Fixed Income Discount Advisory Company is a wholly owned registered investment advisor of Annaly Mortgage Management, a publicly traded real estate investment trust. Formed in 1994, the company is one of the leading fixed-income management firms in the world specializing in mortgage-backed securities and interest rate strategies. It manages private and public investment funds and separate accounts for high net worth individuals, municipal funds and school endowments. In addition, the company offers online stock quotes, charts, and price lockups and calculators. In addition, it offers investment advisory and consultation services to Prodesse Investment and manages numerous investment vehicles marketed worldwide through distributor relationships. The company is located in New York City.
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