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2020 Broker Dealers

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The Office of the Chicago City Treasurer ("Treasurer") internally manages the City's investment portfolio with more than $7.978B AUM. The objective of the Treasurer is to invest funds in a manner that provides the highest return 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 2020 Approved Broker Dealers

Academy Securities, Inc
Alamo Capital
Amherst Pierpont Securities, LLC
Bancroft Capital LLC
Bank of America Merrill Lynch
Blaylock Van, LLC
BMO Harris
Brean Capital, LLC
Cabrera Capital Markets, LLC

CastleOak Securities, LP
CIBC Capital Markets
Citigroup Global Markets, Inc
FHN Financial
Fifth Third Securities, Inc
Goldman Sachs
Great Pacific Securities
Incapital Holdings, LLC

JP Morgan Securities

Loop Capital Markets, LLC
Mischler Financial Group
Northern Trust Securities, Inc
Penserra Securities, LLC
R. Seelaus & Co, Inc
Raymond James Financial, Inc
RBC Capital Markets, LLC
Rice Financial Products Company
Samuel A. Ramirez & Co, Inc
SunTrust Robinson Humphrey
TD Securities, Inc
UBS Financial Services
UnionBanc Investment Services
Wells Fargo Securities, LLC
Williams Capital Group, LP

Connect with City Treasurer

Quick Links

Chicago City Hall

121 N LaSalle St, Room 106

Chicago, IL 60602


Phone: 312 -744 -3356


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