# Herbert J. Sims & Co.

Herbert J. Sims & Co. is a Bank / Wealth / Trust based in Fairfield, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Fairfield, United States
- **Region:** North America
- **Address:** Fairfield, CT, United States
- **Founded:** 1935
- **Assets under management:** Undisclosed
- **Website:** hjsims.com
- **LinkedIn:** linkedin.com/company/herbert-j.-sims-capital-management-inc.

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1935 as a broker-dealer focused on municipal bonds, Herbert J. Sims & Co. underwrites tax-exempt debt for affordable-housing and healthcare projects. A partnership-owned entity, it serves institutional clients and high-net-worth individuals through its broker-dealer and registered investment-advisor affiliates. The firm deploys capital via municipal-bond underwriting, real-estate private placements, and fixed-income portfolio management, and sponsors direct real-estate funds that acquire multifamily properties in secondary and tertiary US markets. Underwriting and trading income exceed asset-management fees as a share of operating profit.

## Sectors

- Wealth Management
- Investment Banking
- Institutional Sales & Services

## Questions

### Who runs investment decisions at Herbert J. Sims?

Investment-banking and asset-management decisions are made by the firm's partnership-led committee structure. John O'Kane was named President in October 2022, succeeding William Sims, who remained Chairman through the transition. The fixed-income portfolio-management team operates under the firm's registered investment-advisor entity, with credit-committee oversight for real-estate fund acquisitions.

### How does Herbert J. Sims source deal flow?

The firm's underwriting pipeline originates from long-standing relationships with state housing-finance agencies, public housing authorities, and nonprofit developers that issue tax-exempt bonds. As an approved multi-family seller/servicer for Fannie Mae and Freddie Mac, the firm also sources loans that can be securitized through agency programs. Its private-placement real-estate funds acquire assets directly through broker networks in secondary and tertiary markets.

### Which sectors does Herbert J. Sims explicitly avoid?

The firm does not underwrite corporate equity offerings, venture-capital partnerships, or speculative-grade corporate debt. Its municipal-bond franchise focuses almost exclusively on housing and healthcare credits, avoiding general-obligation bonds for non-essential purposes, stadium financings, and distressed municipals. Real-estate funds avoid office, retail, and hotel properties, concentrating on workforce multifamily housing.

### Does Herbert J. Sims participate in fund commitments or only direct deals?

The firm's asset-management platform invests client capital into individual municipal bonds and direct real-estate assets rather than third-party fund commitments. Its own sponsored real-estate funds accept limited-partner capital for direct-property acquisitions. The firm has not historically acted as a fund-of-funds allocator to outside GPs.

### How is Herbert J. Sims related to federal housing agencies?

The firm maintains approved seller/servicer status with Fannie Mae and Freddie Mac for multifamily loans, and is approved to underwrite Ginnie Mae securities backed by FHA-insured mortgages. These relationships, built since the agencies' creation, allow the firm to originate and securitize loans through government-sponsored programs — a channel most boutique broker-dealers cannot access directly.

## Related profiles

- [Herbert J. Sims Capital Management](https://altss.com/profile/herbert-j-sims-capital-management)
- [Herez](https://altss.com/profile/herez)

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Last updated: 2026-07-11T16:25:43.000Z

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