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Pension Fund Reviews Fiduciary Trust Service Exit

Miami Beach Fire Department logoMiami Beach Fire Department
Document date
Sep 18, 2025

The 30-second brief

What it covers

The Miami Beach City Pension Fund is reviewing Fiduciary Trust International's decision to exit municipal servicing and master custodianship of public pension plans. The Board also plans to address an RFP for replacement custodial services.

Who holds it

Fiduciary Trust International holds this financial services contract with Miami Beach Fire Department. Its other public contracts on record include work for Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) and City of Brooksville.

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Contract details

Contract type
Financial Services
Document date
September 18, 2025
Vendor
Fiduciary Trust International
Agency
Miami Beach Fire Department
Source document
City Pension Fund for Firefighters and Police Officers in the City of Miami Beach Agenda Regular Meeting 2025-09-18 (Agenda)

Fiduciary Trust International's other public contracts

Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaIBank Portfolios Managed by Fiduciary Trust International · Mar 31, 2026UndisclosedCity of Brooksville, FloridaFiduciary Trust International to Cease Custodial Services March 2026 · Mar 13, 2026UndisclosedCity of Melbourne, FloridaBoard Pays Final Fiduciary Trust International Invoice · Feb 11, 2026$14.7KGovernor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaJump Start Program assets managed by Fiduciary Trust · Dec 31, 2025UndisclosedGovernor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaBAAQMD funds invested via Fiduciary Trust International · Dec 31, 2025UndisclosedAll Fiduciary Trust International contractsVendor profile

More Miami Beach Fire Department contracts

Wellington Management Company LLPWellington Management to Present Small-Cap Investment Options · Jan 15, 2026UndisclosedMARINERMariner to Review Large-Cap Value Management Options · Jan 15, 2026UndisclosedHighvista Strategies LLCHighVista Strategies Scheduled for Private Equity Presentation · Nov 20, 2025UndisclosedSalem Trust CompanyCustodial Services Recommendation Names Salem Trust Company · Nov 20, 2025UndisclosedMARINERMariner Provides Pension Investment Performance Review · Nov 20, 2025UndisclosedAll Miami Beach Fire Department activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Miami Beach Fire Department?

Fiduciary Trust International was awarded this financial services contract by Miami Beach Fire Department, as recorded on September 18, 2025.

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 Pension Fund for Firefighters and Police Officers in the City of Miami Beach Agenda Regular Meeting 2025-09-18 (Agenda), dated September 18, 2025 from Miami Beach Fire Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fiduciary Trust International hold?

Fiduciary Trust International 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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