Miles Capital is an SEC registered investment advisor and was founded in 1982 with the launch of a regional money market fund. Within a few years, Investors Management Group (“IMG”), as we were known then, added asset management services for insurance companies and not-for-profit organizations. We also added a breadth of advisory services, fund administration and fund services for local government investment pools (LGIPs). LGIP assets under management have continued to be a core capability for Miles Capital.
By 1998, IMG had grown to $1.8 billion in AUM. Our clients then included insurance companies, municipalities and government agencies, foundations and endowments, bank portfolios, and other financial service firms. By 2006, assets had grown to over $3.0 billion and IMG merged with VMF Capital, an equity-focused advisor, to become WB Capital Management, a subsidiary of West Bancorporation.
In 2009, David W. Miles, the former president and majority-owner of IMG, purchased the firm, and returned it to independence under the name Miles Capital.
Throughout our history, we have grown with client needs and the strategies we offer continue to evolve. We pride ourselves on the strong, customized partnerships we offer our clients today and are committed to continuing to advance our offerings going forward. Visit the Specialties area of our website today to view the breadth of insurance, public entity, and non-profit services we provide today.