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InHub Launches eRFP Technology to Modernize the Request for Proposal Process for Institutional Investors


April 21, 2014 - Chicago, IL

CHICAGO, IL--(Marketwired - April 21, 2014) -

  • Proprietary eRFP technology helps institutional investors and investment advisors navigate the lengthy Request for Proposal (RFP) process with prudence and ease.
  • Fiduciaries can easily invite qualified advisor candidates to their eRFP by searching InHub's exclusive online community of vetted, institutionally focused advisors.
  • A list of recommended eRFP questions is provided, saving fiduciaries significant time.

InHub LLC, an innovation firm in the institutional investment space, today launched eRFP, the first web-based technology that guides institutional investors through the cumbersome advisor selection process.

eRFP helps investment committees of foundations, endowments, and retirement plans, find qualified investment advisors, evaluate proposals online, select the winning advisor, and document the entire process. InHub's proprietary technology offers an efficient step-by-step process with an intuitive interface, varying levels of customization, committee collaboration and is also tablet friendly.

"With our new eRFP technology we aim to modernize the current, archaic Request for Proposal process," said Kent Costello and Ariana Amplo, Co-Founders of InHub. "As former institutional investment consultants ourselves, we know how labor intensive and time consuming this process can be. Our goal is to help fiduciaries find specialist advisors while providing a system for a streamlined due diligence process."

Qualified investment advisors are vetted prior to joining the online network to ensure their focus on the institutional investor space. Advisors only pay a referral fee to InHub after they are hired, with no upfront cost to be on the platform or participate in an RFP.

Initial response to InHub's eRFP technology has been strong amongst both the fiduciary and advisor community. Tom Strieker, Director of Benefits and Compensation of Dot Foods, Inc, has said, "As fiduciaries, we know how important it is to periodically reevaluate our retirement plan advisor, but until InHub it has been difficult to find someone to help us navigate the process objectively and efficiently." Jeff Gratton, the Chief Marketing Officer of SageView Advisory Group, added, "Differentiation and finding new opportunities are two major issues we face every day. InHub helps solve both. We look forward to being a part of an exclusive community of like-minded advisors." 

About InHub LLC

InHub LLC is an innovation firm that helps institutional investors search and hire advisors. Located in Chicago, InHub's proprietary eRFP technology guides institutional investors through the proposal process with greater efficiency. Contact info@theinhub.com to learn more about conducting an eRFP or to apply to InHub's exclusive Advisor network or visit www.theinhub.com.

Press Contact:

FiComm Partners
Jacqueline Silva
(212) 626-6532
jacqueline.silva@ficommpartners.com

MarketWire

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