Ibbotson Associates
225 N. Michigan Ave., Suite 700, Chicago, IL 60601; phone: (312) 616-1620; fax: (312) 616-0404; www.ibbotson.com
Ibbotson Associates provides overall development of appropriate asset allocation. It provides manager selections, performance measurement and additional analysis for U.S. investments. Additional analysis is also available for global/international and GIC investment.
For 401(k) plans, the firm provides advice on investment options and investment advice to plan participants. Three professionals work solely on the needs of 401(k) plans.
The firm tracks 2,000 equity mutual funds and 1,300 fixed-income mutual funds.
The firm has special expertise in asset allocation, historical market returns and model portfolios.
The firm provides training, software, presentation materials, risk tolerance and portfolio construction consulting, and style analysis of mutual funds to the investment management industry.
The firm provided services to four nonretainer tax-exempt clients during the past year.
There are 15 professional consultants. Fees are payable in hard dollars.
John Swift is client contact.
International Investment Group Inc.
17 Madison Ave., Port Chester, NY 10573; phone: (914) 939-1543; fax: (914) 939-2785
International Investment Group provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S., global/international and derivatives; performance measurement and additional analysis for private investment and GIC investments; and historical simulation.
For 401(k) plans, the firm provides advice on the hiring of firms offering specific investment options.
The firm tracks 152 equity mutual funds and 12 money market mutual funds.
The firm has special expertise in the employment of nonlinear, parametric optimization in portfolio management.
The firm provides enhanced indexing, portfolio optimization, specific-style optimization, asset allocation, covered index option hedging and overwriting to the investment management industry.
Of the five tax-exempt clients on retainer, two are corporate and three are foundation or endowment funds. The firm also provided services to two nonretainer tax-exempt foundation/endowment clients during the past year.
There are 10 professional consultants. Fees are payable in both hard and soft dollars.
The firm provides the following investment vehicles: enhanced indexing, equity asset optimization, portfolio optimization for any specific style, covered index option hedging and overwriting.
Kurt G. Hiebaum is client contact.
Investment Consulting Group Inc.
217 E. Second St., Davenport, IA 52801; phone: (319) 322-2322
Investment Consulting Group provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S. investments.
For 401(k) plans, the firm provides investment education/communications for employees; advice on investment options to offer employees; guidance on hiring record keepers; and advice on the hiring of firms offering specific investment options. Three professionals work solely on the needs of 401(k) plans.
The firm tracks 5,200 equity mutual funds and 3,700 fixed-income mutual funds.
The firm has special expertise in certified investment management analysis. Of the 46 tax-exempt clients on retainer, 31 are corporate, five are public, seven are union and three are foundation or endowment funds.
There is one professional consultant. Fees are payable in hard dollars.
Donald R. Stanforth is client contact.
Investment Performance Services Inc.
7402 Hodgson Memorial Blvd., Suite 100, Savannah, GA 31416;
phone: (912) 352-2862; fax: (912) 355-6866
Investment Performance Services provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S., global/international, derivatives, private investment and GIC investments; and performance measurement for venture capital.
For 401(k) plans, the firm provides advice on investment options to offer employees; guidance on hiring record keepers; and advice on the hiring of firms offering specific investment options. Three professionals work solely on the needs of 401(k) plans.
The firm has special expertise in defined benefit plan investment consulting, including compliance and custodial monitoring services.
Of the 90 tax-exempt clients on retainer, one is corporate and 89 are union.
There are eight professional consultants. Fees are payable in both hard and soft dollars.
Mitchell J. Green is client contact.
Johnston, Dragon & Associates
301 N. Harrison St., Suite 68, Princeton, NJ 08540; phone: (609) 497-1616
Johnston, Dragon & Associates provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S., global/international, derivatives and GIC investments.
For 401(k) plans, the firm provides advice on investment options to offer employees; guidance on hiring record keepers; and advice on the hiring of firms offering specific investment options.
The firm tracks 2,300 equity mutual funds and 1,300 fixed-income mutual funds.
Of the 12 tax-exempt clients on retainer, six are corporate and six are union. There are three professional consultants. Fees are payable in both hard and soft dollars.
Kalson & Associates
27 Blacksmith Road, Suite 201, P.O. Box 1300, Newtown, PA 18940; phone: (215) 968-6851; fax: (215) 968-6605
Kalson & Associates provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S. and global/international consulting; and manger selection and performance measurement services for derivatives consulting.
For 401(k) plans, the firm provides investment education/communications for employees; advice on investment options to offer employees; guidance on hiring record keepers; and advice on the hiring of firms offering specific investment options.
The firm tracks equity mutual funds and fixed-income mutual funds for the entire Morningstar universe, and approximately 12 GIC providers.
The firm has special expertise in U.S. equities and bonds and international equities.
Of the 12 tax-exempt clients on retainer, six are corporate, three are public and three are foundation or endowment funds. The firm also provided services to three nonretainer tax-exempt clients during the past year, of which one was public, one was union and one was a foundation/endowment fund.
There are three professional consultants. Fees are payable in hard dollars.
Tax-exempt retainer clients include City of Orlando (Fla.) Police, Firefighters and General Employees' Pension Plans; Employees Retirement System of Puerto Rico Power Authority; Eastern Band of Cherokee Indians; and Choice Hotels.
Grant D. Kalson is client contact.
Ronald A. Karp Associates
47 Maple St., Summit, NJ 07901; phone: (908) 522-1414; fax: (908) 522-1447
Ronald A. Karp Associates provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S., global/international, venture capital, LBO, derivatives, private investment and GIC investments.
For 401(k) plans, the firm provides advice on investment options to offer employees; guidance on hiring record keepers; and advice on the hiring of firms offering specific investment options.
The firm tracks 6,000 equity mutual funds and 1,000 fixed-income mutual funds.
The firm has special expertise in alternative asset classes (including real estate, distressed securities and hedge funds).
Of the 13 tax-exempt clients on retainer, seven are corporate, four are public and two are union. The firm also provided services to 13 nonretainer tax-exempt clients during the past year, of which 10 were corporate and three were public.
There are three professional consultants. Fees are payable in hard dollars.
The firm offers private partnerships targeted to high-net-worth investors as investment vehicles.
Tax-exempt clients include: Los Angeles Fire and Police Pension System, Southco Inc., International Longshoremen of Savannah and Kaiser Permanente Medical Group.
Ron Karp is client contact.
KPMG Investment Consulting Group
345 Park Ave., New York, NY 10154; phone: (212) 872-7939; fax: (212) 872-3318; www.us.kpmg.com
KPMG Investment Consulting Group, a unit of KPMG Peat Marwick LLP, provides overall development of investment policies/objectives and asset allocation. It provides manager selections and performance measurement for U.S., global/international, venture capital, LBO, derivatives, private investments and GIC investments.
For 401(k) plans, the firm provides investment education/communications for employees; advice on investment options to offer employees; guidance on hiring record keepers; and advice on the hiring of firms offering specific investment options. It has 22 professionals working solely on the needs of 401(k) plans.
The firm tracks 3,000 equity mutual funds, 3,000 fixed-income mutual funds, 2,000 money market mutual funds and 30 GIC providers.
The firm has special expertise in asset allocation, drafting investment policies, mutual fund and manager selection and performance monitoring.
Of the 90 tax-exempt clients on retainer, 63 are corporate, 13 are public, two are union and 12 are foundation or endowment funds. The firm also provided services to 120 nonretainer tax-exempt clients during the past year, of which 71 were corporate, 27 were public, three were union and 19 were foundation or endowment funds.
There are 18 professional consultants. Fees are payable in hard dollars.
Neil Wolfson is client contact.
R.V. Kuhns & Associates
1211 S.W. Fifth Ave., Suite 2850, Portland, OR 97204-3728; phone: (503) 221-4200; fax: (503) 294-1409
R.V.Kuhns & Associates provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S., global/international, venture capital, LBO, derivatives, private investment and GIC investments; and asset liability modeling.
For 401(k) plans, the firm provides investment education/communications for employees; advice on which investment options to offer employees; guidance on hiring record keepers; and advice on the hiring of firms offering specific investment options. It has two consultants working solely on the needs of 401(k) plans.
The firm has special expertise in strategic planning/asset allocation and liability modeling, manager research and performance measurement with peer group rankings.
Of the 131 tax-exempt clients on retainer, 47 are corporate, nine are public, 44 are union and 31 are foundation or endowment funds. The firm also provided services to two nonretainer tax-exempt public clients during the past year.
There are six professional consultants. Fees are payable in hard dollars.
Tax-exempt retainer clients include Colorado Public Employees Retirement Association, Meyer Memorial Trust, Oklahoma State Pension Commission, and Southern California UFCW Unions and Food Employers' Joint Pension Trust Fund.
Jodie Willson is client contact.
LCG Associates Inc.
100 Galleria Parkway, Suite 1200, Atlanta, GA 30339; phone: (770) 644-0100; fax: (770) 644-0105
LCG Associates provides overall development of investment policies/objectives and asset allocation. It provides manager selections, performance measurement and additional analysis for U.S., global/international, venture capital, private investment and GIC investments.
For 401(k) plans, the firm provides advice on investment options to offer employees, guidance on hiring record keepers and advice on the hiring of firms offering specific investment options.
The firm tracks 5,846 equity mutual funds, 3,717 fixed-income mutual funds, 1,281 money market mutual funds and 30 GIC providers.
The firm has special expertise in asset allocation analysis and modeling, asset/liability analysis, foundation/endowment spending modeling and nuclear decommission trust consulting.
Of the 78 tax-exempt clients on retainer, 45 are corporate, one is public, two are union and 30 are foundation or endowment funds. The firm also provided services to two nonretainer tax-exempt corporate clients during the past year.
There are 12 professional consultants. Fees are payable in hard dollars.
Tax-exempt retainer clients include Aegon U.S.A., Houston Industries, Nissan Motor Manufacturing Corp. U.S.A. and Service Corp. International.
Edward F. Johnson is client contact.
Lehrer Financial and Economic Advisory Services
1775 St. James Place, Suite 110, Houston, TX 77056; phone: (713) 972-7912; fax: (713) 964-0444; www.lehecoserv.com
Lehrer Financial and Economic Advisory Services provides overall development of investment policies/objectives and asset allocation. It provides manager selections for U.S., venture capital, LBO, private investment and real estate.
For 401(k) plans, the firm provides investment education/communications for employees; advice on investment options to offer employees; and real estate analysis. It has two professionals working solely on the needs of 401(k) plans.
The firm has special expertise in real estate advisory services to pension funds.
The firm provides special services in real estate investment and analysis to the investment management industry.
Of the two tax-exempt clients on retainer, one is public and one is a foundation or endowment fund. The firm also provided services to 15 nonretainer tax-exempt clients during the past year, of which six were corporate, five were public and four were foundation or endowment funds.
There are four professional consultants. Fees are payable in hard dollars.
Tax-exempt retainer clients include the University of Houston.
Kenneth Eugene Lehrer is client contact.
