FINANCIAL_SERVICESAPPROVED

City of St. Clair Shores Awards Financial Services Contract to COLUMBIA (May 2026)

The Police & Fire Pension Board approved allocating half of the assets withdrawn from Aristotle’s Large Cap Value mandate to Columbia, following the investment consultant’s recommendation. This action modifies the pension fund’s manager lineup in the Large Cap Value space.

Status
APPROVED
Document date
May 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
COLUMBIA
Agency
City of St. Clair Shores · MI

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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
New allocation of assets to Columbia for Large Cap Value management; ongoing relationship subject to future board review and performance.
Document type
Minutes
Source document
City of St. Clair Shores Police & Fire Pension Board Minutes 2026-05-28

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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 St. Clair Shores?

COLUMBIA was awarded this financial services contract by City of St. Clair Shores, as recorded on May 28, 2026.

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 St. Clair Shores Police & Fire Pension Board Minutes 2026-05-28 (Minutes), dated May 28, 2026 from City of St. Clair Shores. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does COLUMBIA hold?

COLUMBIA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of St. Clair Shores currently buying?

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