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Corporate Bonds: Predictable yields provide retirement appeal

Articles & Interviews | Aug 7, 2019 | Constantine Mulligan

Partner Constantine Mulligan was quoted in Retire Ahead about the role corporate bonds can play in a retiree’s investment portfolio.


Retire Ahead, Corporate bonds: Predictable yields provide retirement appeal – In this installment, we take a look at corporate bonds. When you think about a company raising capital, the first idea that likely comes to mind is selling stock, and the second is borrowing money from the bank. But there’s a third way many corporations raise cash: by selling bonds, just like governments do.

When a corporation issues bonds, it is basically borrowing money directly from investors rather than from a bank. The corporation pays a set interest rate on the bond and returns the principal when the bond matures (or sooner in some cases, if the bond is “callable”).

Constantine Mulligan

PARTNER

Constantine is a Partner and Director of Investments for the Retirement Plan Services group. He is a member of firm’s Investment Committee, helping to shape its investment philosophy and strategy.  He also serves as a subject matter expert in the area of investment management for corporate retirement plans. Constantine has more than 15 years of experience working with institutional clients.

Prior to joining Cerity Partners, he was a Managing Partner and Chief Investment Officer at Blue Prairie Group where he oversaw the firm’s investment office, managed investment personnel, and directed the firm’s investment management and due diligence processes.  He also directly served the firms retirement and high net worth clients. Constantine also worked as an Investment Advisor and Operations Manager at both RH Financial Group and Results One Financial.

He earned his Master of Business Administration from DePaul University and his Bachelor of Science degree in Finance from Northern Illinois University. Constantine is a Chartered Financial Analyst and a member of the CFA Institute. He holds the Series 65 securities license.

Constantine goes by “Connie” and lives in the Chicago area.  He has two grown daughters and a Shiba Inu named Sheba.  He enjoys traveling, golfing, fitness, and woodworking.  He is also a Chicago sports fanaticand can often be found at a Bears game on Sunday during football season.

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Katherine Willis

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Curious about learning more? Let’s talk.

Tell us about yourself and your current financial situation without cost or obligation. Receive an introduction to a wealth management colleague, have a personal conversation, and get your questions answered.

By clicking “Submit”, you acknowledge that we collect your name, email address and phone number to respond to your inquiries and provide you information about our products and services in accordance with our Privacy Policy. If you are a California resident, please see our CCPA Notice to California Residents.