McMahan Securities has been a leader in the convertible securities market since the firm's formation in 1988. Today, we have extended our expertise and capabilities to high-yield and distressed securities. Our success and reputation is built on helping institutional clients achieve their investment goals with expert insights, market access, and superb execution underpinned by objective research. We guide our clients through the full cycle of a trade – from idea generation to trade execution.
Market Reach With More Than 300 Institutional Clients
For over two decades, McMahan Securities has earned trusted relationships with sophisticated clients. These include hedge funds, pension funds, mutual funds, and insurance companies. With our extensive reach across capital markets, we are able to deliver superb execution and market access to our clients.Seasoned Sales, Trading, And Research Professionals
Our hiring standards call for professionals in sales, trading, and research who have at least ten years' experience in their respective areas. Thanks to a supportive work environment and competitive incentive structure, we attract and retain top talent. That helps McMahan Securities provide both niche expertise and relationship continuity to clients. Our seasoned professionals help clients navigate through volatile and rapidly evolving markets.
Expertise Across The Entire Capital Structure
Our professionals actively seek arbitrage and relative value opportunities for clients. Particularly with convertibles, we seek issues with favorable risk/reward characteristics which, in our opinion, have limited downside risk and an opportunity to participate in the upside if the stock appreciates. We advise clients not only on securities selection but also on hedging strategies. Our convertibles and high yield sales and trading teams sit alongside each other to generate investment ideas and client opportunities. Our capital structure expertise ranges from common & preferred stocks and options through convertible securities and straight bonds. This expertise across the entire capital structure helps us to make a better and deeper call on each issuer's securities.
Expertise Across Multiple Asset Classes
Since 1988, McMahan Securities has delivered leadership in convertible securities. As the Financial Crisis unfolded in 2008, McMahan Securities saw high yield and distressed securities as opportunities offering superior investment return potential. At the same time, the demise of the traditional investment bank model opened up the competitive landscape. To better serve our clients, we recently expanded our platform aggressively by building a seasoned team of high yield and distressed professionals. Today, McMahan Securities is much more than a premier convertible securities broker/dealer. We are an emerging force in high yield and distressed securities.
Independent Research Based On Fundamental Analysis
At McMahan Securities, we place an emphasis on fundamental analysis with an in-depth focus on credit sensitivity. As a boutique research operation, we act with speed and acumen to seize investment opportunities that may be fleeting. As an independent broker/dealer without an investment banking operation, our clients can be assured that our research opinions are objective and independent. Our research analysts invest the long hours required to interact with officers of corporations being researched and to assess their financial statements and debt covenants.
Past performance is not indicative of future results. The value of an investment may fluctuate and, when sold, may be worth more or less than its original cost. There can be no assurance that any specific investment or investment strategy will either be suitable or profitable for your investment portfolio.
The value of an investment may fluctuate and, when sold, may be worth more or less than its original cost. There can be no assurance that any specific investment or investment strategy will either be suitable or profitable for your investment portfolio. An aggressive concentration in high yield and/or distressed securities present certain risks and might not be suitable.
