Ferry Capital Management LLC

Ferry Capital Management provides discretionary and non‑discretionary investment management to individuals, high‑net‑worth clients, and trusts, with most client relationships centered on a municipal bond strategy and a smaller number managed via a moderate mutual fund/ETF strategy. The firm conducts client intake through profile statements and periodic reviews and uses fundamental, technical and cyclical analysis to inform portfolio decisions.

The municipal bond strategy is implemented with a three‑pronged approach—core laddered bonds, purchases of new‑issue or mispriced secondary market munis, and allocations to closed‑end municipal funds trading at discounts—and the firm generally emphasizes investment‑grade issues and benchmarks performance to a 15‑year municipal bond index. The moderate strategy emphasizes diversified, lower‑cost index funds and monthly rebalancing to maintain a consistent risk profile.

The brochure discloses a prior regulatory enforcement matter: the firm was subject to a temporary cease‑and‑desist order in 2019 and settled with a final consent order in 2020 that included a $10,000 civil penalty and $50,000 in investigation costs; the matter has been resolved and state registration was subsequently approved. The firm also recommends institutional custody and trading through Interactive Brokers, maintains a proprietary trading account, and debits advisory fees directly from client custodial accounts—operational features that can affect execution, conflicts of interest, and custody arrangements.