Pinellas Park, Fla., hired SageView Advisory Group as the first investment consultant for its $21 million 457 plan, said Kelly Schrader, city finance administrator, in an email.
The city issued an RFP in April for its first investment consultant to assist in the ongoing evaluation of investment options provided by record keepers MissionSquare Retirement and Nationwide Financial.
Ms. Schrader said the hiring is pending contract negotiations. The other finalists were AndCo Consulting and Burgess Chambers & Associates.
