Integrity Fixed Income Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Integrity Fixed Income Management reports 44 clients. They include 36 state or municipal government entities, 3 other investment advisers and 2 charitable organizations. Of its assets, 100.0% ($921M across 44 accounts) are managed with discretion. Of its clients, 2% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Charitable organizations | 5% | 7% |
| State or municipal government entities | 82% | 56% |
| Other investment advisers | 7% | 27% |
| Insurance companies | 5% | 6% |
| Corporations and other businesses | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Charitable organizations | Fewer than 5 | $64.5M | 7.0% | $32.3M |
| State or municipal government entities | 36 | $518M | 56.2% | $14.4M |
| Other investment advisers | Fewer than 5 | $249M | 27.1% | $83.1M |
| Insurance companies | Fewer than 5 | $59M | 6.4% | $29.5M |
| Corporations and other businesses | Fewer than 5 | $31.1M | 3.4% | $31.1M |
| Total | 44 | $921M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $64.5M
- AUM share
- 7.0%
- Avg. per client
- $32.3M
- Clients
- 36
- Regulatory AUM
- $518M
- AUM share
- 56.2%
- Avg. per client
- $14.4M
- Clients
- Fewer than 5
- Regulatory AUM
- $249M
- AUM share
- 27.1%
- Avg. per client
- $83.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $59M
- AUM share
- 6.4%
- Avg. per client
- $29.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $31.1M
- AUM share
- 3.4%
- Avg. per client
- $31.1M
Total
- Clients
- 44
- Regulatory AUM
- $921M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 2%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Integrity Fixed Income Management is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Michelle Denney owns 50% to 75% of Integrity Fixed Income Management. Louie Denney is CEO; the leadership team includes President Michelle Denney, Chief Investment Officer Christopher Caputo and Chief Compliance Officer Giselle Casella. It has 6 employees, 5 of them in advisory roles.
Leadership
- Louie DenneyChief Executive Officer
- Michelle DenneyPresident
- Giselle CasellaChief Compliance Officer
- Christopher CaputoCo-Chief Investment Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Christopher John Caputo
- Erin Michelle Denney
- Louie Earl Denney JR
- Thomas Dennis Fant
- Corinne Sabrina Peripoli
Staff
- 6 employees
- 5 in advisory functions
- 5 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Integrity Fixed Income Management, LLC
Michelle Denney
Control person · since July 2015
- Owns 25% to 50% of Integrity Fixed Income Management, LLC
Louie Denney
Control person · since July 2016
- Owns 10% to 25% of Integrity Fixed Income Management, LLC
Christopher Caputo
Control person · since February 2025
Integrity Fixed Income Management’s regulatory assets grew 1.9× from $494M (March 2021) to $921M (April 2026); clients rose from 33 to 44 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $921M | 44 | 6 | 1 |
| March 2025 | $844M | 45 | 6 | 1 |
| March 2024 | $730M | 38 | 5 | 1 |
| March 2023 | $620M | 34 | 5 | 1 |
| March 2022 | $643M | 34 | 6 | 1 |
| March 2021 | $494M | 33 | 5 | 1 |
Besides its headquarters, Integrity Fixed Income Management has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 651 Bryn Mawr St, OrlandoHQ
Contact and registration details
- Legal name
- Integrity Fixed Income Management, LLC
- Headquarters
- 651 Bryn Mawr St, Orlando, FL 32804
- Website
- integrityfi.com
- Phone
- 407-481-2420
- @integrity-fixed-income-mgt.-ll
- SEC file
- 801-67633
- Structure
- Florida LLC
- Fiscal year end
- December
Integrity Fixed Income Management uses State Street ($173M, 23%), Fifth Third Bank ($157M, 21%) and Regions Bank ($157M, 21%), among others, as custodians for its separately managed accounts. Integrity Fixed Income Management does not have custody of client assets.
- Salem TrustSalem Trust · Tampa, FL · $136M18%
- Regions BankRegions Bank · Birmingham, AL · $157M21%
- Northern Trust SecuritiesNorthern Trust Securities, Inc. · Chicago, IL · $121M16%
- State StreetState Street · Boston, MA · $173M23%
- Fifth Third BankFifth Third Bank · Cincinatti, OH · $157M21%
At year end, Integrity Fixed Income Management’s separately managed accounts were mostly in bonds (99%).
What the accounts hold
- Bonds99%
- Investment grade corporate bonds48%
- U.S. government and agency bonds47%
- State and local bonds4%
- Cash1%
How many clients does Integrity Fixed Income Management have?
Integrity Fixed Income Management has 44 clients and manages $921 million for them, as of April 2026. They include 36 state or municipal government entities, 3 other investment advisers and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 April 2026
What services does Integrity Fixed Income Management offer?
Integrity Fixed Income Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Integrity Fixed Income Management use?
Integrity Fixed Income Management’s separately managed account assets are held at State Street (Boston, MA), with $173M, Fifth Third Bank (Cincinatti, OH), with $157M, Regions Bank (Birmingham, AL), with $157M, Salem Trust (Tampa, FL), with $136M and Northern Trust Securities, Inc. (Chicago, IL), with $121M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 April 2026
How many financial advisors does Integrity Fixed Income Management have?
Integrity Fixed Income Management has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Integrity Fixed Income Management invest in?
At the end of its last fiscal year, Integrity Fixed Income Management’s separately managed accounts held 48% investment grade corporate bonds, 47% U.S. government and agency bonds, 4% state and local bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Integrity Fixed Income Management?
Integrity Fixed Income Management’s direct owners are Christopher Caputo (10% to 25%), Louie Denney (25% to 50%) and Michelle Denney (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 10 April 2026
How does Integrity Fixed Income Management get paid?
Integrity Fixed Income Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Integrity Fixed Income Management?
Integrity Fixed Income Management’s main office is at 651 Bryn Mawr St, Orlando, FL 32804. Its phone number is 407-481-2420. Its website is integrityfi.com.