FHN Financial Main Street thoroughly understands the unique aspects of managing public fund investment portfolios — that return of principal is more important than return on principal. We realize municipal investment portfolios are the only places in government where revenue can be generated without assessing taxes or fees to its citizens. We are dedicated to providing intelligent investment strategies to assist entities in prudently and effectively enhancing investment income.
As of December 31, 2021, we provide investment management services to approximately $14 billion in public sector fixed income portfolios on a discretionary basis, and $1.6 billion on a non-discretionary basis.
We also provide investment consulting services to approximately $60 billion in public sector fixed income portfolios on a non-discretionary basis, which includes investment reporting, oversight, and policy review.
Investment Philosophy
Our investment philosophy focuses exclusively on the public sector and is guided by three foundational tenets, in order of importance: safety, liquidity, and income.