Chicago, IL May 2020 —Bernardi Asset Management (BAM), a wholly owned subsidiary of Bernardi Securities, Inc. (BSI) has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers. This award was for BAM’s High Income Municipal, Short-Term Taxable, and Intermediate-Term Taxable strategies.  This is the second Top Gun designation awarded to BAM’s High Income Municipal and Short-Term Taxable strategies since being part of PSN’s manager database.

Top Gun firms are awarded a rating ranging from one to six stars, with the number of stars representing continued performance over time. BAM’s High Income Municipal, Short-Term Taxable, and Intermediate-Term Taxable strategies were named a Top Gun with a star rating of 1, meaning products with this rating performed among the top ten within their respective universes, based on quarterly returns. This is a well-respected quarterly ranking and is widely used by institutional asset managers and investors

“The Bernardi team is proud to have the High Income Municipal, Short-Term Taxable, and Intermediate-Term Taxable strategies to be recognized as Top Guns and leaders among our peers.  This reinforces our belief that municipals are an essential part of our clients’ asset allocation and act as the ballast of their portfolios, performing well during a quarter of significant market volatility,” said Tom Bernardi, CFA and Director of Portfolio Management.

 

For over three decades, Bernardi has specialized in municipal bond portfolio management. The firm provides unique access to separate account management through a hybrid-advisor, offering both active and passive municipal bond strategies.

 

 Contact us at (312) 281-2021 or tbernardi@bernardisecurities.com for more information

 

The complete list of PSN Top Guns and an overview of the methodology can be located on http://www.informais.com/resources/psn-top-guns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Margaret Tobiasen at Margaret.tobiasen@informa.com.

 

Ron Bernardi was quoted in the Bond Buyer article “Regulation Best Interest may require changes to muni market rules”

Read here

Ron Bernardi was quoted in the Bond Buyer article “BDA seeks allies among congressional staffers”

Read here

February 2019—Bernardi Asset Management (BAM), a wholly owned subsidiary of Bernardi Securities, Inc. (BSI) has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers for BAM’s High Income Municipal and Short-Term Taxable strategies.

Top Guns firms are awarded a rating ranging from one to six stars, with the number of stars representing continued performance over time. BAM’s High Income Municipal and Short-Term Taxable strategies were named a Top Gun with a star rating of 1, meaning products with this rating performed among the top ten within their respective universes, based on quarterly returns. This is a well-respected quarterly ranking and is widely used by institutional asset managers and investors

“The Bernardi team is proud to have the High Income Municipal and Short-Term Taxable strategies to be recognized as Top Guns and leaders among our peers,” said Tom Bernardi, CFA and lead portfolio manager.

The complete list of PSN Top Guns and an overview of the methodology can be located on http://www.informais.com/resources/psn-top-guns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Margaret Tobiasen at Margaret.tobiasen@informa.com.

On October 1st,2018, Bernardi Securities began its thirty-fifth year of service to communities and investors across the country.

As part of our continuing desire to improve the platform we offer to our clients, we are pleased to announce Kevin R. Wills, Investment Banking Specialist has joined our team.

Kevin has over 15-years of experience in the financial service industry and has specialized in municipal finance over the last decade.  He is a great complement to our existing team serving local governmental units in Illinois and across the Midwest.

Kevin has assisted school districts, community colleges, park districts and forest preserve districts with their financing transactions over the years. He is a graduate of Illinois State University and holds Series 7 and 66 licenses. He, his wife Katie and children reside in Bloomington, Illinois.

He is a tremendous addition to our public finance team. Kevin will assist us in better serving the needs of our clients, their staffs, their boards and ultimately their constituents. As this is an important element of our firm’s mission, we are pleased he made the decision to join us.

For nearly 35 years, our commitment to the municipal bond market has remained resolute and unwavering. The addition of Kevin to our team solidifies our determination to continue the same course for many years into the future.

Thank you for your continued confidence and support. Please contact me directly should you have any questions or care to discuss.

 

Sincerely,

 

Ronald P. Bernardi

President & CEO

Bernardi Securities, Inc.

Six months after the sweeping tax-reform package that cut corporate and individual rates rattled the $3.7 trillion municipal bond market, financial advisers say the fallout has proven to be a good thing for investors…

Read more here

 

Ronald Bernardi is quoted in the most recent issue of InvestmentNews.

Cost is one of the most important factors in helping a retail investor determine whether a bond strategy is appropriate and the bond manager is effective, said Ronald Bernardi, chief executive of Bernardi Securities Inc.

“An investor is entitled to know what he or she is paying for a particular service, and I, as a professional, should be able to explain why I’m worth the charge,” Mr. Bernardi said.

[…]

And coming up with the prevailing market price to provide to customers could be a difficult calculation because different brokers are buying different amounts of bonds at slightly varying prices, according to Mr. Bernardi.

“The prevailing market price in the municipal market is very complicated,” he said. “It creates an extra workload for brokers.”

[…]

“The investor might say, ‘It’s too complicated, I’m just going to buy an ETF,'” Mr. Bernardi said. “I’m fearful that market liquidity is going to be hurt because of it.”

Read full article here.