Mbia Municipal Investors Services Corp (Armonk)

Mbia Municipal Investors Services Corp is a large advisory firm based in Armonk. It manages $12.7 billion of regulatory assets for 200 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Mbia Municipal Investors Services Corp provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mbia Municipal Investors Services Corp: assets under management

The assets under management (AUM) of Mbia Municipal Investors Services Corp is $12.7 billion. The firm's AUM has grown by 115% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.95 billion in discretionary accounts and $6.75 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $116.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $45.3 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mbia Municipal Investors Services Corp for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Mbia Municipal Investors Services Corp

William Thacher Brown has been acting as President since 1 Apr 1999. L.P. And Affiliates Warburg Pincus Private Equity X joined the executive team most recently as the Shareholder Common Stock.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Francie Heller	President and director	1 Jan 1991	Other	4362439
Gary Charles Dunton	Director	1 Feb 1998	Other	3029572
Llc Mbia Asset Management	Direct owner	1 Sep 1998	75% - 100%	06-1185706
Llc Cutwater Holdings	Direct owner	1 Sep 1998	75% - 100%	06-1185706
Neil G Budnick	Treasurer and director	1 Apr 1999	Other	2544840
William Thacher Brown	Director	1 Apr 1999	Other	33185
Thomas Jordan	Managing director	1 Jan 2000	Other	2270062
Richard John Walz	Managing director	1 Jan 2000	Other	1392836
Mary Kathleen Donovan	Vice president	1 May 2000	Other	1360007
Leonard Israel Chubinsky	General counsel and secretary	1 Oct 2000	Other	1779920
Eric Daniel Storch	Director	1 Mar 2004	Other	2192489
Clifford Dean Corso	President and director	1 Jul 2004	Other	2477519
Marc Dana Morris	Director	1 Oct 2004	Other	4940660
Richard John Walz	Chief compliance officer	1 Oct 2004	Other	1392836
William Charles Fallon	Director	1 Jan 2006	Other	5116718
Edmund Gerard Berrigan	Director and managing director	1 Jan 2006	Other	1862410

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mbia Inc.	Indirect owner	1 Sep 1998	75% - 100%	06-1185706
L.P. And Affiliates Warburg Pincus Private Equity X	Shareholder common stock	1 Mar 2009	25% - 50%	26-0849130

Based in Armonk

The principal office where Mbia Municipal Investors Services Corp performs its advisory services is located at 113 King Street, Armonk, NY 10504, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-395-5505 or by fax 914-765-3857. The normal business hours are 9:00am - 5:00pm on Monday - Friday.