This bid is for custodial banking and securities safekeeping services for an investment portfolio based at 901 N. 9th Street, Milwaukee, WI 53233.
Due
December 4, 2026
35 days left
Location
Milwaukee, WI
Wisconsin
Posted on
Bonfire
Notice ID
RFP-2026-016
What they need
TermAugust 1, 2027–July 31, 2030, with two optional one-year renewals.
PortfolioApproximately $260 million in non-pension assets and 400 securities; one main account with up to six subaccounts supporting three investment advisers.
ServicesElectronic safekeeping, delivery-versus-payment settlements, income collection, daily cash sweeps, and monthly adviser reconciliation.
ReportingMonthly holdings and activity reports, at least weekly valuations, online daily balances and transactions, GAAP/GASB accounting, and GIPS-compliant performance analytics.
PricingProvide transaction-based fees and an estimated annual total, itemizing account, safekeeping, reporting, online access, and wire charges. Annual pricing volumes: 92 sales/purchases/maturities, 3,008 paydowns, and two wires.
QualificationsA trust company or commercial bank subject to federal supervision or examination, with at least five years of corporate trust and custody experience.
XL Eagle