Services

RVK understands hiring an OCIO provider does not relieve a Board of its fiduciary obligation to review its outsourced investment program. We have observed a growing number of fiduciaries looking for and conducting periodic reviews of their OCIO providers. We have developed a flexible monitoring program that incorporates many elements of our evaluation process and leverages our broader firm resources. 

Sample Scope for Ongoing OCIO Monitoring Project

• Review of the selected OCIO provider to monitor any changes in operations, investment process, or key personnel
• Written due diligence report to the Board of Trustees
• Review of Investment Policy Statement (IPS) document and provider’s compliance
• Independent verification of asset allocation compared to goals and objectives
• Benchmark verification and independent peer group analysis
• Performance and risk review reported by provider
• Independent fee benchmarking analysis