Income Research + Management

Overview

Income Research + Management (IR+M) is a privately-owned, independent fixed income investment management firm based in Boston, Massachusetts. Founded in 1987 by John and Jack Sommers, the firm specializes in managing U.S. dollar-denominated fixed income portfolios for institutional and private clients. IR+M offers a range of broad-market and focused fixed income strategies, including cash management, insurance solutions, liability-driven investing, stable value, sustainable investing, and tax-aware investing. The firm's investment philosophy emphasizes careful security selection and active risk management to achieve superior long-term results. IR+M maintains a collegial culture that fosters collaboration, respect, positivity, and motivation among its employees. The firm is committed to delivering results for clients, providing growth opportunities for colleagues, and supporting the community. As of June 30, 2023, IR+M is approximately 84.78% employee-owned by 68 employees. The firm's assets under management (AUM) were reported as $102 billion as of June 2024. IR+M's leadership team includes Jack Sommers as Chairperson and Bill O'Malley as CEO.

Investment Focus

• Institutional investors
• Private clients