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Board Reduces Allocation From WAM By $1M

City of Southfield logoCity of Southfield
Disclosed value
$1,000,000
From meeting minutes
Document date
Sep 10, 2019

The 30-second brief

What it covers

The Southfield Employee Retirement System approved rebalancing actions that include transferring $1 million to cash from WAM. This portfolio adjustment reduces the plan’s allocation with WAM as part of an investment strategy update.

Who holds it

WAM holds this financial services contract with City of Southfield. Its other public contracts on record include work for Wind River Transportation Authority and Town of Sundance.

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Contract details

Contract type
Financial Services
Amount
$1,000,000
Document date
September 10, 2019
Vendor
WAM
Agency
City of Southfield
Source document
city-of-southfield-meeting-minutes-2019-09-10_4d8.pdf (Meeting Minutes)

WAM's other public contracts

Wind River Transportation Authority, WyomingFCAG to Consider WAM Accounting Services Agreement · Oct 22, 2026UndisclosedTown of Sundance, WyomingSundance Approves WAM Association Dues · Oct 6, 2026$1.7KCity of Newcastle, WyomingCouncil Approves WAM Membership Payment · Oct 5, 2026$5.1KCity of Sheridan, WyomingSheridan Approves WAM Municipal Finance Program Payment · Sep 21, 2026$4.6KTown of Guernsey, WyomingGuernsey Approves WAM Accounting Support Contract · Sep 15, 2026UndisclosedAll WAM contractsVendor profile

More City of Southfield contracts

Boyd WattersonBoyd Watterson Invoice Approved for Asset Management · Sep 14, 2026$8.9KIFEBPIFEBP Membership Renewal Approved · Sep 14, 2026$1.4KPIARetirement system asset management invoice to PIA · Aug 18, 2026$13.6KWCMQuarterly asset management payment to WCM · Aug 18, 2026$19.6KNISBoard Approves NIS Asset Management Payment · Aug 11, 2026$10.8KAll City of Southfield activityAgency profile

Questions about this contract

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

WAM was awarded this financial services contract by City of Southfield, as recorded on September 10, 2019. The contract value is $1,000,000.

How much is the WAM contract with City of Southfield worth?

The WAM contract with City of Southfield is valued at $1,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-southfield-meeting-minutes-2019-09-10_4d8.pdf (Meeting Minutes), dated September 10, 2019 from City of Southfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does WAM hold?

WAM 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 Southfield currently buying?

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

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