Our Approach
Understand the advantages of our fixed income and structured note management services.
You’re an Independent Advisor for a Reason
We're here to lift you up, not hold you back.
Whether you've recently left a larger institution and no longer have access to fixed income and structured note expertise, or the needs of your clients have grown in complexity, we dedicate our industry insights, passion, and technology toward rounding out your financial toolkit.
Working with our investment managers, you have direct communication with your portfolio manager - not just access to generic information on a website.
Our team offers the personalized attention these highly nuanced markets require, leaving you the freedom to focus on your clients' larger financial picture without foregoing crucial diversification opportunities for steady income and enhanced yield potential through both fixed income and structured solutions.
Working With Us, You Gain Access To
A Team of Specialists & Back Office Support
Customized Investment Guidelines
Institutional Quality Trade Execution
Individual Portfolio Reviews & Recommendations
Discover Our Strategies
What Is Your Primary Investment Objective?
Fixed Income
Preservation of Principle & Liquidity
Piton Tactical Government Cash Strategy
Assets: US Government Securities
Target Maturity: 0-1 year bonds
Target Duration: 0.5 years or less
Target Credit Quality: AAA
Piton Tactical Ultra-Short Duration Strategy
Assets: US Government Securities, US Corporate Bonds, Taxable Municipal Bonds, Floating Rate Debt, Money Market Securities
Target Maturity: 0-2 year bonds
Target Duration: 1 year or less
Target Credit Quality: AA-A
Piton Tax-Exempt Tactical Ultra-Short Duration Strategy
Assets: Tax Exempt Municipal Bonds and Notes, VRDOs
Target Maturity: 0-2 year bonds
Target Duration: 1 year or less
Target Credit Quality: AA
Conservative Total Return & Broad Fixed Income Exposure
Piton Taxable Short Duration Strategy
Assets: Government Bonds, Corporate Bonds, Taxable Municipals
Target Maturity: 0-5 year bonds
Target Duration: 2.5 years or less
Target Credit Quality: AA-A
Piton Taxable Intermediate Duration Strategy
Assets: US Government Securities, US Government Agencies, Taxable Municipal Bonds, Corporate Bonds, Taxable Commercial Paper, Money Market Securities
Target Maturity: 0-10 years bonds
Target Duration: 3-5 years
Target Credit Quality: AA-A
Tax-Exempt Exposure
Piton Tax-Exempt Short Duration Strategy
Assets: Municipal Bonds, Tax Free Money Market Instruments, State Specific (if appropriate)
Target Maturity: 0-5 year bonds
Target Duration: 2.5 years or less
Target Credit Quality: AA
Piton Tax-Exempt Intermediate Duration Strategy
Assets: Municipal Bonds, Taxable Municipal Bonds, State Specific (if appropriate)
Target Maturity: 0-10 year bonds
Target Duration: 3-5 years
Target Credit Quality: AA-A
Yield Focus
Piton Managed Yield Strategy
Assets: US Corporate Bonds, Preferred Debt, Perpetual Bonds, Taxable Municipal Bonds, Subordinated Debt, Structured Debt
Target Maturity: 0-30 year bonds
Target Duration: Core Duration, 4-8 years
Target Credit Quality: A- / BBB+
Structured Notes
Yield Enhancement with Customized Exposure
Piton Structured High Income Strategy (SHIS)
Piton Structured High Income Strategy (SHIS) is a tactical, actively managed portfolio of structured notes that uses changes in equity volatility to generate income from high conviction, large market cap companies. The strategy invests in securities known as reverse convertible structured notes which seek to generate income by synthetically selling the volatility of individual equities or equity indices.