For Individuals

Bernardi Securities (BSI) and Bernardi Asset Management (BAM) collectively advise on more than $1.90 billion in separate account portfolios.

Our approach is built on identifying inefficiencies in the municipal bond market, which is driven by passive funds and major managers. Rather than concentrating in the benchmark-heavy bonds that dominate major indices, we focus on smaller to mid-sized issuers that are often overlooked, and on geographies that tend to be underweighted in commonly followed sector benchmarks.

Portfolios are constructed using individual bonds, typically structured as laddered portfolios. Owning individual bonds provides the control and customization essential to sound personal asset allocation, while the ladder structure delivers consistent, predictable cash flows and removes the need to speculate on interest rate timing.

Our strategies are highly customizable, but generally fall into one of two categories:

• Total Return — Designed to preserve principal, maximize after-tax income, and outperform a designated benchmark.
• Goal-Based — Structured to meet specific capital expenditure, cash flow, or investment outlook objectives.

Please find our available strategies listed below.