Public Trust Advisors
Public Trust Advisors (PTMA Financial Solutions) is a Denver-based investment management firm serving US local government entities with separately managed accounts, LGIP, term investments, municipal advisory, cashflow management, and bond proceeds management services, administering $80B+ across more than 6,000 entities.
- Company typePrivate
- Founded2011
- HeadquartersDenver, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Public Trust Advisors does
Public Trust Advisors, operating commercially as PTMA Financial Solutions, is a US-based investment management and advisory firm founded in 2011 and headquartered in Denver. The firm serves US local government entities — counties, municipalities, and public agencies — through a portfolio of institutional offerings: separately managed accounts (SMA), term investments, municipal advisory, cashflow management, bond proceeds management, and local government investment pool (LGIP) services. With $80 billion-plus in assets under administration and more than 6,000 entities served, it is a scale player in a niche institutional advisory market characterized by regulated investment mandates and fiduciary obligations to public funds. Distribution is direct and relationship-driven, with field sales engaging treasurers, finance directors, and government investment committees.
The firm earns revenue primarily through asset-based advisory and administration fees on mandates originated within its public-sector platform, with pricing typically negotiated as basis points on AUM or via fixed municipal advisory engagements. The company's go-to-market leverages industry conferences, professional associations, and peer referrals within the government sector — channels it has built over more than a decade. In 2024 the firm rebranded to PTMA Financial Solutions and broadened its commercial model to position itself as a two-sided platform bridging public entities with financial institutions, adding deposit and funding-solution offerings on the institutional counterparty side and signaling an insurance/other-institutions vertical under build-out.
In January 2024 the firm received a strategic investment from private-equity sponsor Flexpoint Ford. Per company disclosures, the capital is earmarked to expand product offerings, accelerate growth, and enable strategic acquisitions — making inorganic expansion an articulated component of strategy. Despite product breadth, no AI/ML, proprietary technology stack, or data-flywheel mechanics are publicly disclosed; the platform remains a traditional investment-advisory operation with relationship-led distribution.
Public Trust Advisors firmographics
Firmographics- Name
- Public Trust Advisors
- Legal name
- PTMA
- Website
- https://publictrustadvisors.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Public Trust Advisors (PTMA Financial Solutions) is a Denver-based investment management firm serving US local government entities with separately managed accounts, LGIP, term investments, municipal advisory, cashflow management, and bond proceeds management services, administering $80B+ across more than 6,000 entities.
- Ownership category
- akta.pro rank
Public Trust Advisors industry classification
Industry- Product category
- Public Sector Investment Advisory
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Public Asset & Investment Management (BPAIAEAG)
- akta.pro secondary industries
- Investment Management Advisory (RIA) (FSAEAAAB), Money Market Funds (FSAAAEAC)
Keywords
Where Public Trust Advisors is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Markets served
Public Trust Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Distribution channels1 record
Public Trust Advisors product offering
Product offeringCore offering
Public Trust Advisors (PTMA Financial Solutions) is an investment management advisor that provides customized financial solutions to local government entities across the United States. Its core offerings include Separately Managed Accounts (SMA), Term Investments, Municipal Advisory services, Cashflow Management, Bond Proceeds Management, and Local Government Investment Pool (LGIP) services. The firm also offers institutional funding options and solutions for financial institutions, managing over $80 billion in assets for more than 6,000 entities.
Product overview
PTMA Financial Solutions (Public Trust Advisors) operates as a public sector investment services platform offering a portfolio of investment management products. The platform serves local governments through multiple integrated offerings including Separately Managed Accounts (SMA), Term Investments, Municipal Advisory, Cashflow Management, Bond Proceeds Management, and Local Government Investment Pool (LGIP) services. Additionally, the platform provides institutional funding options and solutions for financial institutions. The company previously managed over $80 billion in assets serving over 6,000 entities before rebranding to PTMA Financial Solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- SMA (Separately Managed Accounts) Separately managed account services for local government entities providing customized investment solutions tailored to institutional needs.
- Term Investments Fixed-term investment options for local governments seeking predictable returns over specified periods.
- Municipal Advisory Professional advisory services for municipal entities on investment strategy and financial planning.
- Cashflow Management Services to help local governments manage and optimize their cash flow cycles and liquidity needs.
- Bond Proceeds Management Investment management solutions specifically designed for proceeds from municipal bond issuances.
- LGIP (Local Government Investment Pool) Investment pool services enabling local governments to pool resources for collective investment opportunities.
Companies that use Public Trust Advisors
Customer profileSegments1 record
Ideal customer profiles2 records
Public Trust Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Public Trust Advisors partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Public Trust Advisors competitors and assessment
Company assessmentDirect peers
- Meeder Investment Management: Meeder provides investment management, cash management, and local government investment pool services to public entities, school districts, and municipalities, competing head-to-head in the public-sector cash and fixed-income advisory niche.
- Income Research + Management (IR+M): IR+M is a fixed-income focused investment manager serving institutional clients including public funds, with comparable core capabilities in customized mandates and public-sector client service.
- Hilltop Securities: Hilltop Securities provides public finance, investment advisory, and capital markets services to state and local government entities, competing in municipal advisory and public-fund investment management.
- PFM Asset Management: PFM Asset Management is one of the largest US independent advisors to state and local governments, managing billions in public-sector assets across SMAs, investment pools, and municipal advisory — a direct competitor with overlapping product set and customer base.
- Cutwater Asset Management: Cutwater is a public-sector focused investment advisor providing separately managed accounts, local government investment pools, and fixed-income management to states, municipalities, and agencies — directly comparable in mandate and client type.
Broad incumbents
- Capital Group Public Sector: Capital Group's institutional public-sector practice serves state and local government entities with multi-asset and fixed-income mandates, competing for large public-fund relationships with broader product depth than niche specialists.
- Wilmington Trust (M&T Bank): Wilmington Trust provides institutional investment management, corporate trust, and public-finance services, with comparable offerings for government and institutional clients seeking fixed-income and fiduciary solutions.
- BlackRock (Public Sector): BlackRock's institutional and public-sector business manages mandates for state and municipal clients through pooled funds, separate accounts, and advisory services — a much larger incumbent competing on scale and brand for the same RFP pool.
- Stifel Public Finance (formerly Robert W. Baird & Co. public finance): Stifel's public finance division offers investment advisory, underwriting, and municipal advisory services to a broad base of government issuers and investors, overlapping with Public Trust Advisors across municipal advisory mandates.
Emerging players
- Payden & Rygel: Payden & Rygel is an employee-owned investment manager specializing in fixed-income and cash management for institutional and public-sector clients, with overlapping short-duration and liquidity mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Public Trust Advisors social profiles
Digital presencePublic Trust Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Public Trust Advisors leadership team
Management profileNumber of profiles
Public Trust Advisors funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Public Trust Advisors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Public Trust Advisors
What does Public Trust Advisors do?
Public Trust Advisors (PTMA Financial Solutions) is an investment management advisor that provides customized financial solutions to local government entities across the United States. Its core offerings include Separately Managed Accounts (SMA), Term Investments, Municipal Advisory services, Cashflow Management, Bond Proceeds Management, and Local Government Investment Pool (LGIP) services. The firm also offers institutional funding options and solutions for financial institutions, managing over $80 billion in assets for more than 6,000 entities.
Is Public Trust Advisors a public or private company?
Public Trust Advisors is a private company. It is classified as private equity controlled and is currently operating.
When was Public Trust Advisors founded?
Public Trust Advisors was founded in 2011. It employs 51 to 100 people.
Where is Public Trust Advisors based?
Public Trust Advisors is headquartered in Denver, United States, in the North America region.
Who are Public Trust Advisors's main competitors?
Direct peers on record are Meeder Investment Management, Income Research + Management (IR+M), Hilltop Securities, PFM Asset Management and Cutwater Asset Management. Broad incumbents are Capital Group Public Sector, Wilmington Trust (M&T Bank), BlackRock (Public Sector) and Stifel Public Finance (formerly Robert W. Baird & Co. public finance). Payden & Rygel is listed as an emerging player.
Does Public Trust Advisors have an API?
No public API is recorded for Public Trust Advisors.
What industry is Public Trust Advisors in?
Public Trust Advisors's product category is Public Sector Investment Advisory. Its primary akta.pro industry code is BPAIAEAG, Public Asset & Investment Management, with a secondary code of FSAEAAAB, Investment Management Advisory (RIA). Its NAICS code is 523940 and its SIC code is 6282.