Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST Awards $4,500,000 Investment Management Contract to Cathay Wealth (January 2022)
Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DISTSchool · Sun Valley, CA- Disclosed value
- $4,500,000
- From meeting minutes
- Approved
- Jan 27, 2022
The 30-second brief
Fenton Charter Public Schools approved moving $4.5 million in reserve cash to an investment account managed by Cathay Wealth Management. This move consolidates funds from multiple schools into a single FCPS investment account.
Cathay Wealth holds this investment management contract with Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST. Its other public contracts on record include work for Fenton Charter Leadership Academy District and Santa Monica Boulevard Community Charter District.
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Contract details
- Contract type
- Investment Management
- Amount
- $4,500,000
- Document date
- January 27, 2022
- Term
- NA
- Vendor
- Cathay Wealth
- Source document
- fenton-stem-acad-elem-ctr-for-sci-tech-engr-and-math-dist-meeting-minutes-2022-01-27_eaf.pdf (Meeting Minutes)
Cathay Wealth's other public contracts
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Questions about this contract
Who was awarded the investment management contract by Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST?
Cathay Wealth was awarded this investment management contract by Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST, as recorded on January 27, 2022. The contract value is $4,500,000.
How much is the Cathay Wealth contract with Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST worth?
The Cathay Wealth contract with Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST is valued at $4,500,000, covering investment management work.
What type of contract is this?
This is a Investment Management contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in fenton-stem-acad-elem-ctr-for-sci-tech-engr-and-math-dist-meeting-minutes-2022-01-27_eaf.pdf (Meeting Minutes), dated January 27, 2022 from Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cathay Wealth hold?
Cathay Wealth may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST currently buying?
Explore Fenton STEM Acad: Elem CTR for Sci Tech Engr and Math DIST's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.