Top muni FAs through three quarters of 2020

By Aaron Weitzman

Published October 8, 2020 10:22 AM

|

Updated June 1, 2021 1:37 PM

1 Min Read

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.

PFM pushes further ahead

Public Financial Mangement extended its lead year-over-year with $50.07 billion and a 17.8% market share versus $43.51 billion and 19.3% share of the market.

PRAG safely in second

Public Resources Advisory Group found itself in second place again with a par amount of $33.92 billion or 12.1% share of the market.

Hilltop Securities stays in third

Hilltop Securities accounted for $21.18 billion and a market share of 7.5% to be squarely in third place.

Acacia doubles par amount from last year

Acacia Financial Group Inc., has a par amount of $10.03 billion and 3.6% share of the market, both increases from $5.02 billion and 2.2% it had during the same time period the year before.

Estrada Hinojosa triples its par

Estrada Hinojosa & Company Inc., saw huge year-over-year increases to $9.82 billion and 3.5% market share from $3.12 billion and 1.4% share of the market.

Rest of the best

The remaining top muni FAs are: Frasca and Associates with $8.37 billion; Piper Sandler and Co., with $5.93 billion; KNN Public Finance with $5.85 billion; Swap Financial Group LLC with $5.73 billion; And Kaufman Hall & Associates Inc., with $5.26 billion.

Markets Reporter

Aaron Weitzman currently covers a myriad of municipal topics on the sell side for The Bond Buyer. He is primarily responsible for covering the... Read full bio

Primary bond market

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