RFP & DDQ Support for Investment Management Firms
Request for Proposals (RFPs) often serve as the first interaction between an investment management firm and prospective institutional investors, consultants, pension funds, endowments, and foundations. Dier Associates helps asset managers create accurate, compelling, and client-focused RFP responses that clearly communicate investment philosophy, organizational strengths, and competitive advantages.
Common RFP Challenges
Many investment managers face challenges when responding to RFPs, including:
- Organizing performance and portfolio data
- Meeting tight submission deadlines
- Limited internal resources
- Maintaining consistent responses
- Updating consultant database profiles
- Managing DDQ requirements
Our team helps streamline the process while improving the quality and consistency of responses.
Our RFP & DDQ Support Services
- RFP Response Development
- DDQ Completion & Management
- Consultant Database Support
- eVestment Narrative Updates
- Standard RFP Response Libraries
- Finals Presentation Coaching
- Compliance Coordination
- Prospect Meeting Preparation
- When we receive the RFP we'll review the questions and other RFP requirements. We will set up a kick-off call if it's part of the manager's process. Otherwise, we set and communicate deadlines for
1) Populating initial RFP responses
2)Sending questions to Subject Matter Experts (SMEs) if answers are not otherwise available
3) Marketing/Sales/Compliance reviews
4) Final manager review and submission.
5) Incorporating Compliance comments - When we complete the first draft of the RFP and send it to the manager for review, our goal is to have it be as complete as possible based on the manager's library of answers and, if necessary, new answers from (SMEs)
- We incorporate first draft edits and comments and send the second draft to Compliance.
- We incorporate Compliance comments, finalize, and send it to the manager for submission.
Our Process
- RFP Response Development
- DDQ Completion & Management
- Consultant Database Support
- eVestment Narrative Updates
- Standard RFP Response Libraries
- Finals Presentation Coaching
- Compliance Coordination
- Prospect Meeting Preparation
Why Choose Dier Associates
- Over 20 years of investment management industry experience
- Expertise with RFPs, DDQs, and consultant databases
- Extension of your marketing and business development team
- Support across multiple asset classes and investment strategies
Frequently Asked Questions
An RFP is a formal questionnaire used by institutional investors and consultants to evaluate investment managers.
A Due Diligence Questionnaire (DDQ) helps investors assess a firm's operations, compliance, investment process, and risk controls.
Yes. We assist with database narratives, profile updates, and ongoing maintenance.