Investment Advisory Services and Municiple Financial Products Advisory Services

The City of Waco, Texas is seeking qualified firms to provide professional advisory services in two distinct but complementary service areas: Investment Advisory Services under the Texas Public Funds Investment Act and Municipal Financial Products (MFP) Advisory Services. The selected advisor will provide comprehensive oversight, independent analysis, and quarterly reporting on all investment activities. The MFP advisor will provide specialized investment structuring, hedging, and optimization strategies related to debt-related funds, construction funds, and operational risk management. Some key responsibilities include: • Providing investment strategy and policy development • Conducting independent due diligence on proposed investments • Monitoring ongoing creditworthiness and risk characteristics of existing portfolio holdings • Evaluating and recommending qualified broker-dealers and financial institutions • Providing quarterly investment reports and ad hoc reports and analysis as requested • Maintaining a robust cyber-security program and demonstrating business continuity capabilities • Providing independent advisory services for interest rate swaps and derivative transactions • Integrating hedging strategies with debt service schedules and budgetary requirements • Leveraging multiple trading desks and counterparties to ensure best execution on swap and derivative transactions • Seeking best execution and competitive commission structures with counterparties • Maintaining robust compliance programs for complex financial products