Overview
Montgomery Investment Management, Inc. is a privately held, SEC registered investment advisory firm. Calvin S.
Koonce began the firm in 1987, and is the principal owner, holding an 85% share of the firm.
Montgomery offers advice on equity securities, warrants, municipal and corporate bonds, U.S. Government securities,
and certificates of deposit. The managing directors provide investment advice to a wide range of accounts including
institutional clients, individuals, families, trusts, retirement accounts, charitable organizations and businesses.
Montgomery will also provide advice to wrap accounts. Wrap accounts adhere to the same Montgomery fee schedule
as non-wrap accounts. There are no significant differences in the way Montgomery manages the investments of wrap
vs. non-wrap accounts. Montgomery may at some time, establish arrangements
where it provides model portfolio
recommendations to other investment advisers. Services and fees for these arrangements will be negotiated.
The firm's philosophy is to structure each account in a way that provides the level of risk, safety and liquidity suitable
for each client. In every case, the client is given an opportunity to impose restrictions they may want regarding certain
securities, or types of investments to be held in their portfolio. All limitations and restrictions placed on an account
must be presented to Montgomery in writing. Clients also have the choice of maintaining a discretionary or non-
discretionary account.
As of August 4, 2023 Montgomery Investment Mgmt., Inc. managed $255,115,125 of client assets on a discretionary
basis, and $85,365,103 of client assets on a non-discretionary basis.