As a South Florida based municipal bond specialist, Alan currently serves as Managing Director of the Municipal Bond Department with New York-based Aegis Capital Corp – with offices across the country.
Alan has specialized exclusively in the municipal bond market for most of his 40+ year career, and has many high net worth clients he has served for decades. According to Alan, municipal bonds are not subject to the guesswork that investors face when they choose stocks, mutual funds, real estate and other asset classes to improve their portfolio performance. He often says “municipal bonds are designed to do what they say they are going to do, pay interest and return the principal in a timely manner”.
“A municipal bond is a value investment based on a contract. That means a municipal bond comes with fixed terms, interest payment schedules, a maturity date and predictable returns backed by the full faith and credit of the country, state, city or town that issues it – authorities that have the power to levy taxes to ensure payment.