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04/10/2008
Management Innovation in U.S. Public Water and Wastewater Systems
PFM Managing Directors, Dean Kaplan and Michael Nadol, co-edited this volume of best practices for runnin...
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Financial Management

Public Financial Management, Inc. (PFM) opened its first office in Philadelphia in 1975 with a staff of five. But even from this modest beginning, PFM had a distinct advantage over the competition: we understood the need to create a financial services firm exclusively for the benefit of government clients. PFM quickly developed a vision that still guides us today – a vision for generating client success that involves three key elements:

  • Independence - Build a financial advisory firm beholden only to its government clients

  • Expertise - Attract, train and retain a public finance team equal to that of any Wall Street investment bank

  • Service - Offer comprehensive, cost-effective programs and provide consistent, high-caliber service.

Today, we are the nation's leading financial advisor to state and local municipalities.