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Rankings

Top muni bond financial advisors first half 2020

ByAaron Weitzman
July 8, 2020 10:16 AM

Financial advisors in the municipal bond market accounted for $159.85 billion so far in 2020, more than the $138.61 billion in the first six months of 2019. There was only one change in the top five year-over-year.

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PFM leading the pack

Public Financial Mangement extended its lead year-over-year with $31.85 billion and a 19.9% market share versus $26.74 billion and 19.3% share of the market.

PRAG comes in a distant second

Public Resources Advisory Group found itself in second place again with a par amount of $18.79 billion or 11.8% share of the market.

Hilltop hovers in third

Hilltop Securities accounted for $11.69 billion and a market share of 7.3% to be squarely in third place.

Acacia again in fourth

Acacia Financial Group Inc., finished the half with $7.13 billion and 4.5% share of the market, both increases from $3.60 billion and 2.6% it had during the same time period the year before.

Estrada Hinojosa sees big gains

Estrada Hinojosa & Company Inc., saw huge year-over-year increases to $6.28 billion and 3.9% market share from $1.27 billion and 0.9%.

Rest of the best

The remaining top muni FAs are: Ponder & Co., with $3.42 billion; Kaufman Hall & Associates Inc., with $3.30 billion; Piper Sandler and Co., with $3.23 billion; Swap Financial Group LLC with $3.08 billion; And Frasca & Associates with $2.89 billion.
Aaron Weitzman
Markets Reporter , The Bond Buyer
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