Brazosport College Ionwave #2026.03

Financial Advisory, Funds Management, and Brokerage Services for Brazosport College Endowment

Brazosport College in Lake Jackson, Texas, is seeking proposals for professional financial services to manage its endowment funds exceeding $8.39 million. - Government Buyer: - Brazosport College (Purchasing Manager: Cara Green) - Services Requested: - Financial advisory services for endowment funds - Funds management services, including investment strategy and compliance with college policies and Texas law - Brokerage services for executing investment transactions - Quarterly written reports to the Board of Regents - Secure online and paper access to investment information for college staff and external auditors - Attendance at public meetings to present investment performance - Notable Requirements: - Conservative investment strategy in line with the college's Investment Policy (CAK) - Excludes bond underwriting services - Compliance with Texas state laws on conflicts of interest, criminal history, and anti-discrimination certifications - Insurance coverage required for onsite services - Proposals must include executive summaries, service approach, fee schedules, key personnel qualifications, references, and required forms (insurance, W-9, Conflict of Interest Questionnaire, Felony Conviction Notification, Non-Collusive Certificate) - Contract Details: - Initial term of two years, with up to two two-year extensions possible - Services may begin as early as September 1, 2026 - Evaluation Criteria: - Price, reputation, credentials, and proposal quality

Description

Brazosport College is soliciting proposals for financial advisory, funds management, and brokerage services. The selected firm will manage endowment funds exceeding $8.39 million, following a conservative investment strategy in compliance with applicable laws and college policies. Services include investment management, quarterly reporting to the Board of Regents, and providing access to investment information. The contract is intended for a minimum of two years with possible extensions, starting September 1, 2026.

View original listing