Smart fixed income management can make the difference between weathering market uncertainty and getting caught off guard.

In this episode of Trust Company Talks, hosts Bill Noble and Burke Koonce are joined by Clay Young, founder of Charlotte-based Tannin Capital, for a conversation on municipal bonds, fixed income strategy and how technology has transformed bond portfolio management.

Drawing on over 25 years of experience, Clay explains how municipal bonds can serve as a steady foundation for wealth planning, offering tax efficiency and income potential while helping clients stay the course during market shifts.

Here's some of what they cover:

• How bonds work as loans with set terms and returns
• Tax advantages of municipal bonds for high earners
• Using volatility to rebalance and reinvest
• Technology that enables custom bond management
• Bond funds vs. separately managed accounts

This episode offers a clear look at how thoughtful bond allocation supports long-term planning, including real-world examples such as how Build America Bonds played a role in post-Katrina recovery, showing how fixed income strategy connects with broader financial and community outcomes.

Trust Company Talks is a production of Trust Company of the South, one of the premier wealth management firms in the Southeast. Trust Company is a privately held firm based in Greensboro, NC, with offices in Charlotte and Raleigh. You can find more episodes of Trust Company Talks on Apple Podcasts and Spotify. Receive the episodes as soon as they premiere by subscribing today.