BPS Capital Management is a registered investment advisor that specializes in non-discretionary fixed income portfolio management. The company has been serving clients for over 30 years with the principals having over 60 years of combined experience developing sound investment portfolios for our clients.
BPS Capital Management was founded in 1983. The founders of BPS recognized a growing need for portfolio management services for smaller community banks in the area. The major correspondent banks were not giving the attention and quality of service that smaller rural banks required. Around that same time, fee-only advising was starting to gain traction in the industry as opposed to commission based or transaction based structure. Being a fee-only investment advisor allowed BPS to better serve the community banks that were being ignored by the major correspondent banks. The business model was an immediate success and the business grew very rapidly in the ‘80s and ‘90s.
Over time, as a result of an ever changing regulatory environment, our clients began asking for additional services that were being required of them. This lead to the birth of our proprietary Interest Rate Risk report in 1995. It also marks the turning point in managing institutional portfolios while utilizing a total balance sheet or asset/liability approach.
When BPS was initially formed, the footprint was limited to the Midwest. Our clients were primarily located in the five state area that was Minnesota, Iowa, Wisconsin, and the Dakotas. Today we have clients all across the United States, ranging from Oregon to Massachusetts, and from Minnesota to Texas and Florida.
BPS Capital Management has over $3 billion in assets under management and services commercial banks, insurance companies, foundations, non-profit organizations, hospitals, and high net-worth individuals. All of our portfolios are non-discretionary and our services include portfolio management, portfolio accounting, interest rate risk management, total return analytics, municipal credit analysis, peer group analytics, performance attribution, and board and committee training.
If you are interested in learning more about our services, please contact us!