Town of Simsbury Awards Financial Services Contract to Fiducient Advisors (September 2026)

The Board of Finance unanimously approved Fiducient Advisors’ recommended restructuring of the Town’s OPEB Trust investment structure. The change will move the trust predominantly from ETFs to traditional index mutual funds and is expected to reduce investment expenses from about 18 basis points to 4 basis points.

Document date · September 20, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

Town of Simsbury Minutes Board of Finance Regular Meeting 2026-09-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Simsbury?

Fiducient Advisors was awarded this financial services contract by Town of Simsbury, as recorded on September 20, 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 Town of Simsbury Minutes Board of Finance Regular Meeting 2026-09-20 (Minutes), dated September 20, 2026 from Town of Simsbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fiducient Advisors hold?

Fiducient 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.

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