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 advisor with extensive municipal portfolio experience. Demonstrated expertise in public sector investment policies and regulations. Strong fiduciary track record and discretion in portfolio management. Ability to provide robust compliance, credit analysis, and market risk evaluation. Experience working with cities or other government clients in California.

Investment Advisory Services (Due August 14, 2026)

Overview

Financial, Legal, HR & Staffing

Redwood City, California, United StatesPosted: July 2nd, 2026Deadline: August 14th, 2026

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SUMMARY

The City of Redwood, California seeks a firm to provide comprehensive investment advisory services for its municipal portfolio, with a focus on compliance, risk management, and portfolio 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 in 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

Release of RFP: July 1st, 2026

Deadline for Submission of Questions: July 20th, 2026

Responses to questions posted: July 27th, 2026

Proposals due: August 14th, 2026

Evaluation of proposals completed: September 1st, 2026

Interviews: September 14th-18th, 2026

Agreement finalized: September 31st, 2026

City Council Award of Contract: October 26th, 2026

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 city of Redwood, California is seeking a qualified vendor to provide investment advisory services for its municipal investment portfolio. The selected firm will be responsible for managing the portfolio in a fiduciary capacity with discretionary authority, ensuring compliance with applicable laws and the city's investment policy.

Services will include conducting credit analysis of investment instruments, providing portfolio compliance assurance, assisting with maturity analysis, and developing strategies to mitigate market risk. The advisor will also manage broker and dealer relationships, oversee annual financial reporting for dealers, and maintain a list of approved counterparts. Investment pool management duties require ongoing investigation, periodic questionnaires to monitor pools, and adherence to all relevant regulations. The contract period for these services will be three years.

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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 advisor with extensive municipal portfolio experience
Demonstrated expertise in public sector investment policies and regulations
Strong fiduciary track record and discretion in portfolio management
Ability to provide robust compliance, credit analysis, and market risk evaluation
Experience working with cities or other government clients in California

Analysis generated by Settle AI from the source RFP.

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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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