2023 Broker Dealers

The Office of the Chicago City Treasurer (“Treasurer”) internally manages the City’s investment portfolio with more than $10.013 Billion in AUM. The objective of the Treasurer is to invest funds in a manner that provides the highest risk adjusted returns possible while using authorized instruments, while meeting daily cash flow demands and conforming to all state and local statutes governing the investment of public funds. The Treasurer’s Office works with a number of qualified Broker Dealers that facilitate investment transactions. 

Broker Dealer RFI

The Office issues a Request for Information (RFI) questionnaire annually to facilitate annual qualification of each Broker Dealer interested in working with the City’s Investment Portfolio. The Office evaluates interested Broker Dealers based on criteria set by the City Treasurer, including the firm’s prior experience, financial stability, diversity and inclusion, corporate social responsibility and other requirements deemed necessary by the Office and the Municipal Code. The Treasurer’s Office is focused on providing business opportunities to firms based in Illinois and firms owned by minorities, women, veterans, and persons with a disability (MWVD).

List of 2023 Approved Broker Dealers