Investment Advisory Services

What are ALM First Financial Advisors’ Investment Advisory Services?

ALM First Financial Advisors’ investment philosophy is grounded in a sound asset liability management framework. This means that our investment strategies are developed in consideration of your specific balance sheet risk profile. Our holistic, customized approach adds value by helping your institution manage a high-level investment process, focusing more on research, asset allocation, and security selection. This allows enhanced performance, quick adaptation and response to changes in markets, and compliance to ever-changing regulation. Each portfolio is managed to a specific mandate or performance objective based on your goals and risk tolerance.

Successfully Manage Your Investment Portfolio with
ALM First Financial Advisors

ALM First Financial Advisors provides non-discretionary investment advisory services for your fixed-income portfolio. Focusing on your goals, objectives, and liquidity needs is paramount to continuing success and enhanced performance. ALM First Financial Advisors utilizes thoughtful investment frameworks that seek to increase risk-adjusted returns within stated risk guidelines. Our successful strategies include:

  • Core Spread Portfolio
  • Enhanced Liquidity Portfolio
  • Cash+ Portfolio
  • Investment Grade Credit Portfolio

The Proven Value of ALM First Financial Advisors

As a registered investment advisor and a leading strategic partner for financial advisory services, ALM First Financial Advisors has a simple goal: generate superior returns per unit of risk for our clients through our clearly defined investment process. ALM First Financial Advisors’ disciplined investment process has proven its worth through the returns our clients have seen.

Discover the differences between working with ALM First Financial Advisors and a broker-dealer

  • SEC-registered Investment Advisor: ALM First Financial Advisors has a fiduciary duty to always do what’s best for your institution.
  • Fee-based Compensation: Unlike commission-based broker-dealers, ALM First Financial Advisors receives no compensation for trades made on your behalf. Moreover, ALM First Financial Advisors can buy a bond from the same primary dealer and simply pass through the price to our clients – no markup. As such, our Investment Management Group focuses only on providing objective advice that fits your needs – not ours.
  • Holistic Approach: ALM First Financial Advisors customizes its investment strategy design for each client, grounded in a sound structure that is in line with your specific balance-sheet risk profile. Our process involves risk assessment and management, analysis of hedging alternatives, and expert modeling techniques that allow clients to quickly respond to market fluctuations and regulatory changes.
  • Disciplined Investment Process: Instead of simply analyzing a particular security that a broker is showing, ALM First Financial Advisors believes the first question should be: is this instrument even in the asset or sector we should be purchasing? ALM First Financial Advisors’ team of professionals monitor the markets and assesses the relative value opportunities to maximize risk-adjusted returns in any market environment. Our team combines sector allocation, security selection, trade execution, risk management and rebalancing within a disciplined framework to ensure the best portfolio performance.
  • Economies of Scale: With over $20 billion in client assets under management, ALM First Financial Advisors has established trading relationships with the largest broker-dealers in the world. The resulting economies of scale mean superior pricing.

ALM First Financial Advisors’ investment advisory services are available through our Premier and Elite Partnerships as well as through special Investment Partnerships.

What is the value of an investment advisor?

As a leading strategic partner for financial advisory services, ALM First Financial Advisors has a simple goal: Generate superior returns per unit of risk for our clients through our clearly defined investment process. Discover the differences between working with a registered investment advisor and a broker-dealer:

• SEC-registered investment advisor – ALM First Financial Advisors has a fiduciary duty to always do what is best for our clients, given their portfolio, policy guidelines and risk appetite, and market conditions.

• Fee-based – Unlike commission-based broker-dealers, ALM First Financial Advisors does not receive compensation for trades made on behalf of clients, nor do we own or hold fixed-income securities. Our fees are tied to the total assets we manage, not the number or type of transactions we execute. This allows ALM First Financial Advisors to only focus on providing clients objective advice that fits their needs…not ours.

• Holistic approach – ALM First Financial Advisors customizes its investment strategy design for each client, grounded in a sound structure that is in line with the client’s specific balance-sheet risk profile. Our process involves risk assessment and management, analysis of hedging alternatives, and expert modeling techniques that allow clients to quickly respond to market fluctuations and regulatory changes.

What is ALM First Financial Advisors' investment process?

Instead of simply analyzing a particular security that a broker is showing, ALM First Financial Advisors believes the first question should be: Is this instrument even in the asset or sector we should be purchasing? ALM First Financial Advisors’ team of professionals monitor the markets and assesses the relative value opportunities to maximize clients’ risk-adjusted returns in any market environment. We combine sector allocation, security selection, trade execution, risk management and rebalancing within a disciplined framework to ensure the best portfolio performance. This requires robust analytic systems and the professional expertise to drive those systems.

All investing is subject to risk, including the possible loss of the money you invest.

“ALM First” is a brand name for a financial services business conducted by ALM First Group, LLC (“ALM First”) through its wholly owned subsidiaries: ALM First Financial Advisors, LLC (“ALM First Financial Advisors”); ALM First Advisors, LLC (“ALM First Advisors”); and ALM First Analytics, LLC (“ALM First Analytics”).  Investment advisory services are offered through ALM First Financial Advisors, an SEC registered investment adviser.  Balance sheet advisory services are offered through ALM First Advisors.  Financial reporting services, loan introduction services, and other special project services are offered through ALM First Analytics.  Neither ALM First nor any of its subsidiaries provide legal, tax, or accounting advice.

INVESTMENT PRODUCTS ARE: • NOT FDIC INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, ALM FIRST OR ANY OF ITS AFFILIATES • SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL AMOUNT INVESTED.