Kern County, Bakersfield, Calif., is searching for the first investment consultant for its $679 million 457 plan.
The county issued an RFP after its deferred compensation advisory board decided it would be prudent to hire an investment consultant given the significant growth in the asset size of the plan in recent years, said Chase Nunneley, the county's assistant treasurer and tax collector, in an email.
The RFP is available on the county's website. Proposals are due by 11 a.m. PDT on July 7. A timeline for a selection has yet to be determined.