Credit Union Wealth Group Launches Managed Direct Bond Investments for Member Portfolios

Credit Union Wealth Group (CUWG), a leading provider of digital wealth management programs for credit unions, announces the expansion of its fixed income capabilities, providing members with access to managed direct bond strategies. Members can access Treasury, TIPS, Agency, Municipal and Corporate managed bond and ladder investments as part of their portfolio.

Members are interested in direct bond investments, but complexity and high minimums have often made strategies inaccessible. Through the CUWG wealth management program, members can now partner with their financial advisor to learn about direct bond investing and incorporate a strategy to help achieve their goals. Advisors can utilize strategies to manage members' portfolios with greater precision, mitigate interest rate risk, preserve liquidity, reduce taxes and/or generate income.

Credit unions may see a valuable opportunity to grow member wallet share by consolidating assets held at third-party brokerages and TreasuryDirect. “A large segment of members show interest in direct bond investments but are unsure of how to select, trade and manage a bond portfolio. Another segment of members already invests in bonds through external platforms. With our expanded fixed income offering, the combination of advice, low investment minimum, and professional management can create a compelling reason for members to bring those assets back to the credit union’s ecosystem,” said Evan Kulak, a financial advisor with CUWG.