High Net Worth Portfolio Review
We offer a free personalized service to individuals and trusts whose municipal bond holdings are over $250,000.00.
The Portfolio Review Service provided by Joseph Xerri (732-576-4892) includes:
Quarterly market evaluations.
Ratings updates on a monthly basis.
Notification of called bonds.
Unrealized profit/loss report.
Monthly Income Report.
Interest mailed in a timely manner or placed into a money market with free check writing.
Investing in fixed income securities involves certain risks such as market risk if sold prior to maturity and credit risk especially if investing in high yield bonds, which have lower ratings and are subject to greater volatility. All fixed income investments may be worth less than original cost upon redemption or maturity. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in the decline of the value of your investment.
Income from municipal securities is generally free from federal taxes and state taxes for residents of the issuing state. While the interest income is tax-free, capital gains, if any, will be subject to taxes. Income for some investors may be subject to the federal Alternative Minimum Tax (AMT)