Thomas G. Doe

Headquartered in Concord, Massachusetts, Municipal Market Advisors (MMA) is a specialized analytical firm for the municipal bond market. They provide services to a diversified client base, which includes: investment banks, hedge funds, financial advisors, issuers and insurance companies. The firm formulates top-down strategies in the tax-exempt and broader interest rate markets. Their research places current market conditions in a historical context in order to increase the probabilities of success for transactions in the municipal cash and derivative markets. MMA's research is a focused review and look ahead to influential factors and events in the tax-exempt bond market. Both micro and macro issues that exert pressure and create opportunity are evaluated by MMA. MMA was founded in 1995.

Cutler Investment Corp is a hedge fund company located in Concord, Massachusetts. They manage the Trendline Fund.