Fixed Income Solutions for Breakaways Entering the RIA Space by PFI Advisors
In a feature article on InvestmentNews.com, PFI Advisors CEO Matt Sonnen refutes the notion that independent advisors can’t support the sophisticated investment solutions available to wirehouse advisors. Following up on the firm’s latest whitepaper, Fixed Income Solutions in the RIA Industry for Breakaway Advisors, Sonnen highlights IMTC (at the time of publishing, our name was CBXmarket) […]
July 2, 2019
In a feature article on InvestmentNews.com, PFI Advisors CEO Matt Sonnen refutes the notion that independent advisors can’t support the sophisticated investment solutions available to wirehouse advisors.
Following up on the firm’s latest whitepaper, Fixed Income Solutions in the RIA Industry for Breakaway Advisors, Sonnen highlights IMTC (at the time of publishing, our name was CBXmarket) as a platform that empowers advisors to navigate markets through its PMS system’s portfolio optimization tool. He makes the case for fixed income trading in the RIA channel, reiterating that it offers advisors better execution options.
Check out the following excerpt:
Eric Bodner, partner of Kore Private Wealth, an RIA that broke away from Merrill Lynch, where they managed $5 billion in client assets, in June 2018, said, “It wasn’t until we broke away that we realized the opportunity we had with this business.”
“Our muni business is much more robust than it’s ever been,” Mr. Bodner said. “While we still have the same access to risk management and reporting systems as we did at our prior firm, our coverage universe has expanded immensely.”
Some areas for advisers to consider as they choose the best way to access fixed income for their clients include: the amount of investible capital; attitude regarding the direction of interest rates; liquidity needs; diversification; predictability of income; tax considerations; and which area of the fixed-income market the client is looking to access.
Read the full article here or access PFI’s Fixed Income Solutions in the RIA Industry for Breakaway Advisors.
This paper is intended for information and discussion purposes only. The information contained in this publication is derived from data obtained from sources believed by IMTC to be reliable and is given in good faith, but no guarantees are made by IMTC with regard to the accuracy, completeness, or suitability of the information presented. Nothing within this paper should be relied upon as investment advice, and nothing within shall confer rights or remedies upon, you or any of your employees, creditors, holders of securities or other equity holders or any other person. Any opinions expressed reflect the current judgment of the authors of this paper and do not necessarily represent the opinion of IMTC. IMTC expressly disclaims all representations and warranties, express, implied, statutory or otherwise, whatsoever, including, but not limited to: (i) warranties of merchantability, fitness for a particular purpose, suitability, usage, title, or noninfringement; (ii) that the contents of this white paper are free from error; and (iii) that such contents will not infringe third-party rights. The information contained within this paper is the intellectual property of IMTC and any further dissemination of this paper should attribute rights to IMTC and include this disclaimer.
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