Free for nonprofit institutions
A fair, well-run investment advisor search — without the spreadsheet.
RFPFree helps your committee draft the RFP, invite firms, and compare responses side by side. Structured questions, sealed submissions, and a comparison grid that cites its sources and recommends no one.
Private, invite-only searches. Your firms, your timeline, your decision.
A $600M endowment doesn’t need fifteen unsolicited bids. It needs a well-run process among a few firms it has already vetted — asked the same questions, compared on the same terms.
Most searches run on email threads and mismatched PDFs, and the hardest part isn’t collecting responses — it’s comparing them honestly. RFPFree gives the process a spine: the same core questions in every RFP, typed answers instead of prose, and a comparison layer that shows its work.
How it works
Four steps, from blank page to board packet.
- 01
Draft the RFP
A guided intake interview turns what your committee cares about into a complete, professional RFP — with fifteen fixed core questions every serious search should ask, in identical wording every time.
- 02
Invite firms
Send private invitations to the firms your committee already knows and trusts. Each firm answers the same structured questions, so nothing gets lost in a stack of mismatched PDFs.
- 03
Collect responses
Firms submit typed answers and attachments on their own time, with save-and-resume. Submissions stay sealed until your deadline passes — no early looks, for anyone.
- 04
Compare, decide, record
See fees, service models, and terms side by side, every figure linked to its source. The grid never scores or recommends. When you choose, export a board-ready decision record.
What makes it fair
The commitments are the product.
An investment committee acts as a fiduciary. A tool it relies on has to earn that trust in how it’s built, not just what it claims.
Free for organizations, always
Not for the platform, not for the comparison layer, not for the decision record. Organizations never pay. The people running the search are the reason the tool exists.
No scoring. No ranking. No recommendation.
The comparison layer extracts and compares with citations. It will never tell you who to pick. Any output that ranks firms or suggests a choice is a defect, not a feature.
Every figure traces to its source
Each cell in the comparison grid links back to the exact answer it came from. If there is no source, there is no cell. Fee math runs in code, never guessed by a model.
Confidential by construction
Draft searches are invisible outside your organization. Sealed responses are unreadable until the deadline passes, checked against the clock — not the honor system.
Who it’s for
Built for institutions with a fiduciary duty.
If your organization holds an endowment, a reserve, or a pension and answers to a board, RFPFree is built for the way you already run a search.
- Hospital systems
- Universities & colleges
- Private foundations
- Community foundations
- Religious institutions
- Associations & other nonprofits
Run your next advisor search the way a fiduciary should.
Free for your organization, from the first draft to the decision record.