FINANCIAL_SERVICESRECOMMENDED

Hesperia Recommends Shuster Investment Advisory Agreement

Hesperia recommends a one-year sole-source agreement with Shuster Advisory Group for investment advisory services covering the City’s operating cash reserve portfolio. Fees would include a $20,000 annual fiduciary fee plus a 0.07% annual asset management fee.

Document date · October 5, 2026

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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
$20,000 annual fiduciary fee plus 0.07% asset management fee per year
Contract type
FINANCIAL_SERVICES
Contract term
One year
Renewal date
2027-10-06
Renewal
One-year agreement; no renewal option or automatic-renewal clause is stated.
Document type
AgendaPacket
Source document
City of Hesperia AgendaPacket October 6, 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 Hesperia?

Shuster Advisory Group was awarded this financial services contract by City of Hesperia, as recorded on October 5, 2026. The contract value is $20,000 annual fiduciary fee plus 0.07% asset management fee per year.

How much is the Shuster Advisory Group contract with City of Hesperia worth?

The Shuster Advisory Group contract with City of Hesperia is valued at $20,000 annual fiduciary fee plus 0.07% asset management fee per year, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Hesperia AgendaPacket October 6, 2026 (AgendaPacket), dated October 5, 2026 from City of Hesperia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Shuster Advisory Group hold?

Shuster Advisory Group 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 Hesperia currently buying?

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