Jill Jaworski Joins The PFM Group as Managing Director

PHILADELPHIA, April 7 /PRNewswire/ -- PFM Group, the nation's leading provider of independent financial and investment advisory services to state and local governments and their agencies, announced today that Jill Jaworski, a financial advisor and investment banker with an extensive background in the Midwest, has joined PFM as a Managing Director. Ms. Jaworski will be headquartered in The PFM Group's Chicago office and will lead the firm's enhanced efforts to serve major issuers in the Chicago area and throughout the state of Illinois. PFM provides financial advisory and portfolio management services nationwide for government and not-for-profit organizations, corporations, pension and endowment funds and other institutions.

Jill Jaworski spent the past twelve years as a financial advisor and investment banker with Jefferies & Company and the former First Albany Capital. She worked with a number of municipal issuers not just in Chicago, but from Ohio to Colorado.  She has managed relationships and transactions involving transportation, general obligations, and other revenue credits, and will continue in this role for PFM in this geographic market.

"We are extremely pleased to have a financial professional with Jill's depth of knowledge join us," commented F. John White, Chief Executive of The PFM Group.   "We believe her talents, as well as the excellent reputation she brings along with her, will be a very positive addition to our partnership. This is a tangible sign of our commitment to building PFM's market presence and client base in Chicago and the entire Midwest," he concluded.

Jill Jaworski is equally enthusiastic about the growth opportunities. "I am delighted to become a part of the PFM team," she said. "The firm's reputation as a highly ethical, reliable, and creative financial advisor in the world of public finance is impeccable," Ms. Jaworski added. "Seeing their outstanding growth over the past several years, I am eager to make my own contribution, and this is an ideal opportunity for me to combine my knowledge of clients in the area to make a meaningful addition right away," she concluded.

The new PFM Managing Director is a graduate of the University of Chicago. She is president of the Dearborn Park Advisory Council, which offers voluntary assistance to the Chicago Park District. She lives in Chicago with her husband and three children and will be headquartered at PFM's Chicago office.

PFM currently employs more than 430 professionals serving a broad base of clients from 33 offices located in every region of the country. The firm is well respected for providing clients with independent advisory services free of conflicts in their dealings with the capital markets. At the end of first quarter of 2010, Public Financial Management retained its position as the top ranked financial advisor in the nation in overall new issues. In the first quarter of 2010 alone, PFM advised clients on $13.4 billion of total debt in 234 separate transactions. In addition, at year-end 2009, PFM Asset Management LLC had $37 billion in assets under management for state and local governments and non-profit institutions, and provided non-discretionary advice for an additional $2.3 billion in fixed income securities.

SOURCE PFM Group