There are six professionals working solely on the needs of 401(k) plans.
There are four corporate tax-exempt clients on retainer.
There is one professional consultant. Fees are payable in hard dollars.
Michael Ryan is client contact.
2600 W. Seventh St., Suite A, Wilmington, Del. 19805; phone: (302) 429-0982
Peirce Park Group provides overall development of investment policies/objectives; overall development of appropriate asset allocation; and U.S. and global/international manager selection, performance measurement and additional analysis.
For 401(k) plans, the firm provides advice on which investment options to offer employees, advice on the hiring of firms offering the specific investment options, record-keeping and administration services, guidance on the hiring of record-keeping service providers, and communications programs for employees.
The firm has special expertise in post-retirement medical benefit funding, nuclear decommissioning trusts and non-qualified deferred compensation plans.
The firm provides proprietary software to evaluate asset/liability issues in post-retirement to the investment management industry.
There are four professional consultants. Fees are payable in both hard and soft dollars.
Michael Shone is client contact.
Pension Consulting Alliance
15760 Ventura Blvd., Suite 700, Encino, Calif. 91436; phone: (818) 995-8713
Pension Consulting Alliance Inc. provides overall development of investment policies/objectives; overall development of appropriate asset allocation; and U.S., global/international, real estate, private investment and derivatives manager selection, performance measurement and analysis.
The firm has special expertise in strategic planning and proactive consulting.
Of the 16 tax-exempt clients on retainer, 13 are public, two are union and one is a foundation or endowment fund. The firm also provided services to three public non-retainer tax-exempt clients during the past year.
There are three professional consultants. Fees are payable in hard dollars.
Tax-exempt retainer clients include the California Teachers, Minnesota Board of Investment, California Public Employees, and Oregon State Investment Council.
Allan Emkin is client contact.
