Municipal Investment Funds

Testimonial

“The restaurant business is fast-paced and requires that I wear a lot of hats. I love working with The Dowd Agencies because they sweat the details, so I don’t have to. They are very diligent, and I trust that they have our best interests at heart.”

Steve Hurwitz | Franchise Owner
Uno Restaurants

Testimonial

“Doing business with The Dowd Agencies is a pleasure. I have confidence in all aspects of our insurance: coverage; management; and most importantly, cost. Eastern States Exposition receives timely responses, great advice and individualized attention. The Dowd Agencies has made my job demonstrably easier.”

Eugene Cassidy | President and Chief Executive Officer
Eastern States Exhibition

Testimonial

“The Dowd Agencies excels at customer service, and really understands the specific insurance regulations and challenges facing local businesses in Massachusetts. They work with us to ensure we have the exact coverage we need, so we can focus our attention on our day-to-day operations.”

Dino Gravanis | General Manager
Springfield Country Club

Testimonial

“Hannoush Jewelers has been a family-owned business since opening our first store in 1980. When it comes to our core values of integrity, respect, professional conduct and customer commitment, Dowd not only understands them but exemplifies them. We are proud to partner with Dowd for all our insurance needs.”

Michael Hannoush | CFO
Hannoush Jewelers of Connecticut

Testimonial

“Excel Dryer prides itself on being a family-run company that manufactures its complete line of products here in the U.S., and Dowd has a unique understanding of our needs. The spectrum of coverage options and top-rated providers from Dowd provides us with security, no matter the venture we pursue. When evaluating our insurance options, we quickly realized that Dowd’s proud heritage mirrored our values at Excel, which has led to a strong and successful relationship.”

Denis Gagnon | President
Excel Dryer

Testimonial

“Partnering with Dowd Insurance was a win-win for us. With convenient locations all over western Massachusetts, Dowd can service our needs at any time.”

Dave Fontaine | President
Fontaine Bros., Inc

Testimonial

“Dowd Insurance has handled our bonding and insurance needs for over 15 years and they are extremely service oriented. In the construction business, this is not only an important part of our business requirements, but one that offers much needed peace of mind.”

Jerry Gagliarducci | Owner
Gagliarducci Construction, Inc., Indian Orchard, MA

Testimonial

“My overall experience with Dowd Insurance has been excellent. They have been very knowledgeable, communicative, and easy to deal with. One specific experience I had working with Cindy was when I got in a car accident. Cindy was able to save me several thousand dollars by asking me detailed questions regarding the accident resulting in a huge savings on my yearly payment. Can’t thank her enough!”

PJ Mondani | Chain Sales Executive
Commonwealth Wine & Spirits Boston, MA

Testimonial

“I have always used Geico in the past because I assumed they had the best deals. When I moved to Massachusetts a friend suggested I check out Dowd and I’m glad I did! Kim made sure I had everything I needed to go to registry, as well as stamping my RV1, out of state tax form, and assisted me on cancelling my old plates and policy. They have a very friendly and knowledgeable staff”

Drew London | Assistant Golf Professional
The Country Club, Brookline MA

Testimonial

"The Dowd Insurance experience is unmatched. For me, it goes beyond the exceptional portfolio of products they sell, and it becomes a more personal engagement from top to bottom. My representative, Cynthia, is my trusted advisor for all things insurance. At Dowd it’s all about trust, the customer experience, and building a long-term partnership with their clients. The other guys make a 15-minute promise, and that's all you get."

Matthew Geary | HCM Consulting Sales Manager
Oracle Consulting

With niche experience serving municipalities and public agencies, the experts at Dowd Wealth Management work with you to implement a variety of spending strategies for municipal investment funds.

Types of Funds

We can serve your municipality in a number of ways:

We can assist with stabilization funds to ensure you set aside money for unforeseen needs or upcoming capital projects, like school construction or the acquisition of public emergency vehicles. We will assist you with fund maintenance and ensure they are compliant with all local laws and ordinances.
Municipalities occasionally receive payments through a municipal trust fund, holding custody over non-taxable money from restricted gifts or private donations to benefit the public. Dowd Wealth Management will help you establish and maintain a municipal endowment trust fund and invest the money based on safety, liquidity and yield.
We can ensure continued maintenance and upkeep of public cemeteries. A cemetery endowment fund is designed to ensure that income will always be readily available for the purpose of maintenance and upkeep of the cemetery.

How Dowd Will Help

We recognize that investment committees and treasurers have many responsibilities in addition to managing their municipal investment trust funds, which is why we will serve as your steward along the way. We’ll provide detailed reports to help you meet the Governmental Accounting Standards Board’s generally accepted accounting principles (GAAP).

As your advisor and a co-fiduciary, we’ll also use competitive proprietary research and analysis to objectively select and monitor investments. We pride ourselves on being a conflict-free consultant fiduciary you can trust. Contact us to learn more.

Types of Funds

How Dowd Will Help

Think about the things in your life that are most important to you. Let us help you ensure they are protected.