Police Officers' Retirement Fund Board of Trustees

The board is responsible for the general administration, management, and proper operation of the police officers’ retirement system.


  • 3 p.m.
  • 4th Wednesday of every month
  • Police Department
    151 King Street
    St. Augustine, FL 32084


Police Representatives

  • Commander Stephen Fricke, Chairman
    P. O. Drawer 1950
    St. Augustine, FL 32085
  • Anthony Cuthbert, Assistant Chief
    P.O. Drawer 1950
    St. Augustine, FL 32085
  • Police Chief Barry Fox, Secretary/Treasurer
    P. O. Drawer 1950
    St. Augustine, FL 32085
  • Mike Davis
    23 Park Terrace Drive
    St. Augustine, FL 32080
  • Doug Hernandez
    79 Fullerwood Drive
    St. Augustine, FL 32084

Management Resources      

  • Mark Simpson, Plan Administrator
    1503 San Jose Boulevard
    St. Augustine, FL 32086 
  • Kimberly Kutlenios, Custodian
    Fifth Third Bank
    5001 Kingsley Drive
    Cincinnati, OH 45227

Plan Financial Advisor

  • Jeff Swanson
    Southeastern Advisory Services, Inc.
    Twelve Piedmont Center, Suite 202
    Atlanta, GA 30305

Investment Managers

  • William H. Schultz
    Richmond Capital Management
    10800 Midlothian Turnpike
    Suite 217
    Richmond, VA 23235
  • Martin E. La Prade, CFA
    Sawgrass Asset Management, LLC
    1579 The Greens Way
    Suite 20
    Jacksonville, FL 32250


  • Michael Tierney
    Actuarial Concepts
    3020 Hartley Road
    Suite 250
    Jacksonville, FL 32257


  • Gary Huggett
    Masters Smith and Wisby, P.A,
    330 A1A N
    Tallahassee, FL 32082

Member Information

The five members of the board include two city residents appointed by the city commission, two representatives who are elected by employees of the St. Augustine Police Department and one who is appointed by the other four members. Members have two year terms.

Chapter 112.664 Compliance Disclosures

Police Retirement Board 2019 Valuation Report

Police Retirement Board Actuarial Fact Sheet

Police Pension Board 60-T Performance Disclosure