An Introduction to Investment Advisers for State and Local Governments
This publication aims to help government officials with selecting, monitoring, and evaluating investment advisers. It also provides guidance for drafting investment advisory agreements that formalize and enable such engagements. Included with this publication are a sample investment advisory agreement and a sample request for proposals to help you improve how you connect with an investment adviser.
Please note that no part of this publication is intended as a substitute for proper legal advice. Legal counsel should be involved in the development, execution, and review of all legally binding agreements.