Peter M. Demirali, 52, of Mendham, N.J., a managing director at Cumberland Advisors died suddenly on October 30.

For the past 10 and a half years, Demirali was an investment advisor and portfolio manager at Cumberland Advisors, where he had a significant role in building the firm’s money management business. On the portfolio side, Demirali specialized in managing taxable bond portfolios, including Individual Retirement Accounts, Keoughs and pension retirement accounts, which owned taxable municipal bonds as well as Build America Bonds. He also managed the firm’s taxable municipal bond portfolios.

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