Muni Bond Service
Among the broad array of products and services offered through Stifel, I can provide municipal bonds to my clients who are interested in tax-advantaged investing.
Municipal bonds may be exempt from federal income tax, and many cases, state and local taxes as well.
I watch the bond market for changes in an issuer's financial condition, credit rating, trade frequency, as well as the bonds’ interest rate movement.
Income from particular municipal bond issues may or may not be subject to state and alternative minimum taxes. Capital gains tax may apply if sold prior to maturity. When investing in bonds, it is important to note that as interest rates rise, bond prices will fall.