Hewitt Associates L.L.C.
100 Half Day Road, Lincolnshire, Ill. 60069; phone: (708) 295-5000
Hewitt Associates L.L.C. provides overall development of investment policies/objectives; overall development of appropriate asset allocation; and U.S., global/international, real estate, venture capital, LBO, private investment, derivative and GIC manager selection and 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, record-keeping and administration services, guidance on the hiring of record-keeping service providers and investment education and communications programs for employees. The firm offers non-proprietary mutual funds to 401(k) sponsors.
The firm tracks 27 GIC providers, 2,500 equity mutual funds, 2,000 fixed-income mutual funds and 500 money market mutual funds.
The firm has special expertise in asset liability projections.
Of the 103 tax-exempt clients on retainer, 87 are corporate, seven are public, one is union and eight are foundation or endowment funds. The firm also provided services to 15 non-retainer tax-exempt clients during the past year, of which 12 were corporate, one was public and two were foundation or endowment funds.
There are 18 professional consultants. Fees are payable in both hard and soft dollars.
Tax-exempt retainer clients include Booz, Allen & Hamilton;, Upjohn; Hershey Foods; and Southland.
John Karl is client contact.
A. Foster Higgins & Co. Inc.
212 Carnegie Center, Princeton, N.J. 08543; phone: (609) 520-2276
A. Foster Higgins & Co. Inc., a unit of Johnson & Higgins, provides overall development of investment policies/objectives; overall development of appropriate asset allocation; and U.S., global/international, real estate, derivative and GIC manager selection, performance measurement and additional 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, record-keeping and administration services, guidance on the hiring of record-keeping service providers, investment education and communications programs for employees, evaluation of GICs and alternatives, and investment and insurance company standards. There are six professionals working solely on the needs of 401(k) plans.
The firm tracks 95 GIC providers, 1,860 equity mutual funds, 890 fixed-income mutual funds and 800 money market mutual funds.
The firm has special expertise in savings plan investments, GICs and bundled/unbundled arrangements.
Of the 60 tax-exempt clients on retainer, 35 are corporate, 10 are public, 10 are union and five are foundation or endowment funds. The firm also provided services to 90 non-retainer tax-exempt clients during the past year, of which 50 were corporate, 20 were public, 10 were union and 10 were foundation or endowment funds.
There are 12 professional consultants. Fees are payable in hard dollars.
Michael Rosenthal is client contact.
Houston Caliber Financial
Group
1775 St. James Place, Suite 165, Houston, Texas 77056; phone: (713) 972-7912
Houston Caliber Financial Group, a unit of GS2 Securities Inc., provides overall development of investment policies/objectives; overall development of appropriate asset allocation; U.S. investment and derivative manager selection; U.S., real estate, private investment and derivatives performance measurement; and additional analysis for real estate.
The firm also offers real estate feasibility studies and reports, and litigation support services.
The firm provides advice on the hiring of firms offering specific investment options to 401(k) plan sponsors, and has two professionals working solely on the needs of 401(k) plans. The firm or a subsidiary offers mutual funds to 401(k) sponsors.
The firm has special expertise in real estate analysis, feasibility studies and urban economic reports.
Of the nine tax-exempt clients on retainer, five are corporate, two are public and two are foundation or endowment funds. The firm also provided services to 20 non-retainer tax-exempt clients during the past year, of which 10 were corporate, five were public and five were foundation or endowment funds.
There are five professional consultants. Fees are payable in hard dollars.
Kenneth Eugene Lehrer is client contact.
Institutional Fund
Consultants Inc.
2423 American Lane, Madison, Wis. 53704; phone: (608) 244-3541
Institutional Fund Consultants Inc. provides overall development of investment policies/objectives; overall development of appropriate asset allocation; and U.S. and global/international manager selection, performance measurement and 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, and guidance on the hiring of record-keeping service providers. There are three professionals working solely on the needs of 401(k) plans.
The firm tracks 48 GIC providers, 2,426 equity mutual funds, 2,313 fixed-income mutual funds and 126 money market mutual funds.
The firm has special expertise in investment manager selection and evaluation; manager structure; development of written investment policies and objectives; historical and ongoing performance evaluation services; asset allocation studies; defined contribution and defined benefit plan investment consulting; retainer consulting for institutional clients; master trustee/custodial bank evaluation and selection; and mutual fund consulting.
Of the 18 tax-exempt clients on retainer, 15 are corporate, two are union and one is a foundation or endowment fund. The firm also provided services to four non-retainer tax-exempt clients during the past year, of which three were corporate and one was union.
There are two professional consultants. Fees are payable in hard dollars.
Tax-exempt retainer clients include Bixby Medical Center, Painters District Council No. 6, Skemp Clinic and Sedgwick James.
Gordon L. King is client contact.
Institutional Services
Unlimited Inc.
1285 Avenue of the Americas, New York, N.Y. 10019; phone: (212) 554-4076
Institutional Services Unlimited Inc. provides overall development of investment policies/objectives; overall development of appropriate asset allocation; U.S. and global/international performance measurement and analysis; and private investment and GIC performance measurement.
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; and investment education and communications programs for employees. There is one professional working solely on the needs of
401(k) plans.
The firm has special expertise in commission recapture programs.
The firm provides transaction cost analysis for equities to the investment management industry.
The firm provided services to two public non-retainer tax-exempt clients during the past year.
There are two professional consultants. Fees are payable in hard and soft dollars.
Dee Brodzik is client contact.
