BRADENTON, Fla. — Public Financial Management Inc. has hired David Eichenthal as a senior managing consultant to open the firm’s new office in Chattanooga, Tenn.

Eichenthal is working in PFM’s strategic consulting practice advising state and local governments on management and budget performance.

Most recently, he was president of the Ochs Center for Metropolitan Studies in Chattanooga, which performs research and data analysis for local nonprofit organizations and governments.

Eichenthal also served as a non-resident senior fellow for the Brookings Institution’s metropolitan policy program.

“As governments struggle to improve efficiency, accountability and performance while trying to lower costs to their taxpayers, David’s insights will prove invaluable,” said PFM’s Michael Nadol, a managing director and head of the strategic consulting practice.

Prior to joining the Ochs Center in 2005, Eichenthal was Chattanooga’s finance officer. Other positions he held with the city included director of the Office of Performance Review, chairman of the general pension plan and president of the Chattanooga Downtown Redevelopment Corp.

During his career, Eichenthal was chief of staff to the New York City public advocate. He also was assistant inspector general for policy for the New York City School Construction Authority and assistant deputy comptroller for special projects.

Eichenthal also taught at the Wagner School of Public Service. He will be a senior research fellow at the Center for Research in Crime and Justice at New York University School of Law in 2011 and 2012.

Eichenthal received a bachelor’s degree from the University of Chicago and a law degree at New York University.

“We see the Southeast as an excellent area of opportunity for David to bring his experience and knowledge to better serve our clients,” PFM managing director Lisa Daniel said. “We look forward to the opportunities for efficiency and ideas toward best practices that he can bring to municipalities throughout Tennessee and other Southeast states.”

PFM is the financial advisor to the state of Tennessee, and participated in helping the state draft extensive debt-management policies and rules on the use of derivatives for local governments.

The firm has been the top financial advisor in the Southeast for many years.

During the first half of this year in the Southeast region, PFM had $3.6 billion of sales in 53 deals, according to Thomson Reuters.

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