9AT: SENTRY MANAGEMENT INC

SENTRY MANAGEMENT INC

SENTRY MANAGEMENT INC

Adviser Profile

As of Date	03/18/2026
Registration	SEC, Approved, 12/03/1990
ADV Location	WICHITA FALLS, TX, United States
Contact Info	940 xxxxxxx
Websites

AUM^*	5,440,124,412 -36%
of that, discretionary	334,774,942 43%
Number of Employees	5
of those in investment advisory functions	2
Private Fund GAV^*	0
Avg Account Size	61,819,596 -26%
% High Net Worth	38.64% 13%
SMA’s	Yes
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- High net worth individuals
- Banking or thrift institutions
- Charitable organizations
- State or municipal government entities
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses
- Publication of periodicals or newsletters
- Security ratings or pricing services
- Educational seminars/workshops

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)

Reported AUM

10B 8B 7B 6B 4B 3B 1B

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Brochure Summary

Overview

Sentry Management, Inc. (Firm) is an investment advisory firm registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Firm manages over $9.5 billion in assets for clients in seven states. Clients include financial institutions, trust departments, pension plans, individuals, foundations, tax-exempt agencies, municipalities and corporations. The Firm is a privately held C-Corporation with Murphy Davis, Sr. as the primary shareholder. The money managers of the Firm have over ninety-three (78) years of combined experience in direct management of fixed income portfolios and specializes in fixed income management. The range of experience includes managing money for endowment funds, employee benefit plans, banks, trust departments, universities, municipalities, corporations, and individuals. The Firm also serves as a financial advisor to municipalities in preparing official statements and structuring and financing capital debt. Initial meetings with clients are utilized to determine risk tolerance and return requirement objectives. Also discussed are the client’s time horizon, liquidity needs, tax and legal matters, and any specific or unique considerations. Special attention is given to the proper asset allocation necessary to compliment the client’s goals and constraints. An investment policy is then suggested as a guideline or plan-of-action for accomplishing the client’s objectives. The Firm’s

investment philosophy is conservative and dynamic. Quality and liquidity are prerequisites for investments. A heavy emphasis is placed on yield curve and historical, sector yield analysis in determining optimum maturity and security selection. Market and economic developments are continually monitored and dictate transaction activity. Credit analysis on corporate and municipal securities is completed prior to committing funds. Fundamental and technical analysis is utilized in timing of transactions. Because of the homogeneous nature of fixed income securities, technical analysis is significantly more effective as a management tool for bonds versus equities. Meaningful support and resistance levels, trend analysis, long and short- term moving averages and divergences are used to help determine timing while yield curve and sector yield spreads help determine the type security and maturity to be purchased or sold. The Firm attempts to maximize risk-adjusted returns with reduced transaction expenses by concentrating on capturing the majority of significant market moves while maintaining a highly- liquid, high-quality portfolio. Sentry Management, Inc. has the expertise, experience, and resolve to meet the unique needs of a diverse client base seeking above-average, risk-adjusted returns from fixed income securities. The firm managed approximately $234MM in discretionary assets and $8,287MM in non-discretionary assets as of 12/31/2023.