Winter Park, Fla., hired FiduciaryFirst as the first investment consultant of its 401(a) and 457 plans, said Rene S. Cranis, human resources generalist, in an e-mail.
The consultant will meet with the city’s retirement plan committee quarterly to review plan options and expenses. ICMA-RC is the record keeper of the plans, which have combined assets of $60 million.
The city did not issue an RFP.
