PMA Completes Acquisition of Miles Capital

PMA announced March 31 that it has acquired substantially all of the assets of Miles Capital, Inc. 

Insurance Companies

For over three decades we have helped meet the unique investment needs of insurers, aligning portfolios to enhance company goals.

Government Entities

Since 1986, we have helped government entities preserve principal, maintain liquidity, and attain a competitive yield.

Why Us?

We Provide Tailored Solutions And Strategic Partnership

We provide investment solutions across fixed income, equity, and alternative assets, customized to help meet the needs and objectives of our clients.


More importantly, we serve as a strategic partner.


Investing to help meet client objectives requires a comprehensive view of goals and needs. We leverage decades of industry experience to design customized investment solutions.


Our goal is for every client to feel as though they are our only client. Through delivering outstanding client service, we help:

  • Save time with our resources and services

  • Add value through our customized investment solutions

  • Mitigate risk through our disciplined approach

At Miles Capital, we design your portfolio to help deliver the results that matter to you.


We assist not-for-profit organizations invest and meet their distribution needs into perpetuity, always acting in your best interests.

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Objectives-Based Asset Allocation®


Done correctly, an asset allocation strategy positions the portfolio to help support and enhance your goals. Done incorrectly, the investment portfolio may significantly detract from your results, potentially leaving you at a disadvantage.


Recognizing this, as well as the limitations of conventional approaches to asset allocation, Miles Capital created OBAA®. Our leading-edge allocation approach is specifically designed to position the portfolio to help achieve your business goals.


OBAA® helps align your portfolio with your overall organizational goals. It is, in effect, a five-year strategic plan for your portfolio.


Watch our video to learn more and see how it could help you.

OBAA® Process Paper

Download PDF

Contact Us

1415 28th Street, Suite 200
West Des Moines, IA 50266
Phone: (515) 543-8400
Toll Free: (800) 343-7084

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DISCLOSURES: The information provided herein is furnished by Miles Capital, Inc. solely for informational purposes and is confidential. It may not be reproduced or distributed to anyone else without prior consent. This document contains the current views of Miles Capital and is not intended to be, and should not be interpreted as, a recommendation of a particular security, product, or investment strategy. Such opinions and predictions are subject to change without notice. The strategies described in the presentation may not be suitable for all investors. There is no assurance that any of the objectives described will be achieved. This information contained herein does not take into account the particular investment objectives or financial circumstances of any specific person or entity who may receive it. You should consult your tax or legal advisor before making an investment, and investors are advised to thoroughly and carefully review financial, legal, and tax consequences of all investments to determine suitability. Investments in alternative assets may be illiquid and present significant risks. Past performance is not a guarantee of future results. There can be no guarantee that any investment strategy discussed in this Presentation will achieve its investment objectives. As with all strategies, there is a risk of loss of all or a portion of the amount invested. Diversification does not ensure a profit or protect against market loss.