What are the right questions to ask an investment manager candidate?

investment-manager-rfp.jpgA trustee has a duty to act prudently in the (1) identification, (2) delegation, and (3) ongoing monitoring of the trust's investment manager (agent). It is important that the terms of the delegation be established at the beginning of the relationship. By following the model of this sample RFP, the trustee will document the rationale for the initial delegation.

This sample RFP will help you:

  1. Identify the 27 important questions that every prudent trustee will ask.
  2. Create the record that you acted thoughtfully in the manager selection.
  3. Establish the basis for ongoing monitoring of the manager's activities.