Solutions designed with you, for your community. 
Public Funds
You are entrusted with managing public dollars. The entity you serve expects you to act in its best interest—which means you cannot compromise when it comes to protecting and effectively managing mission-critical funds. You need an investment manager who understands what is at stake and is willing to go above and beyond, with you and for you, all for the common good. It is a different way of doing business. But for us, it is the only way.

Please click here to view the Meeder Public Funds team.
About Meeder Public Funds
For over 30 years, Meeder continues to be a trusted partner of public entities. We are committed to delivering personalized hands-on public funds experience through our time-tested approach and our broad knowledge of the markets to create tailored and comprehensive strategies and assistance to clients. We provide independent and objective advice and portfolio management for public entities and are dedicated to preserving client capital.
  • Serving public entities since 1990
  • Customized investment solutions for states, counties, cities, schools, townships, libraries, higher education, and special districts
  • Serving clients across the nation
30+ Years
Provide clients with over 30 years of public funds experience.
375+ Clients
375+ public entity clients across the country. Providing services to two local government pools.
$42 Billion
Over $42 billion of public fund assets under management and advisement.
Collaboration & Partnership

Our goal is to design an investment portfolio that is specifically built to align with your organization’s objectives and mission. That is why our investment process is centered around collaboration. This approach helps us gain a true understanding of the unique circumstances and needs of your entity before any investments are recommended or executed. Along the way we help you stay up to speed with opportunities, performance, and keep you informed about the current interest rate environment and capital markets.

Knowledge & Experience

We know that every public entity has unique investment needs and objectives. That is why our investment process begins with taking the time to understand your investment policy and return cash flow needs. Our service team includes members who have individually spent decades serving the needs of public entities, with many members having spent years working within the finance departments at public entities. This team is backed by our deep and knowledgeable investment team, including members with CFA, CMT, CTP, and CFP designations.

Communication & Oversight
We pride ourselves on our proactive approach to communicating with our clients. We know that you and your staff wear many hats in your roles, and it is our job to be your eyes and ears—watching the portfolio for opportunities and making you aware of changes in the economy, markets, or on the legislative front. Rest easy knowing that our state-of-the-art compliance management system will ensure that your portfolio remains in compliance with state laws and your investment policy.
Services
Operating Funds
Our team works with you, to not only streamline the investment process, but also to develop custom strategies to efficiently manage day-to-day operating funds while also focusing on safety, liquidity, and yield.
Operating Funds

Meeder Public Funds looks at the entire financial picture of your entity to assess your cash flow needs and determine how to invest your operating funds portfolio, how much should be invested, how long you should invest, and whether your bank rates are competitive. Meeder monitors all permissible asset classes to make sure you are receiving as much value as possible from your portfolio. 

 

Meeder has access to over 100 brokers to give you full access to the markets, working to get you the best prices available. After the initial investment is implemented, we are committed to arranging regular meetings to discuss changes to the financial needs of your entity, changes to funding levels, and investment needs for new initiatives and projects on the horizon. 

Project Funds
We work with you and the construction manager to fully understand your project and then build a portfolio designed to meet the unique liquidity needs of the project. Additional interest income can help bridge gaps in cost or allow for expansion of the project scope.
Project Funds

Meeder Public Funds understands that taking on a new building project can seem overwhelming. Between bidding out the project, hiring an architect, hiring a construction manager, evaluating cash flows, and figuring out what investments to purchase, investing project funds can quickly feel like a huge undertaking. 

 

Meeder helps simplify the investment process for you during this time of increased stress and workload, while helping you make the most of the taxpayer dollars with which you have been entrusted. We ease the burden on your organization by working with construction managers to understand each project’s cash flow requirements, design a custom portfolio built around project spends, conduct ongoing discussions around project status, and provide ongoing monitoring and adjustments to match changes to your spending schedule.

Consulting Services
Our team of highly trained investment consultants share independent intelligence on industry best practices and investment options, as well as assisting you with Banking Services RFPs and Custody Services RFPs.
Consulting Services

Meeder Public Funds offers investment management solutions in an advisory capacity to Treasurers and Fiscal Officers including providing an Outsourced CIO (Chief Investment Officer) role to public entities across the U.S. We partner with you to create an optimal investment program, including:

 

  • Investment Policy Review – Our team of legal and compliance experts review your investment policy to ensure it is in line with state law.

     

  • Cash Flow Review – Throughout the year, Meeder helps you determine the proper cash amount you should have invested compared with liquid cash.

     

  • Investment Strategy – Public entities gain access to a professional investment team that will strategically formulate an investment plan, including monitoring the interest rate environment and the spread between permissible asset classes.

     

  • Constant Communication – Formal investment policy and strategy meetings are held at your discretion and a minimum monthly cadence is recommended. The Meeder investment team hold regular discussions regarding day-to-day developments in the marketplace to inform your investment strategy.
  • Local Government Investment Pool (LGIP) Management
    We offer investment advisory, fund accounting, transfer agency, distribution, and shareholder servicing services to local government investment pools.
    Government Insured Deposit Program (GIDP)
    GIDP enables participants—counties, cities, school districts, townships, political subdivisions—to generate a competitive yield on cash deposits in a network of carefully-selected FDIC-insured banks via a single, convenient account. GIDP offers attractive yields with no market or credit risk, and penalty-free withdrawals every business day.
    Government Insured Deposit Program (GIDP)

    GIDP enables participants to fully insure cash balances up to $25 million per tax ID through a network of carefully selected FDIC-insured banks via a single, convenient account. GIDP offers attractive yields with no market or credit risk, and penalty-free withdrawals every business day.

     

    GIDP allows clients to deposit funds into a single, convenient account (“Account”), which in turn will be deposited through the FICA program into multiple banks so the amounts that a single client has on deposit in any single bank through GIDP will never exceed the FDIC insurance amount as set by the FDIC. 

     

    GIDP is designed for clients to deposit funds in a fully FDIC-insured bank deposit program that offers a competitive yield and the ability to withdraw funds daily. The program provides access to hundreds of carefully-screened banks via a single, convenient Account.

     

    GIDP is not a mutual fund or pooled account; instead, each Account is a separately managed account in which the client directly owns the bank deposits made on its behalf. There is a $250,000 minimum initial deposit required to open an Account with the Meeder GIDP program. There is no minimum amount required for subsequent deposits or balances. The maximum total deposit available per Account (per tax identification number) is $25 million; this amount is subject to change based on market or business conditions. All deposits must be in U.S. dollars.

     

    Click here for more information on GIDP.

    Time & Plan Management
    We serve as a consultant and investment advisor to retirement plan sponsors, providing solutions designed to help plan participants achieve a more secure financial future.
    Time & Plan Management

    In today’s rapidly changing regulatory environment, effectively managing a retirement plan can be a formidable task for government and public entities. Plan sponsors have a duty to act prudently in all areas of a retirement plan—from evaluating, selecting and monitoring service providers, to day-to-day plan administration and participant education and communication.

     

    Meeder Public Funds can ease the burden by becoming a 3(38) Fiduciary for your plan, as your qualified investment manager to select and monitor investment options. Gain confidence that the investment options you offer to plan participants are continually managed and monitored by highly trained investment professionals. 

    Who We Serve
    If you serve our communities, we serve you. Meeder is proud to be among the top providers of investment services in the public sector nationwide, providing investment advisory services, retirement plan solutions, and more to the institutions who deserve our very best. 
    • State & Local Government
    • K-12 Schools
    • Higher Education
    • Healthcare
    • Transportation
    • Special District Management
    • Housing Authorities
    Approach
    01
    Investment Policy
    Review and assess your entity’s investment policy to ensure our recommendations align with your strategy.
    02
    Cash Flow Analysis
    Analyze your future cash flow needs so we can prepare to help optimize your investment portfolio.
    03
    Economic Outlook
    Research to build a portfolio positioned for a changing marketplace, economic state, and interest rate environment.
    04
    Portfolio Construction
    Create a custom investment strategy based on your objectives, cash flow needs, and current market environment.
    05
    Communication and Support
    Direct ongoing investment policy and strategy reviews and deliver timely performance monitoring and updates.
    The Meeder Difference
    Meeder understands the specialized requirements that set public entities apart. Our expertise can streamline and simplify the investment process to help you reach your investment goals.
    Holistic View
    We look at your entire financial picture to understand your entity’s unique situation.
    Customization
    Portfolios are built to fit your needs and the needs of the organization and people you serve.
    Investment Management
    Markets change and your strategy should too. We’re here to help you actively manage it all. 
    Research Analysis
    We conduct independent research to ensure the investments we select are appropriate for your portfolio.
    Ongoing Partnership
    We work together with your team to enhance and streamline your investment process.
    Contact
    Contact us for assistance with your public entity’s investment strategy.