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
A Mixed Bag of Data
Inflation, employment and GDP growth data received in April all contributed to declines in stock and bond prices. During April, Fedspeak focused on patience with respect to a potential rate cut. In his press conference following the May 1, 2024, FOMC meeting, Federal Reserve Chairman Powell noted a “lack of further progress” regarding inflation data, while reiterating that policy remains sufficiently restrictive.
SEMI-ANNUAL MARKET OUTLOOK | WINTER 2023-2024
Positive Expected Returns in 2024
As we put the finishing touches on another wild year for the global capital markets, we expect positive returns to continue in 2024, despite our expectations for a slowing economy. We find ourselves in a market shaped by both challenges and opportunities.
READ MORE
PMA Financial Network, LLC Welcomes Brady Brucato, as Coordinator, Sales and Relationship Management
PMA, a premier full-service provider of financial and advisory services to local governments, is pleased to announce that Brady Brucato, has joined the New York Liquid Asset Fund (NYLAF) 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 March 31, 2024, the PMA companies had over $46 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
Independent School District No. 891 (Canby Public School District)
Lac qui Parle, Lincoln and Yellow Medicine Counties, Minnesota
Time of Sale: Wednesday, April 3, 2024 | 10:00 A.M. CDT (via Parity)
Par Amount: $1,530,000*
Maturity: February 1, 2026 – 2043
Issue Name: General Obligation Facilities Maintenance Bonds, Series 2024A
Callable: The Bonds due on or after February 1, 2034 are subject to optional redemption prior to maturity in whole or in part on February 1, 2033, and on any date thereafter at a redemption price of par plus accrued interest to the date of optional redemption.
Bank Qualified: Yes
Insurance: N/A
Credit Rating: S&P: “AAA” Minnesota School District Credit Enhancement Program
S&P Underlying Rating “A+” (Stable Outlook)
Delivery Date: On or about May 1, 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
A Note From Our CEO
"There is so much that matters to me as I reflect on my time with PMA. First and foremost, I think we are making a difference and have a great purpose, as we get to serve the public sector. I also value tremendously our culture, which not only provides individuals a seat at the table, it also fosters and grows their voices so they can help us innovate faster and grow stronger. It’s great to hear different perspectives, mindsets and experiences as we work on numerous projects and find ways to collaborate as one. Finally, I truly enjoy working in an environment in which we help each other just as much as we help our clients."
For more than 35 years, PMA has evolved into a comprehensive financial services provider to public entities and other institutions. Simply put: PMA is a family of financial services companies that help our clients grow and prosper.
PMA has always been focused on generating value for its clients, and we have thrived on collaborative effort and an innovative spirit. Our size, our people, and our values keep that truth at the center of our work. As a fiduciary, we put our client’s best interests first, because we know that with strong relationships at heart, when communities work, we all win. At PMA, it all adds up to good.
