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Municipal Advisor Firms

MSRB-Registered Municipal Advisor Firms and Qualified Representatives and Principals

The Municipal Advisor Firms tab displays municipal advisor firms registered with the MSRB with at least one individual associated with the firm who has passed the MSRB’s Municipal Advisor Representative Qualification Examination (Series 50).1

Municipal advisor firms must have at least one individual appropriately qualified who has passed the Series 50 exam in order to engage in municipal advisory activities. Municipal market participants should closely review this list as part of evaluating the qualifications of a municipal advisor firm. Any entity that is engaging in municipal advisory activities on behalf of a municipal entity or obligated person client without having taken the necessary steps to become a duly registered municipal advisor firm – meaning having filed Form MA (Application for Municipal Advisor Registration) and Form MA-I (Information Regarding Natural Persons Who Engage in Municipal Advisory Activities) with the SEC and Form A-12 with the MSRB – could be deemed an unregistered municipal advisor firm, which is a violation of MSRB rules and other federal securities laws.

The link on this tab facilitates access to the required disclosures that municipal advisor firms make to the U.S. Securities and Exchange Commission (SEC) on SEC Forms MA and MA-I. These disclosures may include information about criminal actions, regulatory actions, investigations, terminations, judgments, liens, civil judicial actions, customer complaints, arbitrations and civil litigation, if any. Read more about working with municipal advisors in the MSRB Education Center. 

Click on a firm or individual’s name below to access the filings made with the SEC.

Only those MSRB-registered municipal advisor firms who have at least one Series 50-qualified representative can be found in the list below.

Find a Firm:
Show entries:
Firm Name MSRB ID State Registrant Type Sort descending
AE2S Nexus, LLC K1086 ND Municipal Advisor
Principal Name
Graf, Ryan
Zions Public Finance, Inc. K1080 UT Municipal Advisor
Abdo Financial Solutions, LLC K1075 MN Municipal Advisor
Principal Name
Holthaus, Victoria
KNN Public Finance, LLC K1151 CA Municipal Advisor
Zomermaand Financial Advisory Services, LLC K0500 FL Municipal Advisor
Representative Name
Zomermaand, Deborah
Principal Name
Zomermaand, Deborah
Agecroft Partners LLC K1201 VA Municipal Advisor
Representative Name
Fleckenstein, Cara
Kennedy, Corey
Principal Name
Kennedy, Corey
Kosan Associates K0269 FL Municipal Advisor
Representative Name
Sands, Charles
Principal Name
Sands, Charles
Bosque Advisors, LLC K1301 NM Municipal Advisor
Principal Name
Valenzuela, Mark
AKF Consulting LLC K0479 NY Municipal Advisor
Principal Name
Feirstein, Andrea
Kosmont Transactions Services, Inc. K1256 CA Municipal Advisor
KPM Financial, LLC K0836 NC Municipal Advisor
Representative Name
Kern, Bryan
Saunders, Paul
Principal Name
Kern, Bryan
Cornerstone Health Advisors LLC K1306 VA Municipal Advisor
Representative Name
Brown, Michael
Principal Name
Brown, Michael
BLUESTEM CAPITAL PARTNERS, INC. A4635 NE Municipal Advisor
First Tryon Advisors, LLC K1304 NC Municipal Advisor
Hayat Brown, LLC K1298 DC Municipal Advisor
Representative Name
Boss, Jenifer
Sheikh, Affan
Principal Name
Boss, Jenifer
AMD Capital, LLC K1203 IL Municipal Advisor
Representative Name
Armour, Robin
Principal Name
Armour, Robin
Lamont Financial Services Corporation K0110 NJ Municipal Advisor
American Deposit Management LLC K0353 WI Municipal Advisor
Principal Name
Major, John
Sutton, Maya
Larsen Wurzel & Associates, Inc. K0689 CA Municipal Advisor
Representative Name
Lee, David
Soper, Patrick
Wurzel, Seth
Principal Name
Wurzel, Seth
P3 Municipal Advisors LLC K1300 TX Municipal Advisor
Representative Name
Meister, Richard
Principal Name
Meister, Richard
Larson Consulting Services, LLC K0712 FL Municipal Advisor
Representative Name
Larson, Jeffrey
Sydney, Nicole
Principal Name
Larson, Jeffrey
Sutter Capital Partners, LLC K1299 CA Municipal Advisor
Representative Name
Dimaria, Donna
Principal Name
Dimaria, Donna
AMKO Advisors, LLC K0852 ND Municipal Advisor
Principal Name
Deraney, Mark
Latitude Financial Management, LLC K1297 MA Municipal Advisor
Representative Name
Alabiso, Vincent
Principal Name
Alabiso, Vincent
West Point Financing, Inc K1307 IN Municipal Advisor
Representative Name
Brame, Tracey
Principal Name
Brame, Tracey

1 The Municipal Advisor Firm tab is updated daily and is dependent on the quality of the data a municipal advisor submits to the Securities and Exchange Commission (SEC). If you believe your firm has been incorrectly omitted from this list, please contact MSRB Support at 202-838-1330 or MSRBsupport@msrb.org.

Any entity that is engaging in municipal advisory activities on behalf of a municipal entity or obligated person client without having taken the necessary steps to become a duly registered municipal advisor firm – meaning having filed Form MA (Application for Municipal Advisor Registration) and Form MA-I (Information Regarding Natural Persons Who Engage in Municipal Advisory Activities) with the SEC and Form A-12 with the MSRB – could be deemed an unregistered municipal advisor firm, which is a violation of MSRB rules and other federal securities laws. 

Series 50-Qualified Representatives

Series 50-Qualified Representatives 

The Series 50-Qualified Representatives tab displays the names of individuals who have passed the Series 50 examand are associated with an MSRB-registered municipal advisor firm.MSRB-registered municipal advisor firms must file a Form MA-I with the SEC which denotes that such individual(s) who are Series 50 qualified are engaged in municipal advisory activities on behalf of the municipal advisor firm. Pursuant to MSRB Rule G-3, only those associated persons who have passed the Series 50 exam are permitted to engage in municipal advisory activities or directly engage in the management, direction or supervision of the municipal advisory activities of the municipal advisor and its associated persons.3

The links on this tab facilitates access to the required disclosures that municipal advisor firms make to the SEC on SEC Forms MA and MA-I. These disclosures may include information about regulatory actions, criminal actions, and other matters, if any. Read more on Municipal Advisor Professional Qualification and Examination Requirements.

Click on a firm or individual’s name below to access the filings made with the SEC.

Only those who have passed the Series 50 exam and are associated with an MSRB-registered municipal advisor firm can be found in the list below.

1 The Series 50 exam is designed to test broad-based knowledge of the business and regulations applicable to municipal advisory activities. The examination is not designed to specifically test each specialized functional role or service that may be provided on behalf of a municipal advisor firm as defined in Section 15B of the Securities Exchange Act of 1934 and, therefore, does not confer the degree of knowledge and expertise needed to provide a municipal entity or obligated person client with informed advice as required under MSRB Rule G-42.

2 The Series 50-Qualified Representatives’ qualification status is updated weekly, generally on the first business day of the week, and is dependent on the quality of the data a municipal advisor firm submits to the SEC on SEC Form MA-I. If your firm believes that the name of a qualified associated person is not displayed and you have confirmed that a Form MA-I is on file for the individual, please contact MSRB Support at 202-838-1330.

Since the Series 50 exam is a pre-requisite to becoming qualified as a municipal advisor principal, individuals who are Series 54 qualified are also displayed on the Series 50-Qualified Representatives tab.

Series 54-Qualified Principals

Series 54-Qualified Principals 

The Series 54-Qualified Principals tab displays the names of individuals who have passed the Series 54 examand are associated with an MSRB-registered municipal advisor firm.Pursuant to MSRB Rule G-3, only those associated persons who have passed the pre-requisite exam, the Series 50 exam, and the Series 54 exam,3 are duly qualified as a municipal advisor principal and, thus, permitted to engage in the management, direction or supervision of the municipal advisory activities of the municipal advisor and its associated persons.

All MSRB-registered municipal advisor firms had to have at least one person appropriately qualified as a municipal advisor principal. Notwithstanding, every individual who meets the definition of a municipal advisor principal, as defined under MSRB Rule G-3(e), must be appropriately qualified as a municipal advisor principal; and pursuant to MSRB Rule G-44 each municipal advisor firm must designate one or more municipal advisor principals to carry out the responsibilities required by the rule.

The links on this tab facilitates access to the required disclosures that municipal advisor firms make to the SEC on SEC Forms MA and MA-I. These disclosures may include information about regulatory actions, criminal actions and other matters, if any. Read more on the Municipal Advisor Principal Qualification Examination (Series 54 Exam).

Click on a firm or individual’s name below to access the filings made with the SEC.

Only those who have passed the Series 54 exam and are associated with an MSRB-registered municipal advisor firm can be found in the list below.

1 The Series 54 exam is designed to test that a person seeking to qualify as a municipal advisor principal satisfies a specified level of competency and knowledge by measuring a person’s ability to apply the applicable federal securities laws, including MSRB rules to the municipal advisory activities of a municipal advisor.

2 The Series 54-Qualified Principals’ qualification status is updated weekly, generally on the first business day of the week, and is dependent on the quality of the data a municipal advisor firm submits to the SEC on SEC Form MA-I. If your firm believes that the name of a qualified associated person is not displayed and you have confirmed that a Form MA-I is on file for the individual, please contact MSRB Support at 202-838-1330.

3 Since the Series 50 exam is a pre-requisite to becoming qualified as a municipal advisor principal, individuals who are Series 54 qualified are also displayed on the Series 50-Qualified Representatives tab.