Fixed Income

Fixed Income investments provide opportunities for regular income with relative safety of principal and are an important component of a well balanced portfolio.

Taxable Fixed Income

Corporate bonds can add diversity and interest income to your portfolio. These bonds are issued by private and public corporations usually to raise funds for corporate growth or a specific project. They can be structured in a variety of ways; convertible, zero coupon, etc. Your Financial Consultant at McGinnSmith can guide you in making the right choice for your portfolio. High yield debt instruments are available as well. These investments hold more risk to principal, but typically yield a higher return.

Your McGinnSmith Financial Consultant can also advise you on the use of government issued agency bonds and mortgage backed securities as well as certificates of deposit (CD's).

Tax Free Fixed Income

If you are in a high tax bracket, your McGinnSmith Financial Consultant can educate you on the advantages of municipal bonds. These are debt offerings, or “bonds” issued by a municipality such as a school district, water authority or highway project. The interest paid on these bonds in most cases is tax-free. The McGinnSmith bond department can access a variety of municipal issues across the country.

Customized Bond Ladders and Proposals can be made based on specific profiles and preferences in order to stagger maturity dates and adjust cash flows depending on financial situations.

McGinnSmith clients have access to inventories from both National Financial Services and over 70 bond dealers from the Wall Street Financial District.