FINANCIAL_SERVICESAPPROVED

City of Portland Awards Financial Services Contract to Equitable Advisors (March 2026)

The City Council approved a 457(b) Retirement Plan for employees to be administered by Equitable Advisors. The plan carries no cost to the city; participating employees will pay an estimated 1.1% administrative fee. Service will be provided through payroll deduction.

Status
APPROVED
Document date
March 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Equitable Advisors
Agency
City of Portland · IN

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

Scope & details

The full contract record, as filed.

Contract amount
1.1% per participating employee
Contract type
FINANCIAL_SERVICES
Renewal
Initial engagement with no specified renewal terms; subject to plan continuation.
Document type
Minutes
Source document
City of Portland City Council Minutes March 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 Portland?

Equitable Advisors was awarded this financial services contract by City of Portland, as recorded on March 2, 2026. The contract value is 1.1% per participating employee.

How much is the Equitable Advisors contract with City of Portland worth?

The Equitable Advisors contract with City of Portland is valued at 1.1% per participating employee, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Portland City Council Minutes March 2026 (Minutes), dated March 2, 2026 from City of Portland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Equitable Advisors hold?

Equitable Advisors 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 Equitable Advisors's profile

What is City of Portland currently buying?

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

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