When endowments, foundations, nonprofits, and other institutional-level clients need investment advisory or management services, they typically issue a request for proposal (RFP). Perhaps you've noticed that more RFPs seem to be crossing your desk? If so, you're not alone. Here at Commonwealth, we’ve seen an upward trend in the number of advisors being asked to participate in RFPs for nonprofits that support local communities. Why the uptick?
