ASA has several investment vehicles to meet the needs of individual investors:

Individual Managed Accounts: ASA can build a customized municipal bond portfolio that meets a client's specific needs and preferences. Each portfolio is created in the client's own account at Charles Schwab & Co. The client retains direct ownership of the investments, and Schwab provides a variety of services, including 24-hour web access.

ASA Funds: ASA currently manages three limited partnerships; i) Transitional Funding Partners L.P. provides collateralized financing at lucrative interest rates. In the municipal sector, ii) ASA Tax Advantaged Relative Value Fund L.P., an after tax total return vehicle, invests in several hedged municipal strategies, while iii) ASA Municipal Convergence Fund L.P. invests in a particular structural dislocation municipal strategy that is exceptionally attractive.