Meeder Public Funds

What Meeder Public Funds does

Meeder Public Funds is the public-sector division of Meeder Investment Management, a privately held, Ohio-domiciled investment advisory firm founded in 1990 that provides investment advisory, portfolio management, and cash management programs to US public entities. The firm serves state and local governments, K-12 school districts, higher education institutions, healthcare entities, transportation authorities, special districts, and housing authorities through a dedicated team of investment consultants with prior public-finance experience and credentials including CFA, CMT, CTP, and CFP.

The product suite spans Operating Funds Management, Project Funds Management, Consulting (including Outsourced CIO), Local Government Investment Pool (LGIP) Management, the FDIC-insured Government Insured Deposit Program (GIDP), and Retirement Plan Management under the Edge sub-brand, plus Model Portfolios. The underlying technology platform combines a proprietary compliance management system, a Reward Value methodology that reviews 70+ daily factors to size equity exposure, and broker routing through 100+ counterparties. As of December 31, 2025, the firm reported $70.32 billion of regulatory AUM and $120.41 billion of non-discretionary assets under advisement (combined headline cited as $150B+), serving 400+ clients.

The business model is a subscription/recurring fee structure typical of investment advisors: a percentage of assets under management for discretionary mandates and lower advisory fees on non-discretionary AUA, supplemented by GIDP cash sweep economics and retirement plan consulting fees. Go-to-market is direct, consultative enterprise field sales targeting Treasurers and Fiscal Officers, supported by content marketing, professional networks, and the 2025 acquisition of Moreton Asset Management. Distribution is executed through a wholly-owned broker-dealer subsidiary, Meeder Distribution Services, Inc. (FINRA member), enabling integrated advisory, fund, and distribution operations.

Name

Meeder Public Funds

Legal name

Meeder Investment Management

Website

https://meederpublicfunds.com

Company type

Private

Founded year

1990

Operating status

Operating

Short description

Meeder Public Funds, founded in 1990 and based in Dublin, Ohio, is a private investment advisor providing portfolio management, cash management, and advisory services to 400+ US public entities across state/local government, K-12, higher education, healthcare, transportation, and special districts.

Ownership category

akta.pro rank

Product category

Public Funds Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Public Asset & Investment Management (BPAIAEAG)

Keywords

• Public funds investment management
• Government investment advisory
• Local government investment pools
• Retirement plan consulting
• Cash management services

Headquarters

HQ city

Dublin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Investment Advisory Fees: Meeder Public Funds provides investment advisory services to public entities. Fees are likely charged as a percentage of assets under advisement or management. The firm provides continuous investment management services for discretionary assets and strategic advice for non-discretionary assets.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Meeder Public Funds provides investment advisory, portfolio management, and cash management programs for US public-sector entities. Core offerings include Operating Funds Management, Project Funds Management, Consulting Services (with Outsourced CIO), LGIP Management, the Government Insured Deposit Program (GIDP), and Retirement Plan Management. Services are delivered through dedicated investment consultants and a proprietary compliance management system that monitors portfolios against state laws and client investment policies.

Product overview

Meeder Public Funds is a specialized investment management firm serving public entities with a comprehensive suite of services. The core offering includes Operating Funds Management, Project Funds Management, Consulting Services (with Investment Policy Review, Cash Flow Review, Investment Strategy, and Constant Communication), Local Government Investment Pool (LGIP) Management, the Government Insured Deposit Program (GIDP), and Retirement Plan Management. Additional specialized services include Edge Investment Consulting, Edge Retirement Plan Services, and Model Portfolios. These services are designed for state/local government, K-12 schools, higher education, healthcare, transportation, special districts, and housing authorities. The company has over 35 years of experience serving public entities since 1990, with over 400 clients and over $150 billion in assets under advisement.

Differentiator

Problem solved

Functional benefit

Brands

• GIDP: Government Insured Deposit Program - enables participants to generate competitive yields on cash deposits in FDIC-insured banks via a single convenient account.
• LGIP Management

Products and services

• Operating Funds Management Customized investment management for day-to-day operating funds of public entities, focused on safety, liquidity, and yield. Includes cash flow assessment, ongoing monitoring of permissible asset classes, and access to over 100 brokers for execution quality; designed for Treasurers and Fiscal Officers of public entities.
• Project Funds Management Investment portfolio design and ongoing monitoring for construction or capital project funds, built around project cash flow requirements and spending schedules; tailored for public entities managing taxpayer-funded building or infrastructure projects.
• Consulting Services Investment advisory and Outsourced CIO services covering Investment Policy Review, Cash Flow Review, Investment Strategy development, and ongoing Communication support for public entities; includes banking and custody RFP services.
• Local Government Investment Pool (LGIP) Management Comprehensive management services for Local Government Investment Pools, including investment advisory, fund accounting, transfer agency, distribution, and shareholder servicing.
• Government Insured Deposit Program (GIDP) FDIC-insured bank deposit program that aggregates deposits across a network of carefully selected FDIC-insured banks through a single convenient account to generate competitive yields on cash with no market or credit risk and penalty-free daily withdrawals. Minimum initial deposit of $250,000; maximum $25 million per tax ID per account.
• Retirement Plan Management Consulting and investment advisory services for retirement plan sponsors at public entities, including acting as a 3(38) Fiduciary to select and monitor qualified investment managers and investment options.

Quantifiable outcome

• $150B+ Assets Under Advisement serving 400+ public entity clients
• +1 more outcomes

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Moreton Asset ManagementcoreStrategic or Co-development Partner · 1 January 2025Moreton Asset Management has joined Meeder Public Funds, expanding the firm's capabilities and client base in the public funds sector. This acquisition strengthens Meeder's position as a leading provider of investment services to public entities.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• PFM (Public Financial Management): PFM is one of the largest independent advisers serving US public entities, providing investment management, financial advisory, and consulting services to state/local governments — directly comparable to Meeder Public Funds in target market and core offerings.
• Hilltop Securities: Hilltop Securities provides public finance, investment banking, and fixed-income services to municipalities, school districts, and other public entities across the US — overlapping with Meeder in the public-entity investment advisory niche.
• Speer Financial: Speer Financial is an independent investment advisory firm focused exclusively on public funds for Illinois municipalities, schools, and special districts — directly comparable to Meeder's specialized public-funds model, though narrower in geographic reach.
• PMA Financial Network: PMA Financial Network provides investment advisory, asset management, and administrative services to public entities including municipalities, schools, and special districts — a near-direct competitor to Meeder Public Funds in the public-sector investment management space.

Broad incumbents

• BlackRock: BlackRock serves US public-sector clients through its institutional and public-fund practices with passive and active strategies — competing for larger mandates that overlap with Meeder's non-discretionary and discretionary offerings.
• U.S. Bank Government Banking: U.S. Bank provides government banking and investment management solutions to public agencies, including deposit programs and investment advisory — competing with Meeder's GIDP and operating funds products as a broad incumbent.
• RBC Capital Markets Public Sector: RBC Capital Markets serves public-sector clients with investment management, capital markets, and advisory services — a broader incumbent offering comparable public-entity investment advisory capabilities.
• Meeder Investment Management: The parent legal entity of Meeder Public Funds, operating broader investment management offerings including mutual funds (Meeder Funds) and advisor consulting — comparable as the broader firm but with overlapping public-funds business.
• Vanguard Institutional: Vanguard provides low-cost mutual funds and advisory services widely used by public entities for retirement plans and operating funds — competing with Meeder Funds and retirement plan management offerings on cost and brand.
• Wells Fargo Government & Institutional Banking: Wells Fargo offers public-sector investment management, treasury management, and banking services to government entities nationwide — competing with Meeder in the public-entity operating and project funds space as a larger, broader-scope incumbent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/meeder-investment-management

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meeder Public Funds