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Board approves new retirement fund advisor after divided vote; one commissioner voices concern
Summary
The board voted to contract with RVK Investment Management to serve as fund advisor and administrator of the county retirement investment portfolio; one commissioner voted no after raising concerns about changing advisors after two decades.
The Tillamook County Board of Commissioners voted May 28 to enter a service agreement with RVK (transcribed as RBK/RFK in the meeting) to provide retirement system fund advisory and administration services, replacing the incumbent advisor effective July 1.
Chief Administrative Officer Rachel Hegarty said the board previously approved a notice of intent to award following a full…
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