BAM Mutual launches new effort to engage next generation of financial advisors and investors around municipal credit

NEW YORK, Oct. 6, 2026 /PRNewswire/ — Individual investors remain the backbone of the U.S. municipal bond market, but demographic shifts among buyers and financial advisors are creating a growing need for the industry to educate and engage the next generation in order to keep pace with needed investments in essential infrastructure.

BAM Mutual, a mutual municipal bond insurer that has helped more than 6,000 communities finance more than $190 billion of investments in all 50 states, is responding to that shift with a new effort to broaden engagement with growth-oriented financial advisors and investors. BAM’s outreach includes new online resources and social media outreach, organized around the message that BAM’s focused underwriting, data collection and analysis, and risk management policies deliver bonds that are “Built for Enduring Strength.”

“As a mutual insurer, BAM serves our municipal-bond issuer members by utilizing our strong and durable guaranty to lower their cost of borrowing by enhancing market access and transparency,” said BAM Chief Executive Officer Sean W. McCarthy. “This targeted outreach to new investors advances that mission and will support more upgrades to roads, bridges, water systems, schools, and other crucial projects.”

BAM’s initiatives come as the municipal bond market is poised to complete a third consecutive record year for new-issue sales, which are likely to pass $600 billion for the first time in 2026. The vast majority of that new financing has been provided by individual investors, who hold more than 40% of outstanding municipal bonds, according to Federal Reserve data.

Ensuring the stability of that demand has been a longstanding priority for the market, given demographic trends. A 2019 Municipal Securities Rulemaking Board report found the average municipal bond investor was 61 years old, and many of the financial advisors who have specialized in municipal bond sales are also nearing retirement.

“The municipal bond market can be intimidating for first-time investors: There are more than 50,000 individual borrowers, and hundreds of distinct revenue streams and legal structures,” said BAM Head of Investor Relations Don Farrell. “BAM’s guaranty and AA/Stable rating are particularly important to retail investors because they increase confidence that every principal and interest payment will be made when due.”

To learn more about BAM and “Built for Enduring Strength,” visit: bambonds.com/strength

About BAM Mutual
BAM is a mutual bond insurance company operated for the benefit of its members – the cities, states and other municipal entities that use BAM’s financial guaranty to lower their cost of borrowing. BAM is the preferred provider of bond insurance for the National League of Cities and is rated AA with a Stable outlook by S&P Global Ratings. As of June 30, 2026, there were more than $145 billion of BAM-insured municipal bonds outstanding for more than 5,800 member-issuers. Learn more at https://www.bambonds.com

Media Contact:
Michael Stanton, Head of Corporate Strategy and Communications
212-235-2575
mstanton@bambonds.com 

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SOURCE BAM Mutual