Water Power Employees Retirement Plan Awards Financial Services Contract to Alliance Bernstein (September 2026)
Water Power Employees Retirement PlanCity Department · Los Angeles, CA- Disclosed value
- 55 basis points on all assets; current blended fee 0.55%
- From resolution
- Approved
- Sep 23, 2026
- Term
- Through February 28, 2029
- Renews
- Free account
The 30-second brief
The Retirement Board approved consent to Alliance Bernstein’s assignment of its investment advisory agreement following the planned Equitable Holdings-Corebridge Financial merger. The international small cap equity mandate remains in effect through February 28, 2029, at a current blended fee of 0.55%.
Alliance Bernstein holds this financial services contract with Water Power Employees Retirement Plan. Its other public contracts on record include work for Truckee Meadows Water Authority and Washoe County.
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Contract details
- Contract type
- Financial Services
- Amount
- 55 basis points on all assets; current blended fee 0.55%
- Document date
- September 23, 2026
- Term
- Through February 28, 2029
- Renews
- On record
- Vendor
- Alliance Bernstein
- Source document
- City of Los Angeles Resolution Resolution No. 27-28 Alliance Bernstein Investment Advisory Agreement Assignment Consent 2026-09-23 (Resolution)
Alliance Bernstein's other public contracts
More Water Power Employees Retirement Plan contracts
Questions about this contract
Who was awarded the financial services contract by Water Power Employees Retirement Plan?
Alliance Bernstein was awarded this financial services contract by Water Power Employees Retirement Plan, as recorded on September 23, 2026. The contract value is 55 basis points on all assets; current blended fee 0.55%.
How much is the Alliance Bernstein contract with Water Power Employees Retirement Plan worth?
The Alliance Bernstein contract with Water Power Employees Retirement Plan is valued at 55 basis points on all assets; current blended fee 0.55%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in City of Los Angeles Resolution Resolution No. 27-28 Alliance Bernstein Investment Advisory Agreement Assignment Consent 2026-09-23 (Resolution), dated September 23, 2026 from Water Power Employees Retirement Plan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Alliance Bernstein hold?
Alliance Bernstein may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Water Power Employees Retirement Plan currently buying?
Explore Water Power Employees Retirement Plan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.