JB Investment Management joins RMB Capital

JB Investment Management joins RMB Capital
JB Investment Management helps RMB expand their fixed income offerings for clients.
OCT 03, 2018
By  Bloomberg

JB Investment Management has merged with RMB Capital of Chicago. JB Investment Management, which has $550 million in client assets and focuses on fixed-income strategies, will continue to operate out of its Brookfield, Wisc., office, but the team is now integrated into RMB Asset Management. RMB has approximately $9.3 billion in client assets. "With interest rates on the rise, fixed income investments are becoming more relevant than they've been in recent years, so it's a good time for us to be expanding our fixed income capabilities," said Richard M. Burridge Jr., founding partner, CEO and co-chief investment officer at RMB, in a statement. JBIM offers fixed income strategies for both institutional and individual investors, including liability-driven, TIPS-indexed and tax-advantaged portfolios. Jeffrey L. Bryden, formerly president and chief investment officer at JBIM, now acts as senior vice president and portfolio manager at RMB. Mr. Bryden founded JBIM in 2008. Previously, he worked for Campbell Newman Asset Management and Reinhart Mahoney & Bryden Capital Management. He is joined by Jonathan G. Rigano, formerly vice president and portfolio manager at JBIM, who will keep his same position at RMB. Before joining JBIM, he worked for a Milwaukee-based investment firm where he oversaw $500 million in separately managed accounts. Rounding out the JBIM team are Gail L. Betzhold, who is the administrative manager, and Renae Engel, who is the portfolio and client administrator.

Latest News

No succession plan? No worries. Just practice in place
No succession plan? No worries. Just practice in place

While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.

Research highlights growing need for personalized retirement solutions as investors age
Research highlights growing need for personalized retirement solutions as investors age

New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.

Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones

With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.

Insured Retirement Institute urges Labor Department to retain annuity safe harbor
Insured Retirement Institute urges Labor Department to retain annuity safe harbor

A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.

LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors
LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors

"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.