Funston Advisory Services, Bloomfield Hills, Michigan

Bloomfield Hills, Michigan

Bloomfield Hills, Michigan

Funston Advisory Services LLC (FAS) is recognized as one of the nation's preeminent advisors to public retirement systems in the areas of governance, operations and risk intelligence. We are distinguished by the caliber and experience of our team and the quality and pragmatism of our advice. Our approach is based on leading practices, tempered with decades of practical experience based upon what actually works in specific circumstances. We provide solutions to address complex problems which improve system performance.

Increasingly, we are the team that public retirement systems are turning to for help in governance and operational matters. We tailor our teams to each client's needs to ensure their success.

Over the past eight years, FAS has assisted a growing number of public retirement systems and sovereign wealth funds in evaluating their fiduciary performance and identifying governance, regulatory, risk, policy, and operational process improvement priorities.

We wrote the book - literally - on helping public pension trustees better understand their responsibilities, the unique world of public retirement system governance, and how their system compares to leading practices at peer systems. If you are interested in obtaining a copy of "One of a Kind! A Practical Guide for 21st Century Public Pension Trustees," click the book cover below.
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PA SERS Board Approves Policies for...

(09/12/2018) The board of the Pennsylvania State Employees’ Retirement System, during its meeting today, approved several key policies for a comprehensive governance manual and approved the investment policy and default investment option for the defined contribution plan to launch in 2019. The governance manual is the product of a multi-year project to evaluate board structure and policies, as well as industry best practices, and to establish an enhanced framework for the board’s structure, committees, duties, and responsibilities. The board engaged Funston Advisory Services, LLC, to conduct the review and its 2016 report became the basis for the governance manual. The policies adopted today will be effective immediately. To view the press release click here: http://sers.pa.gov/pdf/Press_Releases/2018-09-12-BoardMtgRelease.pdf
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