Liquidity Management Services

  • Client Service Philosophy

      • Protect principal
      • Maximize after tax return
      • Limit volatility
      • Fiduciary duty
      • Frequent, responsive client communications
      • Custom-tailoring of portfolios to specific client circumstances
  • Fiduciary Service Basis

    • All Buffington Mohr McNeal portfolios are handled on a fiduciary basis. This means:

      • Our client’s interests always come first
      • There is no self-dealing
      • There are no mark-ups, commissions or hidden costs on any transactions
  • Individualized Portfolios

    • All portfolios are custom-tailored in conformance with specific client guidelines and objectives to reflect:

      • Separate accounts, not pooled with other clients
      • Liquidity and cash flow needs
      • Credit quality and volatility constraints
      • Rate-of-return expectations
      • State of the art record keeping, including accruals, accretions and ammortizations
  • Investment Process

      • Slight maturity extension past money fund universe offer attractive risk/reward characteristics
      • Recurring patterns in the fixed income markets can be exploited
      • Yield-advantaged sectors offer higher returns with minimal incremental risk
      • Credit quality standards should always remain rigorous
      • High-yield/leveraged securities are avoided
  • Specific Issue Selection Credit Policy

      • We purchase only high-quality, readily marketable securities
      • Impact of individual issues is quantified through modeling
      • Misevaluation opportunities are captured while maintaining portfolio strategy
      • Independent analysts provide ongoing credit research and monitoring to assure high quality and marketability
      • Credit Policy ensures that appropriate standards are maintained
  • Client Reporting

      • Secure login to custodian
      • Secure login to Buffington Mohr McNeal portfolio reporting application
      • Portfolio appraisal
        • lists holdings as of report date
        • provides liquidation values, yields and average maturities
        • estimated Income
        • provides total earnings (including accruals and cash) for reporting period
        • monthly summary of transactions
  • Our Experience

    • One of the most important steps in delivering the right liquidity management strategy is understanding the different types of cash your business generates and holds.  In our view, cash is not a one dimensional asset. It is not something that drags on performance or is a consequence of trading in a portfolio. It is essential to daily business and effective management. If used and invested wisely in all its forms, it can both improve portfolio returns and ensure that liquidity is available to make opportunistic investments as they appear.

  • Summary

      • We place a premium on independent analysts who embrace our commitment to service excellence
      • We have expertise in both the taxable and tax-exempt markets
      • Our performance confirms that our business cycle/yield advantaged strategies work
      • The fiduciary nature of our client relationships is a distinguishing feature