A division of Ontario’s Ministry of the Attorney General is looking for an investment dealer to service about 7,000 accounts.

The Public Guardian and Trustee for Ontario (OPGT) has issued a request for proposal (RFP) seeking the services of an investment dealer “to manage the registered and other investment accounts of clients that must be held with an investment dealer.”

The OPGT indicates that it has almost 12,000 clients, with 5,600 of these clients holding around 7,000 accounts at investment dealers. The RFP indicates that it is looking for a firm to provide various services including: account servicing, order execution, and account management; electronic reporting of asset positions, cash balances and transactions for import into the OPGT accounting system; and, account statement and tax reporting and other account servicing such as research on physical securities.

The deadline for bids is September 15.