Municipal Asset Management Inc

Municipal Asset Management Inc. is a registered investment adviser established in 1993, with principal owners Marcy A. Mashioff and John J. O’Brien. The firm specializes in managing portfolios for high net worth individuals and institutions, primarily focusing on fixed income securities. They tailor bond portfolios to meet specific client goals and needs, working closely with clients to understand their risk profile and investment objectives. The firm aims to achieve superior performance through active asset management within client guidelines and risk parameters. All client assets under management, totaling $116,206,483 as of 12/31/22, are on a discretionary basis. Regarding fees, Municipal Asset Management charges a percentage of the custodian market value of assets under management, with fees never exceeding 1% per annum. Fees are billed quarterly and may be negotiable based on factors such as portfolio size and services required. The firm does not charge performance-based fees and provides services to various client types, including individuals, corporations, trusts, and government agencies. The firm's investment strategies are based on fundamental analysis, market outlook, and individual client needs, with a focus on duration management, yield curve positioning, and relative value analysis. Clients should be prepared for the risk of loss associated with investing in bonds, including interest rate, credit, inflation, reinvestment, and liquidity risks. Municipal Asset Management emphasizes the importance of establishing an attitude towards risk before investing.