M-07-27 Investment Advisory Services

Bristol Community College ("Bristol or the "College") is seeking proposals from qualified experienced Investment Advisory Firms.

If a vendor is part of a purchasing program under a State or National contract and is offering contract pricing, the contract number must be noted on the proposal for reference.

Firm Information

• Provide a brief overview and history of your firm, including number of years your organization has been providing investment advisory services, and the number and location of offices.
• Briefly describe your current ownership structure and any affiliations or relationships, especially with banks, investment managers, broker-dealers, or administrative services providers.
• Is your firm a registered investment advisor under the Investment Advisors Act of 1940?
• What is your information security policy?

Team Experience

• Who would be responsible for developing and delivering investment advice to our organization? Provide brief biographies, including years of industry experience.
• Include an affirmative statement indicating that your firm acknowledges its fiduciary responsibility on all assigned investments managed on a discretionary basis.
• How do you and your team assist our Board and Finance Committee in meeting their fiduciary responsibilities?

Investment Philosophy and Approach

• Please describe your firm's investment philosophy and process used in your asset allocation/portfolio construction; with a particular focus on non- profit organization or public higher education investment management.
• Discuss your capabilities for evaluating, measuring, and reporting on risk.
• Describe the process you will use to assist us in the maintenance of our investment policy, Board investment risk tolerance levels, reserve philosophy, objectives and guidelines for our funds.

Client Experience, Reporting and Performance

• How often are client reports and updates provided? Please describe and provide a sample copy of your month/quarter end reporting.
• Please describe how your firm handles custody of assets.
• Provide references for three current clients like our organization which we may contact regarding your services.

Sustainable/ESG/SRI/Mission-Aligned Investing

- Describe your capabilities and experience in mission investments, including socially responsible investing, shareholder advocacy and impact investing.

Fees

• Describe the scope of services and cost proposed by your firm for providing investment advisory services. Indicate whether these fees are all inclusive or whether additional expenses may be incurred.
• Please provide a complete fee structure including any fluctuations that would occur with changes in balances.

Conflicts of Interest

• Disclose any potential conflicts of interest, or appearance of conflict, which might arise if you are selected.
• Please provide a copy of the firm's Form ADV, Part 2, and any relevant marketing materials.

Submission

Proposal must be delivered electronically via email in PDF format to Philicia Pacheco, Director of Purchasing and Business Services, Bristol Community College, Philicia.Pacheco@Bristolcc.edu. No faxed responses will be accepted. Proposals will be received until **2:00 p.m. on Thursday, November 12, 2026**. The bid will be publicly opened and read forthwith in Room F103 in the Physical Plant Building.

The following information must be submitted on the attached forms: *Company Contact Information* (Exhibit A), *Non-Collusion Statement* (Exhibit B), and *Tax Compliance Certification* (Exhibit C). Please provide a copy of your W9 form with your proposal.

Contract Term

The initial term of the agreement shall be fifteen (15) months, commencing February 1, 2027, and ending June 30, 2028, with the option to renew for up to four (4) additional one-year terms.

Selection

The Committee reviews and evaluates the RFP responses based on the established selection criteria and a comparison of RFP responses received. If necessary, the committee may request a meeting with one or more of the Providers to clarify and/or expand on the response.

Proposals must be available for acceptance for at least ninety (90) days after the proposal opening date unless otherwise noted in the proposal.