William M. Malloy, Jr.
Nearly every non-profit organization and endowment faces the same challenges: how do we protect principal, provide annual income, grow the assets for future generations and do so with investment-grade securities? When Bill, as trustee of Malloy Foundation, came to us 10 years ago, he faced all of these challenges. He also needed to have the security of working with a firm that could fulfill the fiduciary responsibilities placed on the trustee, including ensuring investment decisions would be executed in the best interest of the foundation and could generate the high level of reporting needed for the board.
Our unique solution
As a Registered Investment Advisor, M Capital Wealth Management is required by law to always act in the best interest of the client. It is not only the “right" thing to do- we are legally required to do so. Our entire business model is aligned perfectly with a trustee's fiduciary mindset.
We began our work with the Malloy Foundation by utilizing our own proprietary asset allocation specifically designed for non-profit organizations. In building the portfolio, we chose from our daily inventory of over 30,000 bond issues. In addition, our bond trading team searched for other fixed income that was specific to the Malloy Foundation's needs.
The Malloy Foundation's board was reassured by the high level of reporting we could provide as a result of our robust technology partnerships. In addition, using an independent custodian to hold client's assets assured the board the securities would be in safekeeping with a third party and completely transparent, 24 hours a day.
“As a third generation family foundation, Malloy Foundation seeks to provide the highest level of donations possible to the 77 charities we support annually. M Capital has been responsive to market dynamics, managing the portfolio through extremely difficult times, including a recession and historically low interest rates. Their skills, extensive resources, and great communications throughout these challenges have built a strong relationship of trust. We know with them we can meet our philanthropic goals.”
- Client Type
- Charitable Organizations
- Cheraw, SC