Charles Fish Investments, Inc.

**Charles Fish Investments, Inc. Summary:** **Background & Expertise:** Established in 1984, Charles Fish Investments, Inc. (CFI) specializes in individually tailored investment services focusing on municipal bonds. The firm prioritizes client interests, offering personalized services to meet specific goals. CFI operates as a Registered Investment Adviser with a focus on fixed income assets. **Consumer-Facing Terms:** - **Minimum Initial Investment:** $2 million for discretionary accounts, $500,000 for sub-advised accounts. - **Fee Structure:** Fees are a percentage of assets under management, with a negotiable annual fee for non-discretionary accounts. The minimum annual fee for new accounts is $10,000. - **Fiduciary Status:** Acts as a fiduciary, putting clients' interests first. - **Investment Discretion:** Full discretion for trading in discretionary accounts, client approval required for non-discretionary accounts. **Advisory Business Description:** CFI offers discretionary separately managed portfolios, sub-advised portfolios, and sub-advisory services to registered investment advisers. The firm's investment strategies focus on fixed income securities, including municipal bonds, with a conservative yet aggressive approach. **Methods of Analysis & Risk Management:** CFI employs internal research, external analyses, and market information for investment decisions. The firm manages risks associated with fixed income investing, including credit risk, interest rate risk, and liquidity risk. **Financial Information:** CFI's fee schedule is disclosed, and the firm does not foresee financial conditions impairing its ability to meet commitments. The firm does not engage in soft dollar arrangements and does not vote proxies on behalf of clients. For more details, visit www.charlesfishinvestments.com or contact [email protected].