Dedicated to Stewardship
For nearly four decades, we have been proud to help government entities steward their public monies, maintaining safety of principal, liquidity, and achieving a competitive yield.
Cash Management and Investment Programs
We helped sponsoring associations build some of the first Local Government Investment Pools (LGIPs) in the Midwest in the 1980s. And we’ve been committed to partnering with government entities in building strong and effective investment programs ever since.
We Know Government Entity Cash Investing
Miles Capital has managed assets for government entities since 1986. We have helped create and administer LGIPs, helped our clients maximize yield during low rate environments, and built a suite of services to support public entities.
We provide comprehensive investment solutions for all types of government entities nationwide.
Our disciplined, risk managed process is built to help preserve principal, maintain liquidity, and provide a competitive yield.
We manage government entity portfolios across the spectrum of needs and constraints. Whether your state code and policy statement are constrained to short duration fixed income or permit all asset classes, we provide value-added knowledge to be used for your benefit.
We are in the markets every day investing for government entities. This is what we do.
Our clients benefit from our unparalleled client service and our comprehensive suite of services:
Creation and Annual Review of Investment Policy Statement
Compliance with Investment Policies
Objectives-Based Asset Allocation®
Discretionary Portfolio Management
Cash Flow and Liquidity Alignment
Performance Monitoring, Reporting
Education and Guidance
Communication with Board / Committee
Economic Outlook, Strategy, and Firm Communications
Custody Selection and Liaison Services
Operational and Settlement Support
These services are all included with our asset management.
Our goal is for every client to feel as if they are our only client
Local Government Investment Pools (LGIPs)
Providing True Partnership for Boards and Participants
We partner with sponsoring associations and governments in multiple states to provide
the services that matter for LGIPs.
Our focus on safety of principal, liquidity, and yield that public bodies need has remained true since our founding. As a registered investment advisor, Miles Capital serves as fiduciary to these programs and direct government entity clients, with the guiding principles of safety first, liquidity second, and yield third.
The board and participants receive an integrated administration system. Our full service solution encompasses all aspects of online shareholder record keeping, secure user authentication, full branded participant support services, reporting, fund accounting, expense management, and audited transfer agency support.
FIXED RATE SOLUTIONS
Participants will receive a breadth of options (CDs, insured deposits, government securities). This breadth results in greater options, designed to provide better rates for participants. It also allows local banks to receive deposits, enhancing partnerships.
We provide a customized marketing and brand package, with communications specifically designed for the program. This includes both digital and printed marketing materials, market and fund communications, website creation, conference booth presence, support for sponsor endorsement efforts, and oversight of the sales effort.
We can provide these services separately or as a turnkey, bundled solution. We can provide all of the above services, as well as oversight of the custody and audit services for both liquid portfolios and fixed rate programs.
Serving local government investment pools and public entities since 1986
Your Outsourced Team
SEC-Registered investment adviser. Founded in 1982.
Experienced. Serving LGIPs and public entities since 1986, working in conjunction with Boards to help meet the needs of Program Participants.
Professional Team. Credentialed, tenured team in the public entity market working to help meet client needs every day.
Innovative and Agile. Creating solutions to help meet the changing environment, provide our experience and knowledge in order for your organization to continue to evolve and help meet the changing needs of the participants.
Transparent. Comprehensive monthly and quarterly board reporting.