Coatesville, Pa., hired InR Advisory Services as investment consultant for its police, fire and non-uniform pension funds, said John Marcarelli, director of finance, in an e-mail.
An RFP was issued in October for due diligence purposes.
The incumbent firm, MassMutual Retirement Services, did not rebid, the award recommendation letter states.
The pension funds have approximately $14.5 million in combined assets