DALLAS—ALM First, which serves more than 300 financial institutions nationwide, is reporting it has surpassed $55 billion in assets under management.
“As depositories continue to seek more competitive investment options for their excess liquidity, savvy investment managers have turned to actively managed strategies, such as ALM First Financial Advisors’ four distinct portfolios: Core Spread, Cash+, Enhanced Liquidity, and Investment Grade Credit,” the company said.
“For more than a quarter-century, ALM First has been putting our clients’ best interests first, allowing us to deliver the unbiased advice that is so critical for depositories to perform at a higher level,” said Emily Hollis, CEO of ALM First. “When the institutions we serve earn more on their investments, increase internal efficiency or improve their overall balance sheet management, their communities and key stakeholders benefit from the enhanced value created. It’s an honor for us to play a role in that value creation.”
‘Clearly Defined Goals’
ALM First said its Investment Management Group offers deep market experience and focuses on producing results. According to the company, each fixed-income strategy portfolio is managed to a specific mandate based on clearly defined goals and risk parameters, including:
- The Core Spread Portfolio strategy targets a duration of 2.25-2.75%.
- The Cash+ Portfolio strategy targets a duration similar to a three-month Treasury bill.
- The Enhanced Liquidity portfolio strategy targets a duration similar to a nine-month Treasury bill.
- The Investment Grade Credit strategy focuses on investment grade credit in the one-five year area of the yield curve, the company said.
Host of Other Services
“Beyond investments, ALM First’s team of experienced professionals provides a host of strategic services and balance sheet management solutions including the Loan Transaction Network, Merger & Acquisition Advisory, Mortgage Pipeline Hedging, Strategic Net Worth Analysis and more,” the company stated.
For info: www.almfirst.com