Savader Asset Advisors

Savader Asset Advisors LLC (SAA)—StoneCastle’s municipal asset advisory service—helps institutional investors navigate the dramatically evolving municipal securities market.  SAA’s focus is on fundamental municipal bond credit research and analysis with no weight given to third-party enhancements such as bond insurance.

Our team of veteran municipal credit analysts and other professionals is led by Mitchell Savader, Chief Executive Officer of SAA and a twenty-four year veteran of the municipal bond industry.  Mr. Savader has served in senior analytic and management roles in all three sides of the municipal bond industry including portfolio management, investment banking and rating agency operations.  Our credit research staff consists of highly skilled and seasoned municipal analysts, many with more than twenty years experience working with both tax exempt and taxable municipal securities.

Investing Philosophy

• Portfolio Diversification
  • StoneCastle develops every portfolio to ensure its diversification by a number of attributes including, sector, revenue structure, geography, credit enhancement, etc…
• Portfolio Structure
  • Each portfolio is structured to meet the client’s investing goals such as maximization of after-tax income, maintenance of liquidity and minimization of market risk
• Credit Analysis
  • Before we recommend an investment in any security, it is thoroughly evaluated for its creditworthiness with an analysis conducted of the borrower’s economic, financial, debt and management profiles
• Ongoing Surveillance
  • Once an investment is made, StoneCastle monitors the credit on an on-going to basis to identify any evolving trends that could affect bondholder security

Municipal Asset Advisory Service

• Investment Strategies
  • Accounts can be designed to accommodate all investment objectives including national tax-exempt, state-specific, AMT-free, bank-qualified, etc… StoneCastle can even structure portfolios of taxable municipal securities
• Services Provided
  • Development of an investment plan that includes goals, strategies and structure
  • Initial portfolio review and related recommendations based on individual credits and diversification by various attributes
  • Ongoing surveillance conducted with recommendations made as warranted regarding general or specific changes to the overall portfolio and/or individual holdings
  • Annual portfolio review conducted with recommendations made regarding portfolio changes
• Account Sizes
  • StoneCastle accepts accounts of $1 million or more, though exceptions may be made on a case-by-case basis
• Fees and Billing
  • Fees are based on the net asset value of assets under management

For more information on StoneCastle Advisor’s Municipal Asset Advisory Service, please click on the link below to see a service overview or contact: