Welcome to PRAG

PRAG is an independent financial and investment advisory firm, owned and managed by its employees. Headquartered in New York City, with offices in Los Angeles, Oakland, Philadelphia and St. Petersburg, the Firm was founded in 1985 to provide in-depth support to state and local governments, authorities and agencies and other not-for-profit entities.  PRAG is a registered municipal advisor with the SEC and the MSRB under the Dodd-Frank Act and is a registered investment advisor under the Investment Advisers Act of 1940 in the states of California, Florida, New York and the District of Columbia.