OUR FINANCIAL SOLUTIONS
Self-Directed Investments
PMA has developed a unique set of investment products and services designed to maintain safety of principal, adequate liquidity and maximize interest earnings with a focus on short-term investment horizons.
PMA Asset Management –
Investment Advisory Services
As a fiduciary, PMA Asset Management provides customized investment advisory services to public entities, insurance companies and other institutional investors. Offerings include pooled and separately managed account solutions.
Public Finance
PMA Securities’ Public Finance Team performs a number of services for its clients, ranging from the development of funding plans for capital projects to facilitating the debt issuance process.
Investment Pool Services (LGIPs)
PMA has significant experience in all aspects of investment pool management and operations. Our LGIP services include administration (transfer agency and fund accounting), marketing and distribution, investment advisory (through PMA Asset Management) and fixed rate investment programs.
Funding Solutions
PMA Funding provides a variety of deposit and collateralization vehicles to develop sound funding solutions for financial institutions.
Market Research & Articles
FEATURED MARKET DATA
Strong Bond Returns
Third quarter bond returns were the strongest since the 4th quarter of 2023. Bond yields declined during the quarter as Fedspeak leaned dovish with the Fed refocusing attention on risks to the labor market. In September, the Fed completed its pivot with a more aggressive than expected 50 basis point rate cut.
SEMI-ANNUAL MARKET OUTLOOK | SUMMER 2024
Change is a Good Thing
While we expect U.S. economic growth and inflation to moderate in the year ahead, the probability of a recession has increased somewhat in our view. The market was overly concerned last year that monetary policy was going to tip the US economy into recession.
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Luis Estrada Joins the OLAP and PMA Team
PMA, a premier full-service provider of financial and advisory services to local governments, is pleased to announce that Luis Estrada has joined the Oklahoma Liquid Asset Pool (OLAP) team as Coordinator, Sales and Relationship Management.
Yearly Highpoint
*Money market pool assets for which the PMA companies serve as fund administrator/accountant, marketer/distributer, and fixed income program provider (brokerage services).
**PMA Asset Management provides investment advisory services to public clients. AUM includes the total market value of assets that PMA Asset Management manages through investment advisory or separate institutional accounts, on behalf of its clients.
Frequently Asked Questions
01.Who is PMA?
PMA is a national Firm comprised of three distinct companies, PMA Financial Network, LLC, PMA Securities, LLC, and PMA Asset Management, LLC (collectively “the PMA companies”), which together provide customized, integrated financial solutions to the public sector and related entities, insurance companies and other institutions.
02.Who does PMA serve?
Collectively, the PMA companies serve over 4,000 municipalities, school districts, local government investment pools, insurance companies and other institutions across 12 states by providing investment, financial management and fund administration services.
03.Does PMA work with Financial Institutions?
Yes! PMA has a Bank Funding division designed exclusively to help banks develop a diversified funding strategy through reliable funding sources. PMA Funding is a service of PMA Financial Network, LLC and PMA Securities, LLC, and provides over 1,000 financial institutions with a broad array of cost effective funding alternatives.
04.How much in total assets does PMA manage/administer?
As of June 30, 2024, the PMA companies had over $45 billion in assets under administration. Total assets under administration include both money market pool assets for which the PMA companies serve as fund administrator/accountant, marketer/distributor, fixed income program provider (brokerage services), and/or investment advisory, or separate institutional account management.
05.How can PMA help my entity/institution?
The PMA companies offer a full range of products and solutions for public funds management, the public finance manager, insurance companies and other institutions. We focus on managing risk, solving problems and creating efficiencies for our clients. PMA is partner-focused, not product-centric. Our goal is to achieve long-term financial success for our clients.
06.What services does PMA offer?
The PMA companies can provide investment management, fixed income investment products and services, public finance/municipal advisory services, as well as comprehensive services for LGIP clients which include portfolio management, fund administration and marketing. In a nutshell, our services include self-directed investments, investment advisory services, public finance and investment pool services (LGIPs).
07.Where is PMA located?
PMA is headquartered in Naperville, IL, but also has office locations in Florida, Iowa, Minnesota, Missouri, Nebraska and Wisconsin. We have 150+ employees to meet the ongoing needs of our clients. Our addresses and contact info can be found here.
Upcoming Bond Sales
Madison Area Technical College District, Wisconsin
Time of Sale: Tuesday, October 15, 2024
10:00 a.m. CDT (via Parity)
Par Amount: $3,000,000
Maturity: March 1, 2025 and March 1, 2027
Issue Name: General Obligation Promissory Notes, Series 2024-25D
Callable: The Notes are not subject to redemption prior to maturity.
Bank Qualified: No
Insurance: N/A
Credit Rating: S&P “AAA” (Stable Outlook)
Delivery Date: On or about November 5, 2024
POS & NOS: Click HERE to download
* All above information is subject to change
Meet Our Team
Get to know PMA’s leaders who are focused on achieving long-term financial success for our clients.
Department Directory
Have a question? Click below for direct access to each of PMA’s departments and lines of business
