Solving Financial Needs for communities, HOAs, non-profits & Schools Since 1983
In 1983, Nico recognized an untapped opportunity to revolutionize how community associations managed their reserves. Determined to address the unique needs of these organizations, he launched the very first Cash Management for Community Associations program while at Merrill Lynch. This innovative program seamlessly combined a money market fund for liquidity with access to over 300 FDIC-insured institutions to purchase certificates of deposit (CDs) and US Treasuries. This groundbreaking approach allowed Nico to invest unlimited funds for communities while ensuring full FDIC insurance coverage across the entire portfolio—a first in the industry.
In 1989, they developed their proprietary “Needs-Based Analysis.” This innovation created detailed forecasting algorithms for the future financial needs of community associations. It strategically matched their needs with a tailored investment approach for each client, utilizing various secure financial instruments.
Today, The March Group continues to build on Nico’s pioneering vision, helping community associations, HOAs, non-profits and schools world-wide manage their reserve funds with care, precision, and innovation. Through a strategic blend of experience, technology, and personalized financial solutions, The March Group remains committed to empowering clients, helping them build firm financial foundations.
"Take care of your clients and they will take care of you."
The March
Group story
In 1978, Nico volunteered for his first board membership, serving as the Treasurer for his homeowner’s association. At that time, he read the governing corporate documents which stated “all funds must be invested in insured accounts” and thought there must be a simpler way to help protect, maintain and enhance the assets for his community without increasing the risk. Several years later, he followed his father’s footsteps into finance and joined Merrill Lynch, still thinking about his community. This was the early 1980’s and most “stockbrokers” were more interested in IPOs, stock trading and big commissions versus financial planning and suitable ways to invest funds for their clients.
Nico decided to focus on this niche and in 1983 rolled out the very first Cash Management for Community Association program. It combined a short term money market fund for liquidity and immediate cash needs, as well as access to over 300 FDIC insured institutions for the purchase of CDs. With this simple beginning, Nico was able to invest unlimited funds for communities while maintaining insured coverage on the complete portfolio. In 1989, with the introduction of computer technology, Nico developed the precursor to the “Needs-Based Analysis” utilizing Lotus 1-2-3 to prepare a spreadsheet that outlined the future needs for associations and then matched those with specific investment vehicles, CDs and more.
In 1980
By 1994
Late 1990's
Early 2000’s
Why work with The March Group?
Over 4 Billion Dollars invested for our clients since 1982
Focus on Businesses and their specific cash flow needs unlike banks or other advisors that provide cookie-cutter funds or risky investments
Developed the first process-driven approach for Corporate Cash Management
Holistic investment management encompassing both assets and liabilities, short and long term investments and credit needs
Global reach and street-wide resources with local feel
Customer-centric Team with over 111 combined years of investment management experience
Developed and provide ongoing certified education courses for CAMs in several states
Published over 100 articles and co-authored book, How & Why Community Associations Invest Assets
