BAM Intelligence

The Hidden Costs in Municipal Bonds

Municipal bond markets are more opaque, allowing broker-dealers to insert larger hidden or nondisclosed costs. Fixed Income Portfolio Advisor Kurt Wunderlich explains how bond mark-ups work, and why we don’t charge them.

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Kurt Wunderlich, Associate Wealth Advisor

As an associate wealth advisor, Kurt works with an advisory team to manage portfolios, offer advanced planning and identifying tax-efficient strategies. But what Kurt most enjoys is helping people gain a better understanding of their finances and aligning their goals and values. The most rewarding part of Kurt’s day is hearing that he helped someone construct a plan to realize their goals.

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