Wisconsin College Savings Program Board, Madison, is searching for an investment consultant for its two 529 plans, said an RFP posted on the state's procurement website.
The board, which oversees the Edvest and Tomorrow's Scholar programs that have $4.7 billion in total assets, has issued the RFP for a firm to provide regular investment advisory services, including a review of investment benchmarks and performance related to those benchmarks. Whether current consultant Callan is eligible to rebid could not be immediately learned.
The RFP is available on the state's procurement website. Registration is required. Proposals are due at 2 p.m. CDT on June 19. A timeline for a decision was not provided.
James DiUlio, program director, referred questions to Amber Rademacher, procurement specialist, who could not be immediately reached to provide further information.
