KNN Public Finance operates exclusively in the role of municipal advisor and is 100% employee owned, reflecting our unwavering commitment to independence and conflict free advice. Our focus is providing public agency clients with independent, objective analysis and advice to support them in making responsible decisions about their debt and capital programs. Our advisors are experienced addressing financing needs for a wide range of core public agency functions, including: criminal justice, economic development, health care, higher education, flood control, human services, infrastructure, land use, public safety, renewable energy, schools, solid waste, transportation, water and wastewater.
KNN Public Finance, LLC was established as a registered municipal advisor in February, 2016, after a group of employees purchased the assets of the company from Zions Bank. However, we trace our roots to a company first established in 1982. At that time, Bob Kelling established Kelling & Co. Incorporated, which initially provided deal structuring broker dealer services to municipalities. In 1986, the company changed its name to Kelling, Northcross & Nobriga, Inc., with the addition of new principals, and began providing Financial Advisor services exclusively. In 1997, Kelling, Northcross & Nobriga became a division of Zions First National Bank and the name was subsequently changed to KNN Public Finance, a division of Zions First National Bank. Later, the company became a division of Zions Public Finance, Inc. On February 19, 2016, a group of employees purchased the assets of the company from Zions Bank and Zions Public Finance, Inc., and formed KNN Public Finance, LLC, a California limited liability company. Members of the LLC include David Leifer, Manager, as well as David Brodsly, Joanna Bowes, Mark Young, Blake Boehm, and Bobby Cheung.
KNN Public Finance has a large California-based staff with deep quantitative and market resources. We're a vibrant, interactive organization that's committed to diversity, collaboration, and the education and success of our advisors. We live and work in the communities we serve and care deeply about public service. We are registered as a municipal advisor with the SEC and MSRB and are held to the highest standard of care, a fiduciary duty. Our duties of care and loyalty are our foremost guiding principles as municipal advisors. Meet the KNN Senior Advisory Team »
As an Independent Registered Municipal Advisor, KNN Public Finance provides comprehensive municipal advisory services, including:
Financing feasibility analysis
Debt affordability analysis
Long-term financing plan development
Staff and board training
Rating and credit management
Pricing oversight and investor outreach
Development of policies and best practices
Monitoring of refunding opportunities
Evaluation of underwriter proposals
Annual tax rate setting
Preparation and filing of annual reports
Notice of event monitoring and filings
*Source: KNN Public Finance
*Source: Refinitiv │ Private placements, short-term notes, and remarketings are excluded. In issues with co-advisors, the par amount of the issue is divided equally among the firms.