Bond Portfolio for banks
Anyone, on this forum managing a muni bond portfolio for a bank?
If so what are you charging?
Or what have you seen others charge?
If it matters this one is about 21 million. Not big as far banks go.
Well, they do have to be bank qualified bonds, but I'm sure you already knew that. I think charging 1/2 of retail pricing is fair. Is this a RFP situation? If so, I've thought about getting started in pursuing pools like that, and wonder just what kind of local institutions I might go after, some I'm sure I've never thought of. Years ago, I had 3 local union offices cash accounts. I think back to what that might have led to if my future got altered at that firm...