In a $4Trillion municipal bond marketplace, finding a bond that matches your investing parameters can be challenging without some assistance from the pros. Our team, with over three decades of bond trading experience, has all the tools and resources you need to meet your specific investment goals. We’ve weathered the storm of investment-grade Munis coming to market higher than 15% and as low as 1.25%. Our ability to navigate through the good, the bad, and the ugly with our clients in all types of markets is a testament to our expertise and makes us a valuable tool for you!
Our commitment to you is to provide personalized assistance tailored to your unique investment needs. We don’t believe in a one-size-fits-all approach. We need your input to get started, and then we’ll be able to guide you on your investment journey.
Let’s Get Started – what we’d like to know and why.
What state do you live in? This helps us determine your state’s tax situation when buying bonds. Some states impose an income tax on bond purchases for out-of-state paper.
The maturity range. How far out do you want to invest funds?
Are you looking for current income? This helps us determine whether you are willing to pay a premium for a higher coupon, which can result in higher interest payments now, compared to a lower coupon or a discount.
Risk Tolerance? In this asset class, we trade predominantly investment-grade securities. We see value in insured Munis and A-rated or better paper. What is your tolerance?
Call Protection. Non-callable or Callable—Are you willing to buy a callable bond with the potential for early redemption on a call date or after that? Or do you want to protect the investment timeline with a non-callable bond?
Taxable Equivalents – when looking for safe investments, have you done the math to see how Muni yields, in many cases, have returned far more significantly than like-risk traditional asset classes?
Tax Bracket for Federal and Specific State Income Taxes—Knowing all the taxing authorities that want your money is critical when running the taxable equivalents. These figures produce more accurate investment calculations and show how they compare to tax-free Munis.
About Your Current Fixed Income Advisor—Are you dealing with an experienced municipal bond specialist, financial advisor, or stockbroker? This is your money we are talking about here. Consider this: Would you go to a family physician for heart surgery? Then why would you go to anyone other than a Municipal Bond Specialist to navigate the complexities of fixed income investing? Bond Trading and advising is what we have done all day, every day, for over 30 years. We understand that fixed-income buyers will seek bonds from multiple firms; we think it is in your best interests to let us show you how we can add value to your portfolio.
How Budgets, News, and Trends Affect Specific Types of Bonds – No matter what the specifics you look for in a tax-free purchase, an experienced firm focusing on the specific asset class matters greatly. We follow bonds, bond news, bond economics, market fluctuations, buying trends, underwriting volume, and trading trends. These points are small sample areas where experience counts and how we can help you fine-tune your bond investing.
MUNIs trade in a fragmented market. Dealers sometimes have products we do not have, and vice versa. Many dealers, including us, have software systems to buy and sell paper daily. Markets have evolved rapidly over the last 20 years, especially in our previous 30+ years of trading bonds.
We are genuinely eager to better understand your investment needs. By sharing the CUSIPs of the MUNIs you are looking for or have previously invested in, you’ll help us tailor our services to your requirements. If you’re investing in MUNIs rated higher than A, our market-making services can give you a competitive edge.
Our dedicated team is committed to acquiring paper that aligns with your objectives, considering the current market conditions. We value this opportunity to assist you.
