Raleigh, N.C., hired Cammack Retirement Group as investment consultant of its 401(a) and 457 plans, said John Boyette, city spokesman, in an email.
The city issued an RFP in October for an investment consultant for the 401(a) money purchase plan and 457 deferred pay plan, which have combined assets of $149 million.
There were no other finalists. Investment Research and Advisory Group was the incumbent and did rebid for the services.
