For Immediate Release
Director of Marketing & Communications
Late last week, Ehlers’ Investment Advisory service line surpassed $1 billion in assets under management (AUM), a major milestone for the company’s business unit.
“This is a landmark achievement for our organization,” stated firm Principal and head of Investments Brian Reilly. “We started this endeavor a little more than a decade ago amid the worst global financial market conditions since the Great Depression. Yet, by building on our deep client relationships, we were able to deliver a meaningful value-add service and steadily grow our business. Reaching this milestone is a testament to our outstanding team of advisors and support staff working together toward a common goal: to maximize the value we provide to clients.”
While total AUM increased slowly and steadily for much of Ehlers’ Investments first decade, the service line has realized exponential growth over the last two years, adding more than $500 million in investable assets since 2018.
“Our recent performance is largely the result of our Investment Advisors and Municipal Advisors coming together to offer a fully-integrated suite of public finance solutions,” said Senior Investment Advisor Ryan Miles. “Our clients find great value in the idea that a single firm – with one collaborative advisory team – can assist their communities with debt planning and issuance, financial management planning, investments and arbitrage, and economic development services. And that’s really been the catalyst for our growth on the investments side.”
Ehlers expects total AUM to reach more than $1.5 billion prior to the end of its fiscal year on June 30, 2020.
A pioneer and regional leader in municipal advisory services since 1955, Ehlers helps clients build strong, vibrant and sustainable communities by delivering independent, integrated advice across all areas of public finance. We work with more than 1,500 local governments, schools, and public agencies across five states; placing our clients’ needs and best interests at the center of everything we do.