Our company, Fixed Income Central, is a division of Ridgeway & Conger, Inc. which is a wholly owned subsidiary of Clayton, Lowell & Conger, Inc. CLC was established in 1997 and is an institutional fixed income broker/dealer. In the last decade, CLC has grown to become a leader in odd lot fixed income transactions. CLC trades with the majority of premier bond firms in the United States.
Fixed Income Central (FiC) delivers a complete fixed income department to the Independent Rep and Investment Advisor. We offer access to taxable and tax free bonds, CMOs, Treasuries, Unit Investment Trusts, Preferred Stock and CDs. In addition, we are able to find specific bond offerings or work your bid wanted’s for you. FIC offers an advantage in this because of the size of our parent company. This advantage will often help you receive higher prices for your bid wanteds or pay a more competitive price for bonds you are seeking.
Our online trading platform gives our clients instant access to thousands of offerings from broker-dealers nationwide. In addition, our experienced traders have access to new issues and are available to help you in swaps, ladders, and bids. At FiC, we understand the importance of compliance and trade execution. We make ourselves available to help you meet your requirements. At FiC you will be working directly with an experienced fixed income trader, not a third party who may not be as well versed in the fixed income market. Try our service and see what FiC’s hard working, experienced staff can do for you.
We offer an array of sophisticated Investment tools, news, and research to help you select and monitor fixed-income products in your portfolio. Some services are provided for free and other must be purchased under Investment Tools.
Individual bonds
Individual bonds may require more active management, but offer predictable income streams and great flexibility to meet specific investment goals.
U.S. Treasuries
• Widely considered the safest type of bond
• Backed by "the full faith and credit" of the U.S. Treasury Department
• Many different types available to meet specific investing needs
Agencies
• Issued by U.S. government agencies
• May offer slightly higher returns than treasuries
Municipals
• Issued by state and local governments to raise money
• Exempt from federal—and often state and local—taxes1
Corporates
• Issued by corporations to raise capital
• Higher returns and higher risk, depending on the company's financial health
GNMA Mortgage-backed securities
• Securities backed by pools of mortgages; also known as Ginnie Maes (GNMAs)
• Higher returns, higher risk than treasuries
Cash Investments
Earn competitive returns with our range of CD and money market fund options.
Certificate of Deposits (CDs) - FDIC insured, generally offers fixed rate of return from a variety of institutions. Useful if you are looking for a time-specific savings plan or a low risk investment for your portfolio.
Money Market Funds - Designed to provide you with current income, stability of capital and convenient access to your money.
Other fixed-income investments
Additional fixed-income products are also worth considering when building a balanced portfolio.
Unit investment trusts (UITs) - UITs are created with a fixed portfolio of investments that generally remain unchanged for the life of the trust.
Preferred investments - These investments have characteristics of both stocks and bonds, with competitive yields.
Principal-protected investments Index-linked principal protected securities are designed to return at maturity the principal invested, even if the index has declined in value.
Real estate investment trusts (REITs) REITs are companies that own, and in most cases operate, income-producing real estate.
Bond funds
Mutual funds made up of bonds are an easy way to invest in fixed income. They offer professional management, convenience, and diversification.
Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. Please read the prospectus carefully before investing. Past performance does not guarantee future performance.
Investment value will fluctuate, and shares, when redeemed, may be worth more or less than original cost.
An investment in a money market fund is neither insured nor guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the fund.
CDs are FDIC insured and in most cases are subject to an early withdrawal penalty. Bond investments generally lose value during periods of increasing interest rates.
Fixed-income investments are subject to various risks including changes in interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. For further details, please feel free to contact a Fixed Income Specialist at 315-662-2048.
1. Tax-exempt income may be subject to the Alternative Minimum Tax (AMT) and capital gain taxes. Consult a tax advisor regarding your particular situation.
