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Board Directs Rhumbline to Transfer $1.4 Million

Medford Retirement System
Disclosed value
$1,400,000
From agenda
Document date
Dec 30, 2025

The 30-second brief

What it covers

The Medford Retirement Board directed Rhumbline to withdraw $1.4 million from its S&P 500 account and wire the funds to M&T Bank.

Who holds it

RHUMBLINE holds this financial services contract with Medford Retirement System. Its other public contracts on record include work for City of Weymouth and Town of Saugus.

What happens next

Term as filed: Withdrawal and wire directed December 11, 2025.

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Contract details

Contract type
Financial Services
Amount
$1,400,000
Document date
December 30, 2025
Term
Withdrawal and wire directed December 11, 2025
Vendor
RHUMBLINE
Agency
Medford Retirement System
Source document
Medford Retirement Board Agenda 2025-12-30 (Agenda)

RHUMBLINE's other public contracts

City of Weymouth, MassachusettsRetirement Board Reviews Rhumbline Investment Manager · Oct 24, 2026UndisclosedTown of Saugus, MassachusettsRhumbline Russell And Core Bond Statements Listed · Oct 20, 2026UndisclosedTown of Saugus, MassachusettsAnnual Investment Review Scheduled For Rhumbline · Oct 20, 2026UndisclosedTown of Saugus, MassachusettsRhumbline Mid Cap And Small Cap Statements Listed · Oct 20, 2026UndisclosedTown of Saugus, MassachusettsRhumbline International Pooled Statement Listed · Oct 20, 2026UndisclosedAll RHUMBLINE contractsVendor profile

More Medford Retirement System contracts

TOSHIBABoard Approves Toshiba Equipment Services Payment · Dec 30, 2025$351.2Brookline BankBrookline Bank Receives $1.3 Million Transfer · Dec 30, 2025$1.3MPRITPRIT Wires $230,679 Private Equity Distribution · Dec 30, 2025$230.7KCIVICPLUSBoard Approves CivicPlus Web Platform Payment · Dec 30, 2025$2.9KGoldentree Distressed Fund IvGoldenTree Issues $335,200 Capital Call · Dec 30, 2025$335.2KAll Medford Retirement System activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Medford Retirement System?

RHUMBLINE was awarded this financial services contract by Medford Retirement System, as recorded on December 30, 2025. The contract value is $1,400,000.

How much is the RHUMBLINE contract with Medford Retirement System worth?

The RHUMBLINE contract with Medford Retirement System is valued at $1,400,000, covering financial services work.

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 Medford Retirement Board Agenda 2025-12-30 (Agenda), dated December 30, 2025 from Medford Retirement System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does RHUMBLINE hold?

RHUMBLINE 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 Medford Retirement System currently buying?

Explore Medford Retirement System's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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