Pennsylvania Public Finance

Strategic investment in Pennsylvania’s future

As a dedicated public finance partner, Raymond James provides innovative strategies and client-focused service to debt issuers across the Commonwealth of Pennsylvania. Our work is fueled by the close relationships we continue building with issuers and defined by our deep commitment to the Commonwealth. Because this is our home, too.

Raymond James Public Finance in Pennsylvania ranks among the Top 10 underwriters of municipal bonds in the Commonwealth, and is the leading underwriter of K-12 issues in the Commonwealth.* With 21 municipal institutional sales professionals and approximately 170 fixed income generalists nationally, we strive to provide outstanding service at the lowest borrowing cost to our clients.

From new school and municipal buildings to utility projects, complex financing structures are often required to fund progress within communities. And as challenges grow to provide services within already stretched budgets, our veteran bankers and dedicated underwriters work with municipal issuers to provide tailored financing solutions to meet our clients’ unique needs.

12

public finance professionals located in the Commonwealth

544

associates working in 154 offices in 97 cities statewide

$38B

under management in 180,374 retail accounts serviced by 339 financial advisors in the state

Data as of March 31, 2023, unless otherwise noted
*Source: Bloomberg, based on total par amount (2022). Past performance may not be indicative of future results.

Full-service Capabilities

Services

  • Underwriting
  • Financial advisory/municipal advisor
  • Placement agent
  • Bond proceeds investment strategy
  • Derivatives advisory
  • Rating agency strategy
  • Debt portfolio analysis and structuring
  • Capital project planning
  • Financial/budget projections
  • Continuing disclosure dissemination agent

Issuers Served

  • Municipalities
  • Counties
  • School districts
  • Water and sewer/utilities
  • Economic development projects
  • Charter schools
  • Community colleges
  • Universities
  • Transportation authorities
  • Airports
  • Housing
  • Healthcare
  • Senior living

Team

Ken Phillips
Ken Phillips
Managing Director
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Scott Kramer
Scott Kramer
Managing Director
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Lou Verdelli
Lou Verdelli
Managing Director
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Lauren Stadel
Lauren Stadel
Managing Director
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Allie Macchi
Allie Macchi
Managing Director
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Mike McCaig
Managing Director
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David Eckhart
David Eckhart
Managing Director
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Patrick McGann
Director
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Ryan Brockman
Ryan Brockman
Vice President
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Cindy Hardy
Cindy Hardy
Associate
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Olivia Atlasik
Olivia Atlasik
Associate
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Megan Pinker
Megan Pinker
Senior Administrative Coordinator
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Featured Transactions

Public Finance Market Watch

In-depth and timely commentary and analysis on the municipal market from industry experts.