Securities Industry Management Corp.

Securities Industry Management Corp. provides discretionary portfolio management for a small roster of retail clients who are primarily friends and family of middle‑class background. The firm manages both equity and fixed‑income holdings, including government, municipal, investment‑grade corporate bonds and preferreds, across accounts it services on a discretionary basis.

The firm follows a balanced, income‑oriented strategy that emphasizes current yield and modest capital appreciation, favoring large‑cap dividend growers and investment‑grade debt with intermediate maturities and tax‑efficient municipal holdings. It avoids high‑yield or distressed credits, limits turnover to reduce costs and relies on research sources such as Value Line, Standard & Poor’s, the Wall Street Journal and market data services to inform security selection.

Notably, the firm transitioned from a broker‑dealer to an RIA while retaining a clearing/brokerage relationship, and continues to effect transactions through a clearing agent with commissions charged on trades, although the brochure states the adviser receives no outside compensation from those arrangements. The firm also reports a very small client base and that it has not charged advisory fees since its transition and may waive fees at its discretion, practices that differ from many solo independent advisers.