PRAG Ranks #2 Financial Advisory Firm for First Three Quarters of 2018

October 2018

PRAG ranked #2 “Top Financial Adviser” in the nation for the first three quarters of 2018, with 128 issues totaling $27,137.3 billion, according to Thomson Reuters.

PRAG ranked #1 as the “Top Financial Advisers (Competitive)” in the first three quarters of 2018, having advised on 72 competitive issues totaling $13,460.6 billion, as well as #2 “Top Financial Advisers (Negotiated)” with 56 issues totaling $13,676.7 billion.

PRAG has been consistently ranked as one of the top three financial advisory firms nationally every year over the past two decades, having advised on over $963 billion of financings for its municipal clients since its inception in 1985.

PRAG’s financing experience includes revenue bonds, general obligation bonds, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, securitizations, non-dollar denominated bonds, index notes, stepped-coupon obligations, as well as taxable municipal securities.

PRAG is registered as a municipal advisor with the MSRB (MSRB ID K0133) and the SEC (Municipal Advisor Registration Number 867-00146). In addition, PRAG is registered as an investment adviser under the Investment Advisers Act of 1940 in the states of California, Florida, New York, Pennsylvania and the District of Columbia.

PRAG Ranked #1 Financial Advisory Firm by Thomson Reuters

April 2018

PRAG ranked #1 financial advisory firm in the nation for the first quarter of 2018 with 45 issues totaling $10,377.4 billion, according to Thomson Reuters.

top fa q1 2018

PRAG also ranked #1 as the “Top Financial Advisers (Competitive)” in the first quarter of 2018, having advised on 24 competitive issues totaling $4,724.1 billion, as well as #2 “Top Financial Advisers (Negotiated)” with 21 issues totaling $5,653.4 billion.

top fa comp q1 2018

top fa neg q1 2018

PRAG has been consistently ranked as one of the top three financial advisory firms nationally every year over the past two decades, having advised on over $934 billion of financings for its municipal clients since its inception in 1985.

PRAG’s financing experience includes revenue bonds, general obligation bonds, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, securitizations, non-dollar denominated bonds, index notes, stepped-coupon obligations, as well as taxable municipal securities.

PRAG is registered as a municipal advisor with the MSRB (MSRB ID K0133) and the SEC (Municipal Advisor Registration Number 867-00146). In addition, PRAG is registered as an investment adviser under the Investment Advisers Act of 1940 in the states of California, Florida, New York, Pennsylvania and the District of Columbia.

PRAG Ranks #2 Financial Advisory Firm in 2017

January 2018

PRAG ranked #2 financial advisory firm in the nation in 2017 with 196 issues totaling $52,385.4 billion, according to Thomson Reuters.

PRAG Ranked 2nd 2017 from PP

PRAG also ranked #1 as the “Top Financial Advisers (Competitive)” in 2017 , having advised on 99 competitive issues totaling $20,160.7 billion, as well as #2 “Top Financial Advisers (Negotiated)” in 2017 with 97 issues totaling $32,224.8 billion.

PRAG Ranked 1st competitive 2017 PP

PRAG Ranked 2nd Negotiated 2017 PP

PRAG has been consistently ranked as one of the top three financial advisory firms nationally every year over the past two decades, having advised on over $934 billion of financings for its municipal clients since its inception in 1985.

PRAG’s financing experience includes revenue bonds, general obligation bonds, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, securitizations, non-dollar denominated bonds, index notes, stepped-coupon obligations, as well as taxable municipal securities.

PRAG is registered as a municipal advisor with the MSRB (MSRB ID K0133) and the SEC (Municipal Advisor Registration Number 867-00146). In addition, PRAG is registered as an investment adviser under the Investment Advisers Act of 1940 in the states of California, Florida, New York, Pennsylvania and the District of Columbia.

PRAG Ranked #2 “Top Financial Advisers” by The Bond Buyer

July 2017

The Bond Buyer reported PRAG ranked as the #2 financial advisory firm in the nation in the first half of 2017, according to Thomson Reuters. So far in 2017, PRAG has advised on 98 deals, totaling over $24.8 billion.

According to the Bond Buyer’s report published July 3, 2017, PRAG also ranked #1 as the “Top Financial Advisers (Competitive)” for the first half of 2017, having advised on $7.2 billion worth of competitive issues, as well as #2 “Top Financial Advisers (Negotiated)” with 56 issues totaling $17.5 billion.

ranks 2017

Source: Thomson Reuters. First Half 2017 – Equal Credit to Each Advisor. Based on Thomson Reuters’s AT7 league table. Dollar amounts are in millions. Rankings are final as of Jul. 3, 2017. Short-term notes, private placements and deals not meeting Thomson Reuters’s T+5 policy rule are excluded. Issues with multiple advisors divide the par amount equally among the advisors.

PRAG has been consistently ranked as one of the top three financial advisory firms nationally every year over the past two decades, having advised on over $905 billion worth of issues since our inception in 1985. PRAG’s financing experience includes revenue bonds, general obligation bonds, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, securitizations, non-dollar denominated bonds, index notes, stepped-coupon obligations, as well as taxable municipal securities.

PRAG Ranked #2 “Top Financial Advisers” by The Bond Buyer

April 2017

The Bond Buyer reported PRAG ranked as the #2 financial advisory firm in the nation in the first quarter of 2017, according to Thomson Reuters. So far in 2017, PRAG has advised on 40 deals, totaling over $11.2 billion.

According to the Bond Buyer’s report published April 4, 2017, PRAG also ranked #1 as the “Top Financial Advisers (Competitive)” for the first quarter of 2017, having advised on $4.1 billion worth of competitive issues.

BB Rankings 4-4-17

BB Rankings Competitive 4-4-17

PRAG has been consistently ranked as one of the top three financial advisory firms nationally every year over the past two decades, having advised on over 1,200 issues totaling over $486 billion since our inception in 1985. PRAG’s financing experience includes revenue bonds, general obligation bonds, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, securitizations, non-dollar denominated bonds, index notes, stepped-coupon obligations, as well as taxable municipal securities.

PRAG Ranked 3rd Largest Financial Advisor

February 2016

PRAG remains one of the top-ranked financial advisory firms in the nation. In its 2015 full year rankings, Thomson Reuters named PRAG the third largest financial advisory firm nationally, having advised on 155 deals, almost 10% of the market share. 75 of those deals, comprising 15% of the total market share, were competitive issues totaling over $12.4 billion. The remainder 80 deals were negotiated and totaled $18.4 billion or 8.1% of the total market share.

According to the Bond Buyer’s Annual Review published February 22, 2016, PRAG ranked as the top Financial Advisors for General Purpose issuances in 2015, having advised on $21.7 billion worth of issues.

Thompson Reuters US Municipal Financial Advisor Rankings for 2015.

Thompson Reuters US Municipal Financial Advisor Rankings for 2015.

PRAG has been consistently ranked as one of the top three financial advisory firms nationally every year over the past two decades, having completed approximately half a trillion dollars of transactions since the founding of PRAG in 1985. PRAG’s financing experience includes revenue bonds, general obligation bonds, certificates of participation, commercial paper, revenue and tax anticipation notes, bond anticipation notes, securitizations, non-dollar denominated bonds, index notes, stepped-coupon obligations, as well as taxable municipal securities.

PRAG’s Financial Advisory Rankings 1990 – 2016

Year

Dollar Volume

Number of Issues

Rank

Data Source

2016 $33,487,200.00 159

3

Securities Data Co.
2015 $30,902,000.00 155

3

Thomson Reuters
2014 $27,863,700.00 139

2

Thomson Reuters
2013 $30,959,600.00 121

2

Thomson Reuters
2012 $26,491,400.00 167

2

Thomson Reuters
2011 $20,854,700.00 119

2

Thomson Reuters
2010 $31,091,700.00 165

2

Thomson Reuters
2009 $42,489,000.00 172

2

Thomson Reuters
2008 $20,304,600.00 116

3

Thomson Reuters
2007 $27,253,400.00 97

3

Thomson Financial
2006 $18,504,900.00 115

3

Thomson Financial
2005 $21,950,800.00 107

2

Thomson Financial
2004 $24,254,900.00 117

2

Thomson Financial
2003 $37,067,000.00 146

2

Thomson Financial
2002 $33,734,600.00 133

1

Thomson Financial
2001 $19,261,300.00 121

2

Thomson Financial Securities Data
2000 $17,705,300.00 81

1

Thomson Financial Securities Data
1999 $13,668,300.00 67

2

Thomson Financial Securities Data
1998 $17,700,000.00 100

2

Securities Data Co.
1997 $20,042,500.00 87

1

Securities Data Co.
1996 $9,282,700.00 60

2

Securities Data Co.
1995 $10,560,300.00 65

1

Securities Data Co.
1994 $13,316,300.00 95

1

Securities Data Co.
1993 $19,654,100.00 153

1

Securities Data Co.
1992 $14,138,000.00 105

1

Securities Data Co.
1991 $11,643,300.00 74

1

Securities Data Co./Bond Buyer
1990 $5,884,200.00 41

2

Securities Data Co./Bond Buyer
Total: $566,578,600.00* 2,952 *1990 – 2015 only.

PRAG Celebrates its 30th Anniversary

May 1, 2015

PRAG, fou30 years in Businessnded in 1985, celebrates its 30th anniversary as a leading independent financial advisor to state and local governments, authorities, agencies and other entities that secure funding in the public capital market. Since PRAG’s inception, the firm has remained committed to providing high-quality independent advice, responsive service and the commitment of experienced personnel, supported by credit, market and quantitative expertise. PRAG looks forward to serving our valued clients for many years to come.