Cemetery Endowment Fund Investment Advisory Services

The City of Colorado Springs is seeking a SEC‑registered investment adviser to provide full discretionary portfolio‑management services for its Cemetery Endowment Fund (≈ $14.4 million). The adviser will review and refine investment policy, select and monitor external managers, meet a minimum 6 % average annual total‑return target, and deliver extensive monthly and semi‑annual reporting in compliance with GASB standards. The contract is firm‑fixed‑price, base year with up to four one‑year extensions, and the award will be made in November 2026 with work beginning 1 Dec 2026. • Scope includes policy review, discretionary asset management, manager selection, risk‑return monitoring, and regular performance reporting. • Must be SEC‑ and Colorado‑registered, independent of brokerage activities, and comply with the Colorado Public Funds Investment Act. • Deliverables: monthly detailed portfolio reports, GASB‑compliant data for the City’s financial statements, and semi‑annual presentations to City staff/elected officials.