Personalized muni SMAs for all. Zero extra work for you.
Deliver state-tax savings and up to an extra 100 basis points of yield through personalized municipal bond portfolios - all automated for your practice
Trusted by RIAs nationwide
The muni bond dilemma you face
Current solutions force advisers to choose between generic products and exhausting customization
One-size funds
Generic muni funds can't personalize for horizon, cash flow, or state tax optimization—leaving yield on the table
Traditional sub-advisers
High minimums ($250k+), expensive fees, and rigid model portfolios that don't reflect client values
In-house bond picks
Time-intensive analysis of tax-equivalent yields, call schedules, and 100,000+ market prices daily
Munifi knows muni bonds
Advanced technology meets municipal bond expertise to create truly personalized portfolios
Full-market scan
AI & econometrics analyze the entire muni universe daily to find optimal opportunities across all bond issues
Personalized portfolios
Customized for each client's tax profile, cash-flow needs, investment horizon, and social values
Zero minimums / low fees
Low AUM fee with no account minimums or platform fees—accessible for all client sizes
Flexible custody
Custody at Apex or integrate with your existing broker-dealer for seamless operations
Upgrade to the Intelligent SMA by Munifi
How the Intelligent SMA Works
Systematic Scanning
Continuously scans your muni-fund/ETF positions for improvement opportunities
Smart Replacement Criteria
Only swaps when doing so boosts after-tax yield without extending duration or lowering credit quality
Hand-Picked Municipal Bonds
Carefully selected individual bonds that meet your specific criteria and values
Systematic yield improvement with zero extra work
Simple, transparent pricing
Fees kept low by automation. No account minimums
Munifi is an SEC-registered robo-adviser
How Munifi compares
See why personalized SMAs outperform traditional solutions
| Feature |  Munifi | Mutual Funds & ETFs | Other Bond SMA Sub-Advisers |
|---|---|---|---|
| Social Value Alignment | |||
| Tax Efficient (State & AMT) | Limited | Limited | |
| Cash Flow & Horizon Matching | Limited | ||
| Analyzing All Munis All the Time | |||
| Zero Minimums |
Getting started is simple
Three easy steps to start delivering personalized muni portfolios to your clients
Upload client information
Bulk upload client data or send clients a simple setup link.
Sign sub-advisory agreement
Simple agreement process, just like adding an ETF or mutual fund.
Fund accounts
Multiple funding methods available.
Built by experts who understand your business
Our team pairs Goldman Sachs investment experience with engineers who built fintech software that helps power Rocket Money, Amex, and Chime.