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Committee recommends PMA Asset Management for village investment advisory services
Summary
After scoring proposals, staff recommended PMA Asset Management over incumbent Ehlers based on comparable technical scores and substantially lower projected fees under the village's asset assumptions; the committee voted to recommend PMA to the village board.
The General Government and Finance Committee voted to recommend PMA Asset Management as the Village of Germantown's investment advisory firm, based on staff scoring of proposals and a cost comparison tied to the village's projected portfolio assumptions.
Staff said Ehlers and PMA scored equally on qualifications and scope but that, under staff assumptions (an average of $10 million in investable assets and a one-time $30…
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