City of Newport Awards Financial Services Contract to Fiduciary Management Inc (December 2024)
City of NewportCity · Newport, TN- Disclosed value
- Manages approx. $13 million (Pension), $5 million (OPEB)
- From annual report
- Awarded
- Dec 31, 2024
- Term
- October 9, 2024 – Ongoing
The 30-second brief
Fiduciary Management, Inc. was awarded management of small cap core assets for pension and OPEB portfolios, handling a combined $18 million as of October 2024.
Fiduciary Management Inc holds this financial services contract with City of Newport. Its other public contracts on record include work for City of Tamarac and City of Port Orange.
Term as filed: October 9, 2024 – Ongoing.
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Contract details
- Contract type
- Financial Services
- Amount
- Manages approx. $13 million (Pension), $5 million (OPEB)
- Document date
- December 31, 2024
- Term
- October 9, 2024 – Ongoing
- Vendor
- Fiduciary Management Inc
- Agency
- City of Newport
- Source document
- city-of-newportannual-report2024-12-31_408.pdf (Annual Report)
Fiduciary Management Inc's other public contracts
More City of Newport contracts
Questions about this contract
Who was awarded the financial services contract by City of Newport?
Fiduciary Management Inc was awarded this financial services contract by City of Newport, as recorded on December 31, 2024. The contract value is Manages approx. $13 million (Pension), $5 million (OPEB).
How much is the Fiduciary Management Inc contract with City of Newport worth?
The Fiduciary Management Inc contract with City of Newport is valued at Manages approx. $13 million (Pension), $5 million (OPEB), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a annual report record.
Where was this contract approved?
This contract appears in city-of-newportannual-report2024-12-31_408.pdf (Annual Report), dated December 31, 2024 from City of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Fiduciary Management Inc hold?
Fiduciary Management Inc 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 City of Newport currently buying?
Explore City of Newport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.