Our Vision

Boyd Watterson Asset Management seeks to provide substantial value to clients with the objective of generating above-average investment returns within asset classes, product strategies and investment mandates, while maintaining a moderate risk profile relative to peers.

Employee-Owned

Boyd Watterson Asset Management, LLC is an independent, beneficially employee-owned investment advisor specializing in fixed income and real estate.

Capabilities

With $18.2 billion in assets under management,* we offer an array of fixed income, real estate, and equity investment options.

Variety of Offers

We offer separately managed accounts, tailored solutions, sub-advisory services, and mutual fund advisory services.

Customization

We deliver investment solutions tailored to meet the needs of Taft-Hartley funds, foundations and endowments, health care organizations, public entities, corporations, faith-based organizations, insurance companies, and advisory clients.

Real Estate Strategy

Boyd Watterson’s real estate strategies invest in commercial properties (office, warehouse and flex space) leased predominantly to high credit-quality tenants.

Fixed Income Strategy

Our fixed income capabilities span the maturity and quality spectrums, with products available from short‐term to core plus and high quality to high yield.

 

Boyd Watterson Through the Years

Boyd Watterson is an asset management firm with a long history of providing moderate, stable income solutions to our clients. We’ve been growing rapidly as we’ve taken our historical emphasis in fixed income and been able to apply that to another asset class that has been a driver of growth for us, and that is real estate.
Preloader

  • Boyd, Moore & Co. Founded

    Boyd, Moore & Co. is founded by Robert M. Boyd and Franklin C. Moore in Cleveland, Ohio

  • David G. Watterson Joined

    David G. Watterson joined Boyd, Moore & Co.

  • Company Name Changed

    Company name is changed to Boyd, Watterson & Co.

  • Earned CFA Charter Number 24

    David Watterson earned CFA charter number 24 as part of the first class of charterholders, beginning the company’s strong commitment to the Chartered Financial Analyst Institute and Program

  • Duff & Phelps Investment Management Co. formed

    Boyd, Watterson & Co. merged with Duff & Phelps to form Duff & Phelps investment Management Co., which was later acquired by Phoenix Investment Partners

  • Boyd Watterson Asset Management, LLC

    Employees purchased the Cleveland operations and returned to the company’s roots with the name Boyd Watterson Asset Management, LLC

  • Mercantile Bankshares Co. Acquired Boyd Watterson

    Mercantile Bankshares Corporation acquired Boyd Watterson to complement its institutional fixed income product offerings

  • Boyd’s Employees Purchased Cleveland Operations

    PNC Financial Services Group, Inc. purchased the interests of Mercantile Bankshares Corporation. Seven months later, Boyd Watterson employees purchased the Cleveland operations and advisory services from PNC

  • Titanium Acquired Boyd Watterson

    Boyd Watterson is acquired by Titanium Asset Management Corporation, adding the Chicago Real Estate Advisory Group to the company

  • BWAM Became Privately Held / First Real Estate Fund Launched

    BWAM Management led the acquisition of all publicly held stock and became a privately held company again and launched its first open-ended strategy real estate fund

  • First mutual fund launched

    Boyd Watterson launched its first mutual fund: Limited Duration Enhanced Income Fund

  • Michigan office opened

    Boyd Watterson opened its Bloomfield Hills, Michigan office

  • Second Real Estate Fund Launched / Headquarters Relocated

    Boyd Watterson launched a second open-ended strategy real estate fund and moved its headquarters up East 9th Street in Cleveland to the Erieview Tower

  • Washington, D.C. Office Opened / First Closed-End Program Launched

    Boyd Watterson opened its Washington, D.C. office and launched a closed-end strategy real estate program created for a private bank with international investors 

  • Second Closed-End Real Estate Program Launched

    Boyd Watterson launched a second closed-end strategy real estate program created for a private bank with international investors

  • Colorado Office Opened / First Open-End REIT

    Boyd Watterson opened its Denver, Colorado office and launched an open-end strategy real estate REIT

Twelve Tenets

Core Values

Our clients’ interests come first, our firm’s second, our own last.

Honesty and integrity are fundamental to our character and relationships.

Achieving the firm’s goals requires an inclusive, not exclusive environment.

Team success demands shared responsibility and individual accountability.

We promote professional development while supporting a work/life balance.

Identifying a problem requires helping create and implement a solution.

Investment Principles

We value wisdom in addition to knowledge.

We believe developing proprietary tools and processes adds value for our clients.

We focus on SIRP investments: “Safe Income—Right Price.”

Our philosophy focuses on a top-down approach first, a bottom-up approach second.

Downside protection does not exclude upside participation.

90+ years of history makes us realistic about challenges and optimistic about the future.

The above information is as of March 31, 2024.

*Including real estate assets managed in separately managed accounts and advisory-only unified managed accounts (UMA).
SEC registration does not constitute an endorsement of the Firm by the SEC nor does it indicate that the Firm has a particular level of skill or ability.

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