Illinois Public Finance

Where specialized expertise meets excellent service.

Raymond James Public Finance is a proven partner for municipal bond issuers across Illinois. Our Public Finance team has the expertise, experience and trusted guidance to make a significant difference in your community’s financial outlook – because your community is our community, too. With 19 dedicated municipal institutional sales professionals and nearly 150 fixed income generalists, we strive to provide outstanding service at the lowest possible borrowing cost to our clients. In addition to our Public Finance and Fixed Income teams, Raymond James has nearly 600 financial advisors and associates living, working and managing nearly $42 billion in total assets across the state of Illinois.

Our veteran team members work with government entities to provide tailored financing solutions to help meet their unique needs. From new municipal and education facilities to improved water and sewer systems and economic development projects, complex financing structures are often required to fund progress within communities.

Our goal is simple: help provide clients with quality financial services. In doing so, Raymond James Public Finance consistently ranks among the Top Five underwriters of municipal bonds nationwide.*

10

public finance professionals

2

municipal bond underwriters

11

institutional fixed income sales professionals

8,700

financial advisors nationwide

$42B

under management in 154,565 retail accounts serviced by 285 financial advisors in the state

Data as of December 31, 2023, unless otherwise noted
*Source: Bloomberg, based on total par amount (2019 – 2023)

Past performance may not be indicative of future results.

Full-service Capabilities

Services

  • Underwriting
  • Financial advisory/municipal advisor
  • Placement agent
  • Bond proceeds investment strategy
  • Derivatives advisory
  • Rating agency strategy
  • Debt portfolio analysis and structuring
  • Referenda strategy
  • Financial/budget projections
  • Continuing disclosure dissemination agent

Debt Advised On or Underwritten

  • General obligation bonds
    • Limited tax
    • Unlimited tax/referendum
    • Alternate revenue source
  • Debt certificates
  • Certificates of participation (COPs)
  • Pension obligation bonds
  • Dedicated revenue bonds
  • Tax anticipation warrants/notes
  • Master lease program financing
  • Tax increment financing (TIF)
  • Tax-credit financings
  • USDA financings

Issuers Served

  • Municipalities
  • Park districts
  • Counties
  • Public school districts
  • Charter schools
  • Community colleges
  • Universities
  • Water and sewer/utilities
  • Transportation authorities
  • Airports
  • Housing
  • Healthcare
  • Economic development projects

Team

Elizabeth Hennessy
Managing Director
   
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Linda Byron
Linda Byron
Director
   
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Glenn Gough
Director
   
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Will Glass
Vice President
   
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Karen Barron
Associate
   
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Elliot Gorski
Associate
   
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Parker Colvin
Managing Director, Municipal Underwriter
   
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Featured Transactions

Public Finance Market Watch

In-depth and timely commentary and analysis on the municipal market from industry experts.