Mountain View, Calif., hired NFP Retirement as investment consultant for its $112 million 457 plan and a new 401(a) plan, said Rebecca Wolfe, the city's senior human resources analyst, in an email.
The city issued an RFP in September for its first investment consultant to assist the city with establishing an investment policy, implementing the 401(a) plan and provide ongoing consulting services.
The other finalist was Hyas Group.
NFP also will act as investment consultant for the city's $10 million retirement health savings plan.