When is the submission deadline?

Submissions are due August 14, 2026. Questions must be submitted by July 20, 2026.

It was issued by City Of Redwood City. The work is located in Redwood City, California, United States.

Who is a good fit for this opportunity?

Registered investment advisory firm with municipal portfolio experience. Firms with knowledge of California government regulations and investment policies. Proven track record in portfolio management and fiduciary services. Ability to provide comprehensive reporting and attend key stakeholder meetings. Experienced in risk evaluation and development of strategic investment solutions.

Investment Advisory Services (Due August 14, 2026)

Overview

Financial, Legal, HR & Staffing

Redwood City, California, United StatesPosted: July 1st, 2026Deadline: August 14th, 2026

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SUMMARY

Redwood, California seeks an investment advisory firm to manage and report on a portion of its municipal portfolio, ensuring compliance and strategic oversight.

KEY REQUIREMENTS

Must be a registered investment adviser as defined and regulated by the SEC
Must share the City's fiduciary duty and not act as a broker/dealer
Must have a minimum of five years of experience providing investment advisory services to public agencies
Must be independent of any financial institution or securities brokerage firm or fully disclose any relationships
Must have a minimum of $5 million coverage in professional liability/errors and omissions insurance
Must have a minimum of $2 million Commercial General Liability Insurance
Must have a minimum of $1 million Worker's Compensation/Employer's Liability Insurance
Must have no record of unsatisfactory performance with the SEC or any federal or state agency
Must obtain a City of Redwood City Business License prior to performance of services

CONTRACT DURATION

36 months

TIMELINE

July 1st, 2026: Release of RFP

July 20th, 2026: Deadline for Submission of Questions

July 27th, 2026: Responses to questions sent to recipients of RFP & posted on City website

August 14th, 2026: Proposals due by 5:00 p.m.

September 1st, 2026: Evaluation of proposals completed

September 14th-18th, 2026: Interviews

September 31st, 2026: Agreement finalized

October 26th, 2026: City Council Award of Contract

QUESTION DEADLINE

July 20th, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

City Of Redwood City

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DESCRIPTION

The government authority in Redwood, California is seeking a qualified vendor to provide comprehensive investment advisory services. The selected firm will assume management of a portion of the municipal investment portfolio and will operate in a fiduciary capacity with discretionary authority.

Responsibilities include executing trades in compliance with all relevant laws and the city's investment policy, ensuring the portfolio's continued compliance and providing credit analysis for investment instruments held. The provider will deliver detailed monthly and quarterly reports covering holdings, portfolio composition, sector analysis, returns, weighted average maturity, duration, and transaction activity.

Additionally, the advisor is expected to attend quarterly meetings with city staff, participate in meetings with the council finance and audit sub-committee, and attend city council meetings as necessary. The firm will also evaluate market risk and propose strategies to minimize its impact on the overall portfolio.

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Frequently asked questions

When is the submission deadline?: Submissions are due August 14, 2026. Questions must be submitted by July 20, 2026.
Who issued this RFP?: It was issued by City Of Redwood City. The work is located in Redwood City, California, United States.
Who is a good fit for this opportunity?: Registered investment advisory firm with municipal portfolio experience
Firms with knowledge of California government regulations and investment policies
Proven track record in portfolio management and fiduciary services
Ability to provide comprehensive reporting and attend key stakeholder meetings
Experienced in risk evaluation and development of strategic investment solutions

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Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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