Fisher ALM Advisors — Ongoing Advisory
ALM Advisory
Services
Quarterly opinion reports and continuous access to Fisher ALM Specialists — your credit union's dedicated partner for navigating rate risk, regulatory findings, and forward strategy.
Quarterly Opinion Reports
Historical risk posture · Policy compliance · Forward strategy
Tailored Per Institution
Custom analysis built on your credit union's own data
Ongoing Specialist Acces
Any ALM question, any time — including regulatory findings
ALM Advisory Services Quartlerly Opinion ━━
Your Risk Story,
Every Quarter
Fisher ALM Advisors offers a special service of providing quarterly opinion on the client’s risk posture. This report provides a historical visual of a credit union's risk over time. It identifies actual liquidity measurements and policy guidelines. It also identifies the assumptions being used, current economic measurements, and suggestions for thought on forward strategies.
What the Opinion Covers
Each quarterly opinion identifies actual liquidity measurements against policy guidelines, documents the assumptions in use, provides current economic measurements, and offers actionable thoughts on forward strategies
━━ Whats Included ━━
Fisher ALM Advisory services provide ongoing access to Fisher ALM Specialists for asking any and all ALM questions, including regulatory findings.
Critique of Model Findings
Critique of model findings involves challenging assumptions, testing sensitivity, and assessing data quality to ensure ALM results are robust and credible.
Model Assumptions
Model assumptions are the inputs—like interest rate paths and prepayments—that define a scenario's logic and determine the validity of ALM outputs.
Current risk positions and policy guidelines
Current risk positions measure existing exposure, while policy guidelines set the limits and rules used to keep those risks within the firm's appetite.
The Economy
The economy is based on current GDP, Inflation, and Unemployment Rate. We write our own opinion on the future economy based on these primary factors.
Future strategies
Future strategies involve rebalancing portfolios to align projected risk with long-term targets, ensuring stability in changing markets.
Direct Client Support
Regulatory findings identify gaps in compliance or risk control, while recommendations provide the roadmap to align ALM practices with legal standards.
ALM Advisory Services FAQs
What is the primary goal of ALM Advisory services?
The goal is to optimize the balance sheet by managing the trade-off between risk and return. Advisors help ensure that your credit union maintains adequate liquidity and measures risk compared to policy guidelines. Based upon this analysis we determine our recommendations for your credit union.
How do you address Interest Rate Risk (IRR)?
We utilize sophisticated cash-flow modeling—such as Net Interest Income (NII) simulations and Economic Value of Equity (EVE) sensitivity analysis—to quantify how different rate environments impact your bottom line and long-term capital.
Can advisory services help with regulatory compliance?
Yes. We ensure your ALM framework meets regulatory standards. This includes independent development of critical ratios compared with the credit unions custom policy guidelines, stress testing, and documenting policy adherence for examiners.
How do you handle non-maturity deposit (NMD) assumptions?
We prefer to use the NCUA Standardized Values when valuing your non-maturing shares and use conservative decay factors in developing liquidity cash-flows. However, we will override this mythology with custom client definitions.
How often should we conduct an ALM review?
While monitoring is ongoing, a comprehensive advisory review is typically conducted quarterly. However, significant market shifts or internal balance sheet changes may trigger more frequent analyses. Whenever, material new balance sheet strategies are proposed what-if analysis should be created as requested by the regulators.
What are the risks that Fisher ALM Advisors model?
We measure liquidity, rate, market, and concentration risk using a third-party validated cash-flow model.
Why should we outsource ALM instead of doing it in-house?
Outsourcing provides access to advanced modeling software and specialized expertise without the overhead. It also offers an independent, third-party perspective that regulators often prefer.
What deliverables should we expect?
In this website there are examples of the reports that we provide.
TESTIMONIAL
What Clients Say
I highly recommend Fisher-ALM Advisors as an asset-liability management partner. Working directly with the company’s president, Ray Fisher, has been an excellent experience for our credit union.
Their reports provide exactly what is needed to demonstrate effective interest rate risk management to the NCUA. Mr. Fisher is exceptionally knowledgeable regarding NCUA regulations and is always available to discuss strategy or create "what-if" scenarios as needed. While he offers expert guidance, he remains respectful of the fact that we ultimately control our own balance sheet.
Additionally, the training they provide is easy to understand and reasonably priced. We have found that the personalized attention of a smaller ALM firm is a perfect fit for our needs.
Judy M Bleichfeld
CEO, Morton Lane Federal Credit Union
Buffalo NY
Have a Question? We Can answer it.
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