NBFRET Hired Merrill Lynch following an eRFP on InHub
“The NBFRET committee agreed that all final candidates would have served the Trust assets well. However, they selected [the PSP Group of] Merrill Lynch for three reasons:
·Fees were considerably lower.
·Administrative support of the accounts necessary was minimal.
The goal is to have the investments transferred to Merrill Lynch by September 30, 2017.” said Amy Quiggins, Director of National Blood Foundation, in an email. “Utilizing InHub for the process management [of the RFP] was critical…committee and staff were very pleased with the eRFP tool.”