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Treasurer recommends switch to bundled investment manager to save custodial fees; board approves review
5677679 · August 19, 2025
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Summary
The county treasurer recommended moving investment management from Chandler Asset Management to Public Funds Inc. (Meter/Public Funds model) to reduce custodial fees and reinvest maturities more efficiently; the board approved moving forward pending document review.
Sierra County’s treasurer recommended replacing the county’s current investment advisor and custodian arrangement to reduce fees and improve reinvestment of maturing funds.
Treasurer Jenny (last name not provided) explained the county currently pays roughly $32,000 a…
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