NYCLASS Reaches New Peak

Hopewell Junction, NY – The NYCLASS Governing Board, in conjunction with its administrator and investment advisor Public Trust Advisors, LLC (Public Trust), is pleased to announce that the NYCLASS program recently achieved an all-time peak balance of municipal assets by surpassing $2 billion in October. This milestone represents a steady climb in assets and growth for the program throughout 2018, where NYCLASS has recently welcomed over 80 new Participants.

The continued positive reception for the program speaks to increasing yields as well as the culmination of the marketing professionals, Shawn Cullinane, Lyn Derway, and Joel Friedman dedicated to the state of New York working under the direction of Matt Starr, Director of Client Relations.

The entire team at NYCLASS remains devoted to providing an unparalleled level of service to each of the more than 448 active Participants that make up this program dedicated to serving municipal entities throughout the state.


Source: Public Trust Advisors, LLC. This press release is for informational purposes only and should not be considered a solicitation of investment advisory services. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. No assurance can be given that the performance objectives of a given strategy will be achieved. All comments and discussions presented are purely based on opinion and assumptions, not fact. These assumptions may or may not be correct based on foreseen and unforeseen events. The information presented should not be used in making any investment decisions. This material is not a recommendation to buy, sell, implement, or change any securities or investment strategy, function, or process. Any financial and/or investment decision should be made only after considerable research, consideration, and involvement with an experienced professional engaged for the specific purpose. The investment advisor providing these services is Public Trust Advisors, LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940, as amended. Registration with the SEC does not imply a certain level of skill or training. Public Trust is required to maintain a written disclosure brochure of our background and business experience. If you would like to receive a copy of our current disclosure brochure, privacy policy, or code of ethics, please contact us. Past performance is not an indication of future performance. Any financial and/or investment decision may incur losses.