LCG began offering implemented consulting or “OCIO” services in 2012 to accommodate clients seeking a more streamlined, dynamic investment process and program. LCG offers a fully-customized, open architecture approach to implemented consulting services. We believe this is the most effective method for adding value via manager selection and facilitating a process that works best for clients. Structuring OCIO relationships in this manner also ensures LCG’s interests are aligned with our clients’. We also believe this provides a more flexible and tailored solution as opposed to a turnkey approach that focuses on asset gathering.
Below is how LCG’s implemented consulting services compare to non-discretionary services:
Type of Consulting Relationship
LCG’s Services Provided
Delegate control Sets investment guidelines, restrictions
Retain control Sets & executes investment guidelines, etc.
Support Investment Committee / Staff Execute on Staff’s behalf
Support Investment Committee / Staff