Investment Advisory and Reporting Services for Trust Funds and Capital Reserves

The City of Keene is seeking investment advisory and reporting services for its trust funds and capital reserves. The selected advisor will be responsible for managing the investments of the city's trust and capital reserve funds, including recommending procedural changes, investment selection, and disposition in accordance with the laws of the State of New Hampshire and the investment policies and procedures established by the city. The city has 16 capital reserve funds with a market value of almost $13 million and 46 individual trusts with a total market value in excess of $10 million. The advisor should have a demonstrated track record of generating superior returns on a risk-adjusted basis. • The city is seeking a highly experienced advisor with expertise in managing investments for municipal trust and capital reserve funds. • The advisor will be required to provide comprehensive cash management, reporting, and investment advisory services. • The city expects its advisor to have a strong understanding of the laws and regulations governing municipal investments in the State of New Hampshire. • The selected advisor will be expected to work closely with the city's finance department and trustees to ensure that the investment objectives are met.