UNSPSC 84121701: Investment advisers

UNSPSC 84121701 Investment advisers (Commodity) covers advisory and portfolio management services that state and local governments procure for their investment portfolios, pension plans, OPEB trusts, and grant-funded capital reserves, grounded in recent solicitations spanning local government investment pools, municipal bond management, retirement plan consulting, fixed-income management, and treasury advisory services.

The issuing-body mix includes state treasurers and comptroller offices, county clerks and finance departments, city treasuries, public higher education institutions (universities and community colleges), public housing authorities, transit authorities, pension funds, and special-purpose authorities managing airport and water district assets. Recent buyers recur across multiple states: the Texas Comptroller of Public Accounts has posted at least three substantial opportunities (TexPool investment management due September 2, 2026; Texas Prepaid Higher Education Tuition Board investment consulting due June 21, 2026; and Texas Strategic Bitcoin Reserve custody and liquidity services due July 10, 2026), and investment advisory solicitations have appeared from Florida jurisdictions including Hillsborough County, the City of Sarasota, Okaloosa County, and the State of Florida Department of Management Services. Geographic activity spans Texas (TexPool, TPHET, Bitcoin Reserve, Wharton County Junior College, Texas Southmost College, Collin County Community College, Integral Care), Florida (Sarasota, Hillsborough County, Okaloosa County, State DMS, West Basin Water District), California (Ontario International Airport Authority), Oregon (Salt Lake City Corporation, City of Salem, Business Oregon), Georgia (Gwinnett County Public Schools, Georgia Housing and Finance Authority, Crisp County), North Carolina (City of Charlotte), and other states represented by single or isolated opportunities.

Representative recent opportunities include the Texas Comptroller's RFP 240L for TexPool and TexPool Prime investment management (joint RFP, due September 2, 2026), requesting portfolio management, cash management, custody, fund accounting, and participant services for approximately $58.4 billion in combined assets across roughly 3,700 local government participants; the City of Sarasota RFP 26-36HR for OPEB Trust Fund investment consulting (RFP, due August 19, 2026), targeting approximately $60 million in health insurance reserves with asset-based fee structures and a one-year term with two optional renewals; Salt Lake City Corporation's RFP SLCI26086 for investment adviser services (RFP, due May 29, 2026), managing approximately $2.2 billion in city and utility assets with five-year contract and tiered fee schedules by assets under management; and the University of Central Florida's ITN2025-15NCSA for fixed income investment management (ITN, due July 24, 2026), deploying approximately $284 million across three operating pools with separately managed mandates. Compensation structures vary widely—flat annual fees, assets-under-management basis-point models, tiered step-rate schedules by asset size, and fixed revenue requirements for bundled services—reflecting the diversity of client size, portfolio complexity, and service scope. Most contracts run one to five years with optional renewals; evaluation typically emphasizes technical qualifications and experience (40–90 percent weighting) over cost.