With his impressive knowledge of the financial world, in addition to years of experience in investment management, it’s hard to believe that MPI Investment Management founder David Pequet’s successful career began almost by accident 37 years ago. At that time, David had just finished a career in the U.S. Naval Aviation pilot program, after receiving an engineering degree at Michigan State University, and was visiting a friend in Hinsdale. While in the area, he was offered and accepted a position as a stockbroker—and never looked back. In 1986, he started MPI Investment Management, a registered investment advisory firm, which quickly became highly respected and nationally recognized, known for the unmatched knowledge, experience, and strong work ethic of its team members.
As independent registered investment advisors, David and his team at MPI Investment Management advise their many clients—from high net worth individuals to institutions—on money management. “Our niche is that we are primarily a fixed income manager, and our style utilizes short to intermediate maturities of very high-quality bonds, both taxable and tax-free. We also have a conservative balanced account style using both stocks and bonds,” David explains. The advisers at MPI have experience working with a range of clients, including municipal accounts in Michigan, five police and fire department accounts in Illinois, and a large account for the nuclear energy industry in Washington, D.C. With such a background, their knowledge of the industry is difficult to beat.
The boutique-like quality of MPI Investment Management has also been a significant benefit for the firm’s many clients. “We are independent and have always been independent. Many money management firms have ties to a parent company like a bank or a brokerage firm and lack an objective arm’s-length relationship, which is very important in this day and age,” David says. “We have no bias toward any particular product because we don’t engineer or sell products. We just give advice—and that independence is important.”
Another advantage that MPI Investment Management offers its clients is the opportunity to work with its experienced group of advisors. “Our team has been together for quite some time,” David says. “We have a published track record for our fixed income performance that is 21 years long. It’s unusual in the industry to have a track record that goes back that long and with the same management team in place.” The team at MPI consists of David, his colleague Brad [A1] Smith, who has been with the company for 21 years, and David’s son, Matt Pequet, who has worked alongside his father for nine years. Together, they have served many clients, giving them the experience that is necessary to flourish in the investment management industry.
In fact, when it comes to investment management firms, experience is perhaps the most significant factor that contributes to success. With 26 years of business, and a proven track record through good markets, poor markets, and everything in between, the advisors at MPI Investment Management truly stand apart from others in their field. “I’ve been in the business for 37 years, and there is no substitute for experience,” David says. “We know the good side of the market and the bad side of the market. It is easy to make money when the market is strong; the test is how good you are at money management in difficult markets.” Whether the economic outlook is bleak or bright, the advisors at MPI Investment Management have the skills and expertise to help each client make the most of their investments.
MPI Investment Management is located at 15 Salt Creek Lane, Suite 404, in Hinsdale. For more information, call 630-325-6900, or visit mpi-invest.com.
Words by Jenna Schubert
