ClearView was launched in 2014 as a “project” to help executives and board members of small and mid-size foundations, endowments and nonprofit organizations make more informed investment decisions. We began with a dozen “Beta” members that agreed to share their investment portfolio data to facilitate quarterly peer analysis. In early 2016 we launched the ClearView Peer Reporting Portal (an online, password protected system) to include Member organization data as well as data from the Investorforce (now Investment Metrics) Foundation and Endowment Universe.
As relationships with our Members deepened, we concluded that the scope of their needs was beyond our initial vision for ClearView. Members appreciated the access we provided to timely and relevant peer analysis, but they wanted and needed more. As a result, Clearview began to help Members interpret investment data and to identify “best practices” to assist Members in becoming more effective fiduciaries for their organizations. In late 2016, we redefined ClearView as a “member-based, research-focused learning and teaching organization.” This led to the research and educational content that we now provide for all our Members and their Advisers.
In early 2017 our Members began to request assistance with Requests for Proposals (RFPs) for Investment Advisers and Outsourced Chief Investment Officers (“OCIOs”). We agreed to help because of the growing challenges that executives and boards face in this area, and because we believed this could bring deeper learning and context to our broader Membership. We have since provided Adviser/OCIO RFP consulting projects for 21 foundations, endowments and nonprofits.
As of January 2020, the ClearView Fiduciary Alliance includes 55 Member organizations from Florida to New York ranging in size from $1 million to nearly $250 million. Collectively these members represent nearly $1.7 billion in investment assets.