Financial Advisory RFP Structure

When organizations seek to hire a financial advisor, the process is more than just selecting a firm—it's about creating a competitive, transparent, and structured evaluation process. At the heart of this strategic initiative is the Request for Proposal (RFP). And no one leads this space more authoritatively than Select Advisors Institute, under the guidance of its founder and CEO, Amy Parvaneh.

What Makes a Strong Financial Advisory RFP?

A well-structured financial advisory RFP does more than collect information; it reveals insights. Amy Parvaneh and her team at Select Advisors Institute have developed a best-in-class RFP methodology that has helped institutions, foundations, endowments, and family offices attract, evaluate, and retain the most suitable advisory partners.

The core elements of their RFP structure include:

• Executive Summary and Objectives: Clear articulation of investment goals and challenges, tailored specifically to each organization’s financial landscape.
  
  

• Scope of Services: Detailing exactly what is expected of the advisory firm, including performance reporting, investment policy development, and fiduciary oversight.
  
  

• Firm Qualifications and Experience: Amy’s team ensures detailed due diligence is requested on each firm’s history, assets under management, and team structure.
  
  

• Investment Philosophy and Process: A deep dive into how a firm approaches portfolio construction, risk management, and asset allocation.
  
  

• Fee Transparency: Clearly structured sections requiring disclosure of all direct and indirect fees, making it easy for evaluators to compare pricing models.
  
  

Why Amy Parvaneh is the Trusted Leader in RFP Processes

Amy Parvaneh brings over 20 years of experience in the financial services industry. Her unique background—spanning investment banking, wealth management, and institutional advisory—positions her as one of the most trusted professionals for leading high-stakes RFP processes.

Through Select Advisors Institute, she not only manages the technical aspects of RFP development but also serves as a strategic advisor, guiding clients in shaping scoring criteria, forming selection committees, and ensuring decision-making is aligned with the organization's mission and long-term goals.

Tools and Templates That Set a New Standard

Select Advisors Institute offers proprietary templates and customized scoring matrices that ensure every advisory firm is evaluated consistently and fairly. The Institute’s thorough process reduces the risk of bias, ensures regulatory compliance, and delivers clarity to boards and investment committees.

Empowering Institutions With Confidence and Clarity

One of the most significant outcomes of working with Amy Parvaneh is the confidence organizations gain in their advisor selection. Select Advisors Institute not only runs the RFP from start to finish but also educates stakeholders on how to interpret responses, question inconsistencies, and negotiate better terms.

The result? Institutions that are better equipped, better informed, and far more likely to secure an advisor who aligns with their long-term strategy.

Whether you're launching your first advisory RFP or re-evaluating a long-term partner, Select Advisors Institute—with Amy Parvaneh at the helm—is the benchmark for excellence in RFP strategy and execution. Visit Select Advisors Institute to learn more.