A growing demand for services, coupled with reduced state and federal funding, has put pressure on finance officers to generate investment income with the public funds they manage. First Empire understands the challenges that municipalities are facing, and although every municipality has unique needs and is governed by different state regulations, we share their focus on:
Safety of investments
Stability of principal
Efficient cash flow management
We work closely with our municipal clients so they can gain a fuller understanding of what role the investment portfolio should play in capturing income, while mitigating risk and securing regular cash flows.
Our value-added services include:
The fixed income trading desk at First Empire Securities has access to a complete range of investment products from hundreds of regional and primary dealers throughout the United States, as well as the new issue market.
Comprised of fixed income and balance sheet specialists, the Financial Strategies Group is a vital component to First Empire Securities’ value-added services. In providing strategic support and insight to institutional investors, they help bridge the gap between investor and broker by demonstrating how the investment portfolio is interacting with the rest of the balance sheet.
Our financial strategists are equipped with state-of-the-art proprietary analytics that can model virtually any investment scenario for a client, and immediately display potential changes side-by-side the original portfolio. Our Dynamic Portfolio Analysis (DPA) can show changes to overall performance of the portfolio and can help measure the portfolio’s interest rate risk, liquidity risk and concentration risk.
Pershing offers safekeeping and clearing to First Empire Securities clients on a fully disclosed basis. Safekeeping services also feature Federal Reserve Discount Window support and a cash management sweep program.
Balance Sheet Management Services, Inc., and LPC Services, Inc., are not members of FINRA or SIPC.