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Springfield Technical Community College Committee on Ways and Means Minutes 2026-05-11

Fiducient Advisors Manages $70M STCC Investments

Long-Term Investment Account Fee 35 basis points; Short-Term Liquid Account Fee 19 basis pointsSpringfield Technical Community CollegeFIDUCIENT ADVISORSMay 11, 2026

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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

Description

Fiducient Advisors continues to manage Springfield Technical Community College’s investment portfolios totaling about $70.3 million as of March 31, 2026, under fee schedules of 35 basis points for long-term assets and 19 basis points for short-term assets. The firm presented its quarterly investment review to the Investment Subcommittee on May 7, 2026.

Contract Details

Contract Amount

Long-Term Investment Account Fee 35 basis points; Short-Term Liquid Account Fee 19 basis points

Vendor

FIDUCIENT ADVISORS

Agency

Springfield Technical Community College, MA

Contract Type

FINANCIAL_SERVICES

Document Date

May 11, 2026

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