Savader Asset Advisors LLC (SAA) provides institutional investors with an array of services that together form a comprehensive approach to understanding and managing the credit risk in their municipal portfolios.
Our approach is simple: SAA focuses on municipal credit research and analysis. We consider only the fundamental security pledge without giving weight to any external long-term credit enhancement such as bond insurance. Additionally, our services can be used either individually or together in a comprehensive approach to managing the credit risk in your municipal portfolio.
While we regularly customize our services to meet the specific needs of each client, our services can be broadly categorized to include:
- Expedited credit feedback on municipal securities being considered for purchase.
- The identification and analysis of potentially vulnerable securities currently in your municipal portfolio.
- Evaluating the credit profile of your entire municipal portfolio, thereby providing you and senior management with a particularly effective tool to track the portfolio’s credit profile over time.
- Ongoing surveillance of vulnerable credits using newly released documents such as audits and ongoing disclosure documents.
SAA is led by Mitchell Savader, a twenty-five year veteran of the municipal bond industry. Mr. Savader has served in several senior analytic and managerial roles including portfolio management, investment banking and rating agency operations.
Our analytic team consists of veteran municipal credit analysts, many with more than twenty years experience working with virtually all types of municipal securities ranging from high-quality to high-yield and from tax-backed to revenue-backed bonds.
For more information on Savader Asset Advisors and its municipal credit advisory services, please see the company overview, work samples and recent media links below or contact Mitchell Savader, Chief Executive Officer at (212) 354-6500 ext. 333, or by e-mail at msavader@savaderassetadvisors.com
Company Information and Work Samples
Our Company
Company Overview for Community Banks
Sample Top-level Reviews
Sample Bullet-point Reviews
Sample Credit Outlooks
Sample Short-Credit Report
Sample Surveillance Review
Recent articles, videos and podcasts on Savader Asset Advisors
September 2011 – Credit troubles atypical – Collingswood in peril
July 2011 – Scared to Debt? Not in the Municipal Market
January 2011 – Ambassador Alert: The Current State of Municipal Credit Risk
January 2011 – The Shoshin Project: Munibonds are Stronger Than You Think
December 2010 – Reuters: California City Approves Plan to Exit Bankruptcy
June 2010 – SmartMoney: Muni Bond Watch: In Alabama, a Sewer Bond Looks Less Toxic
June 2010 – SmartMoney: Midwest Munis Bet on Retirees — and Lost
June 2010 – Bondview: Bond Early Warning System Needed for Monitoring Defaults
May 2010 – Target 2025: Municipal Bonds Have Risk
May 2010 – SmartMoney: Municipal Bonds: Derailed
May 2010 – SmartMoney: Warning Signs: Spotting a Risky Bond
April 2010 – The Bond Buyer: Savader Goes to Philadelphia Fed to Cool Fears of Muni Defaults
April 2010 – The Bond Buyer: Tax Collections at All-time High in 4Q
March 2010 – Reuters: Demand solid for quick California GO sale
March 2010 – DerivActiv: Mitchell Savader on “A Widespread Deterioration in Credit Quality”
February 2010 – The Bond Buyer: N.Y. Sets Competitive $448M Issue amid Budget Struggles
February 2010 – The Bond Buyer: Stable Ratings Won’t Stop California Woes
January 2010 – The Bond Buyer: Savader Adds Three Analysts as It Gears Up to Be Broker-Dealer
January 2010 – Financial Advisor Magazine: Receding from a Perfect Storm