Bartholomew & Co. Manages Melrose Trust Fund Investments

Melrose’s Treasurer reports that Bartholomew & Co. serves as investment advisor to the City’s $14 million Trust Funds, currently managed under the state Legal List of Investments. Adoption of the Prudent Investor Rule will allow the advisor to diversify holdings within a broader investment universe consistent with the new Trust Funds Investment Policy Statement.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Existing advisory relationship; memo notes the Treasurer may periodically consider going out to bid for management of funds, but no specific renewal or end date is stated.

Document type

Agenda

Source document

city-of-melrose-city-council-agenda-october-20-2025_a23.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Melrose?

Bartholomew & Co. was awarded this financial services contract by City of Melrose, as recorded on October 20, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-melrose-city-council-agenda-october-20-2025_a23.pdf (Agenda), dated October 20, 2025 from City of Melrose. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bartholomew & Co. hold?

Bartholomew & Co. may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Melrose currently buying?

Explore City of Melrose's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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