Industry Veteran Joins Performance Trust Investment Advisors "Muni" Funds Team
CHICAGO, July 26, 2011 /PRNewswire/ -- Performance Trust Investment Advisors, LLC (PTIA), an affiliate of Performance Trust Capital Partners, LLC, announced today that John Wilhelm has joined its elite team of specialized municipal bond portfolio management and research. With this capability, PTIA will serve individual and institutional investors by employing investment strategies that will capitalize on opportunities in the municipal bond market.
Wilhelm, who has developed a wealth of expertise in municipal and corporate bond credit research and fixed-income portfolio management during his twenty-one year career, will help to build a team of investment professionals to offer investors products that invest in tax-exempt municipal bonds. Municipal bonds are generally attractive to investors for their tax advantages, high yields and historically low default rates.
"Our team objective is not to grow our asset base size similar to large institutional asset managers, but to take advantage of our small size and increase portfolio performance by incorporating fundamental sector, credit and total return scenario analysis to achieve our individual clients' goals and objectives," said Wilhelm.
Prior to joining PTIA, Wilhelm was a Senior Vice President and Portfolio Manager at Chicago-based Nuveen Investments. While at Nuveen, Wilhelm managed more than $3 billion in total assets covering high yield and high quality municipal bond strategies. Before he joined the portfolio management team, Wilhelm led a team of credit analysts responsible for research of industrial development bonds, utilities and real estate-backed financings.
"We are excited to have John as a part of the PTIA family. His broad industry experience rounds out our team and brings even more opportunity for our clients," said Peter Cook, PTIA Chief Investment Officer. "We look forward to developing his ideas and insight to help bring our clients the highest potential returns on their investments."
About Performance Trust Investment Advisors
Performance Trust Investment Advisors is an SEC-registered investment advisor that specializes in fixed income, bank equity and real estate investment strategies. As part of the Performance Trust Companies (founded in 1994), PTIA began managing outside capital in 2008 and has grown rapidly, managing assets of pension, endowment, family office, fund of funds and individual clients. Based in Chicago, the firm manages funds and separately managed accounts tailored to the liquidity needs of its clients. For more information, go to www.PTIA.com.
SOURCE Performance Trust Investment Advisors, LLC
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