Summary
The board's investment consultant has been sending incorrect invoices since changing management companies. A corrected invoice of $2,051.18 replaced the erroneous $6,752.60 bill.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 29, 2026.
Impact analysis
The corrected bill is $2,051.18 versus the $6,752.60 originally billed — a significant reduction the board should verify.
The pension fund and its members, who avoid paying an inflated consultant bill.
Mentions & discussions (2)
Police & Fire Pension/Health Care Trust - Oct 29, 2026
The board was scheduled to approve consulting invoices from Graystone Consulting for both the pension fund and the retiree health care trust. These are the professional fees for managing the funds' investments.
Police & Fire Pension/Health Care Trust - Sep 24, 2026
The board's investment consultant has been sending incorrect invoices since changing management companies. A corrected invoice of $2,051.18 replaced the erroneous $6,752.60 bill.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for St. Clair Shores
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.