BENEFIT FINANCIAL SERVICES GROUP (BFSG)

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INSURANCE NOT ON FILE A-2017-349 WORK MAY NOT PROCEED Exhibit 2 CLERK OF COUNCIL ZrE: OCT 2 4 7010 ' M!7 AGREEMENT TO PROVIDE FIDUCIARY AND INVESTMENT A\v&" Cs'd" or> ADVISORY SERVICES PERTAINING TO THE 457 DEFERRED COMPENSATION PLAN THIS AGREEMENT is made and entered into this 19th day of December, 2017 by and between Benefit Financial Services Group, LLC, a California Limited Liability Corporation and SEC registered investment advisor and wholly-owned, indirect subsidiary of Focus Financial Partners ("BFSG" or "Consultant"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California ("City"). RECITALS A. The City desires to retain a consultant having special skill and knowledge in in providing fiduciary advice in Plan and Investment Advisory services with the expertise to provide quarterly investment analysis, recommendations, and reports pertaining to the City's 457 Deferred Compensation Plan including the design, solicitation and implementation of customized solutions for deferred contribution plan and defined benefit plans. BFSG wilt assist the City in the transition, monitoring of plan asset fund transfers and deposits from the current structure with the City's 457 Plan Provider and Record -keeper to new modern fund portfolio structure and subsequent Plan Provider Request for Proposal, B. Consultant represents that it is able and willing to provide such services to the City. C. In undertaking the performance of this Agreement, Consultant represents that it is knowledgeable in its field and that any services performed by Consultant under this Agreement will be performed in compliance with such standards as may reasonably be expected from a professional consulting firm in the field. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows: 1. SCOPE OF SERVICES Consultant shall perform Fiduciary and Investment Advisory Services as set forth in the Scope of Services, attached hereto as Exhibit A, and incorporated by reference. 2. COMPENSATION a. City agrees to pay, and Consultant agrees to accept as total payment for its services, a fee of $5,000 per quarter. The total sum to be expended under this Agreement shall not exceed $20,000 during the tern of this Agreement. b. Payment by City shall be made within 45 days (forty-five) days following receipt of proper invoice evidencing work performed, subject to City accounting procedures. Payment need not be made for work which fails to meet the standards of perfotniance set forth in the Recitals which may reasonably be expected by City. Page] of 9