Knoxville (Tenn.) Deferred Compensation Plan hired SageView Advisory Group as investment consultant, said Kristi Paczkowski, member of the deferred compensation committee and executive director of the $600 million Knoxville City Employees' Pension Fund.
The $49 million 457 plan issued an RFP in September to follow best practices in putting the services up for bid every five years, Ms. Paczkowski said at the time.
The other finalist was Trust Co. of Tennessee. Incumbent consultant Raymond James did rebid for the services.
