Financial Professionals
AVOID THE PITFALLS OF MUTUAL FUNDS / ETFs
Provide your clients with a safer solution than the structural deficiencies of mutual funds or ETFs. With a bond fund (Mutual Fund & ETF), your clients’ capital has infinite maturities and their capital can be impacted by the often irrational behavior of other investors. Avoid this risk. In addition, avoid the premium/discount conversation of bond ETFs which occurred in March 2020.

Finally, avoid the risk of your clients experiencing permanent NAV loss with a mutual fund or ETF. If the other investors panic & sell their municipal bonds like in March 2020, the municipal market at times cannot absorb the sell orders and permanent NAV loss may occur.
DIFFERENTIATE YOUR RIA BY GIVING YOUR CLIENTS A CUSTOM EXPERIENCE AND MORE TAX-FREE INCOME
We will build your client a tailor-made portfolio consisting of investment-grade municipal bonds. If you and your clients prefer a plain vanilla cookie cutter mutual fund / ETF solution, we are not for you. The outcome with us will be more income.

If your client has more than $250,000 earmarked as “stay rich”, the SMA (separately managed account) structure is safer and more efficient than a mutual fund / ETF solution, all else being equal. Your clients will have a portfolio with defined maturities. They will get their principal back at a call /maturity date.

In addition, we traffic in bonds that a large asset manager would not be interested in due to size. 100 bonds ($100k) mean nothing to a $1 Billion mutual fund, but 100 bonds make a huge difference for our clients.
THIS IS NOT AS SIMPLE AS BUYING/SELLING 100 SHARES OF MSFT
Evaluating what a municipal bond is worth can be a lot more difficult than buying a stock in the S&P 500 Index or an ETF. Selling a bond that has not been traded in a month can be an unpleasant, uncertain task for any Investment Advisor and one will receive a low bid from an institutional dealer. Our process addresses and removes this unpleasantness in several ways.

We are solely focused on this unique $4 Trillion municipal bond market. Unlike any other market, ⅔ of the municipal bond market is owned directly & indirectly by individual investors. Huge inefficiencies can occur seasonally and can also occur unexpectedly. We exploit these inefficiencies.

Leverage our relationships in the dealer community and on our expertise in identifying good deals (more yield) for your client. It is our fiduciary responsibility to do what is in the client’s best interest. In addition, our interests are aligned with your client’s interests. Our model requires us to buy these bonds as close to wholesale pricing as possible and try to sell as closely as possible to retail prices.

AVAILABILITY ON FOLLOWING PLATFORMS
Charles Schwab, TDA, Fidelity/NFS

A misty morning at Valley Forge National Park, located about 5 miles from our office. The cabins were recreated to show future generations the hardships endured by General Washington’s soldiers during the Winter of 1777-1778.