This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/institutional-consulting-big-clients-and-specialized-needs-51555721059 Institutional consulting is itself a specialty business, but it’s becoming even more specialized amid greater demand and mounting competitive pressures. Many people have never heard of institutional consultants, though they play an increasingly important role in the investment-management world. Simply put, institutional consultants are experts who dole out advice to public and private companies, foundations, and endowments via a multitude of services ranging from investment selection to fiduciary responsibilities to market research and investment-manager reviews.