OCIO Search
The growth in the number of OCIO providers has outpaced the ability and time of staff and investment committees to effectively evaluate the OCIO firms and the strategies they offer. The growing list of nationally recognized firms has been accompanied by an increase in the complexity of services offered, and the field has become intensely competitive.
As a result, there are nearly as many product platforms and models as there are providers, with a myriad of pricing options. The benefits offered by OCIO services do not come cheaply, and pricing varies widely.
At this early stage, there is a very important question for you to ask: “Are you equipped to perform the extensive due diligence necessary to select the ideal strategic fiduciary partner for your organization?” The likely answer is “No”, and that’s where Kidderbrook can help.
Based on the thorough due diligence of a premier group of OCIO firms and their capabilities and product offerings, we will guide you through the entire evaluation, search and selection process. The process will begin with a robust discussion to highlight and prioritize the OCIO features and capabilities most important to your organization. Our independence affords us unique inside-access into the industry's top providers, and our complete open-architecture means there is no list of preferred managers. Using this information, we will customize a Request for Proposal (“RFP”) for your approval, and recommend firms to receive the RFP that are best aligned with your organization's interests and needs. Following the receipt of the RFP responses, Kidderbrook will prepare an Executive Summary of the information to be used in a robust discussion to determine which firms will be interviewed as finalists. The Executive Summary is a comprehensive yet concise tool distilling the voluminous RFP responses down to the pertinent data and information. Your Search Committee can expect to receive a document that is filled with data and comparative analysis as well as narratives highlighting the pros and cons of each firm in the consideration set, including recommendations. The search is not data- driven, but is data- informed. The entire process will be fully transparent and documented.
The choice of an OCIO is one of the most important decisions your organization can make. Let us guide you through the truly daunting, time-consuming process.