Independent Investment Advisory, Compliance Review, and Reporting Services

The City of Coronado is seeking a qualified, independent investment advisory firm to provide professional, non‑discretionary services that measure portfolio performance, ensure compliance with the City’s Investment Policy, and deliver regular reporting for its institutional investment portfolio. The consultant will act in a fiduciary capacity, remain independent of investment managers or custodians, and must meet strict insurance and conflict‑of‑interest requirements. The contract is a fixed‑fee professional‑services agreement with a three‑year base term and up to two one‑year extensions. • Conduct quarterly (or semi‑annual) performance measurement, attribution analysis, and benchmark comparison for the City’s investment portfolio. • Perform quarterly compliance reviews to verify adherence to the City’s Investment Policy and applicable state statutes, documenting any exceptions. • Prepare and deliver detailed performance and compliance reports (PDF/Excel) and present findings to City management and, when requested, the governing body. • Provide a dedicated lead consultant and qualified staff, submit monthly status reports, and maintain required insurance, indemnification, and record‑retention standards. • Submit a fixed‑annual fee proposal (options for quarterly versus semi‑annual performance reporting) and comply with all procurement submission requirements via PlanetBids.