Burlington Retirement Board Meeting Minutes May 5, 2026
Board Approves Portfolio Rebalancing with Fiducient
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Description
The Burlington Retirement Board authorized Fiducient, as investment advisor, to rebalance the retirement system’s portfolio back to its strategic asset allocation targets. City staff were empowered to execute the necessary trades in consultation with Fiducient, with final trade sizes dependent on market conditions.
Contract Details
Vendor
FIDUCIENT
Agency
Burlington International Airport Authority, VT
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Renewal Info
Action relates to ongoing investment advisory engagement with Fiducient; no explicit change to contract term or fees noted.
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