PFM Financial Advisors acquired 28 districts to expand its recently founded PFM Management Services.  

Processing Content

PFM sees the acquisitions as a way to strengthen the unit’s position as a provider of services to community development districts and special purpose local governments. 

Although these districts are in central and south Florida, PFM Management Services plans to operate nationwide.

“Our growth is driven by a simple goal: to give the communities we serve a strong foundation for long-term success,” said Brent Wilder, the unit’s president and managing director. 

Special districts are local government units that deliver public services, maintain infrastructure and usually have the authority to levy assessments and issue debt.

The current acquisition included 22 districts from JPWard and Associates, PFM’s largest acquisition since its 2019 integration of Fishkind & Associates. 

PFM also recently completed an agreement to assume six management clients from Russ Weyer of Real Estate Econometrics, Inc.

“After nearly two decades building JPWard and Associates, it was important to find a partner that shared our values,” said Jim Ward, who will consult.

“I wanted my clients to benefit from a breadth of resources and forward-looking expertise, and PFM is the right team to support them in the years ahead,” said Russ Myer, who will also consult for PFM. 

Other members of the originating firms will serve as consultants and JPWard team members Susan Singer and Cori Dissinger will join PFM as employees.