Bond managers shine

Ten years ago, Wasmer, Schroeder & Company was a small bond-management firm overseeing about $200 million, mostly for wealthy individuals and foundations in Naples.

In just a decade, the firm grew to manage to $3.5 billion in assets, as wealth advisers from across the country and larger institutions became clients.
When you look at Wasmer Schroeder's performance, it's easy to see why. The firm has outperformed most of its peers in areas such as municipal bonds in most time periods.

“Having a track record and being consistent helps them,” says Gary Queen, who heads up the Southwest Florida region for CapTrust, a Tampa-based firm that helps institutions select money managers.