Public Financial Management is a Philadelphia-based public finance

Public finance

Public finance is the revenue and expenditure of public authoritiesThe purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization.-Overview:The proper role of government provides a...

 financial advisory firm which focuses on asset management and consulting

Consultant

A consultant is a professional who provides professional or expert advice in a particular area such as management, accountancy, the environment, entertainment, technology, law , human resources, marketing, emergency management, food production, medicine, finance, life management, economics, public...

 services for municipalities, cities, schools, hospitals and other public entities. The company was founded in 1975 currently has 33 offices around the country.

Securities Data Corporation has ranked PFM as the number one financial advisory firm in the nation, based on transactions managed between 1984 and 2008 http://www.pfm.com/Results.htm. In 2008, PFM managed 689 municipal bond

Municipal bond

A municipal bond is a bond issued by a city or other local government, or their agencies. Potential issuers of municipal bonds includes cities, counties, redevelopment agencies, special-purpose districts, school districts, public utility districts, publicly owned airports and seaports, and any...

issues with a total value just under $43 billion http://www.pfm.com/Results.htm.