FINANCIAL_SERVICESONGOING

Advent Maintains Reduced Convertible Securities Mandate

Advent continues to manage approximately $2.8 million in convertible securities for the pension plan, although performance has trailed the benchmark, prompting a partial shift to an index ETF in 2024. The SMA remains a key component of the convertibles allocation.

Status
ONGOING
Document date
May 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Advent Convertibles Securities (sma)
Agency
City of Kissimmee · FL

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Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Approximately $2,777,601 under management as of March 31, 2026
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing convertible securities SMA; five-year performance history cited
Renewal
Longstanding SMA relationship with reduced allocation; no new renewal described in this agenda.
Document type
Agenda
Source document
City of Kissimmee Fire Pension Board Meeting Agenda May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Kissimmee?

Advent Convertibles Securities (sma) was awarded this financial services contract by City of Kissimmee, as recorded on May 5, 2026. The contract value is Approximately $2,777,601 under management as of March 31, 2026.

How much is the Advent Convertibles Securities (sma) contract with City of Kissimmee worth?

The Advent Convertibles Securities (sma) contract with City of Kissimmee is valued at Approximately $2,777,601 under management as of March 31, 2026, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Kissimmee Fire Pension Board Meeting Agenda May 2026 (Agenda), dated May 5, 2026 from City of Kissimmee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Advent Convertibles Securities (sma) hold?

Advent Convertibles Securities (sma) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Advent Convertibles Securities (sma)'s profile

What is City of Kissimmee currently buying?

Explore City of Kissimmee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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