Public Financial Management Inc. signaled continued growth in the municipal market by naming five new managing directors last week. The new partners, promoted in-house, work in different offices and perform a wide variety of tasks in line with the firm’s expectation of a robust market this year.

Last year PFM maintained its position as the country’s largest financial adviser in the public finance industry. The firm pulled off a record year as its 32 offices worked on 829 deals valued at $51.5 billion, giving it a 16.4% market share according to Thomson Reuters.

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