Investment Advisory Services

Overview

Financial, Legal, HR & Staffing

Bell, California, United StatesPosted about 1 month agoDeadline: May 1st, 2026

Fit Score

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SUMMARY

The City of Bell, California seeks investment advisory services for non-discretionary management, strategy development, and reporting on its investment portfolio for a one-year term.

KEY REQUIREMENTS

Must be a registered investment advisor under the Investment Advisor's Act of 1940
Must provide three copies of the proposal
Must have experience managing public funds and governmental entities
Must provide proof of insurance coverage including general liability, automobile liability, professional liability, and workers' compensation
Must provide at least five client references for similar services
Must submit proposal by the specified deadline
Must comply with all federal and state of California laws and ordinances

BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION

36 months

TIMELINE

RFP Issued: April 1st, 2026

Request for Information Deadline: April 17th, 2026

City Responses to Questions: April 21st, 2026

RFP Due Date: May 1st, 2026

Oral Interviews: May 6th – May 8th, 2026

Award Date: June 3rd, 2026

Start Date: July 1st, 2026

QUESTION DEADLINE

April 17th, 2026

Issuing Agency

City Of Bell

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DESCRIPTION

The City of Bell, California is seeking a qualified vendor to provide investment advisory services for the full-time, non-discretionary management of the city’s investment portfolio. The selected advisor will assist in developing and implementing investment strategies and policies, ensuring the preservation of principal while optimizing portfolio performance and quality within the city's established guidelines and cash flow requirements.

Key responsibilities include coordinating investment trades, security delivery, and fund availability, as well as assisting with trade settlement, conducting market research, and performing yield curve analysis. Due diligence on brokers and financial institutions, along with ongoing monitoring of creditworthiness, are required. The advisor will report regularly on portfolio activity, earnings, and adopt GAAP and GASB true-value accounting methods.

The advisor will also act as a resource for city staff, providing guidance, advice, and training related to portfolio management and city policies. Objective, third-party advice to the Finance Director is expected, supporting well-informed decision-making for the city’s operating portfolio. Risk control consultations and the provision of monthly statements on investment activities and portfolio value are also part of the scope. The contract will run for one year.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.