Reedy Financial Group

What Reedy Financial Group does

Reedy Financial Group is an Indiana-based Certified Public Accounting firm and SEC-registered municipal advisory practice serving local units of government across the state. The firm serves cities, towns, counties, school corporations, utilities, redevelopment commissions, and townships with a portfolio spanning comprehensive operational and capital improvement planning, annexation fiscal planning, budgeting, management reporting, municipal finance, economic development, tax increment financing (TIF), utility consulting, accounting and bookkeeping, debt and bond advisory, arbitrage services, escrow verification, lease sufficiency analysis, and tax abatement planning. Since its founding on January 1, 2009 by Eric Reedy, the firm has advised on nearly one billion dollars of cumulative municipal debt and grown to more than twenty professionals across offices in Seymour (home base) and Indianapolis (regional headquarters).

The firm's value proposition rests on regulatory and procedural expertise before Indiana-specific oversight bodies — the Department of Local Government Finance (DLGF), State Board of Accounts (SBOA), Indiana Utility Regulatory Commission (IURC), Indiana Office of Utility Consumer Counselor (OUCC), and the Indiana General Assembly — and on SEC registrations (Series 50, 63, 65, and 6) held by its professionals, which are required to provide municipal advisory and broker-dealer services. Multiple staff carry the CPA credential, and the founder brings 30+ years of municipal finance experience. The firm maintains a conference-driven distribution posture across all major Indiana municipal associations (e.g., Accelerate Indiana Municipalities, Indiana Association of Cities and Towns).

The business model is partner-led, project-based professional services: revenue is generated through engagement fees on debt issuances, retainers for capital and operational planning, and recurring compliance and bookkeeping work for municipal clients. No proprietary technology platform or software product is disclosed; the offering is purely human-advisory and accounting services. Go-to-market is relationship-driven and supported by sustained association presence and referrals within the Indiana municipal ecosystem. No funding rounds, acquisitions, or partnerships have been disclosed, and the firm is privately held.

Name

Reedy Financial Group

Legal name

Reedy Financial Group P.C.

Website

https://reedyfinancialgroup.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Reedy Financial Group is an Indiana-based CPA firm and SEC-registered municipal advisor serving local government units — cities, towns, counties, school corporations, utilities, redevelopment commissions, and townships — with budgeting, capital planning, debt advisory, and utility consulting services.

Ownership category

akta.pro rank

Product category

Municipal Financial Advisory Services

NAICS

Public Finance Activities (921130)

SIC

Finance Services (6199)

akta.pro primary industry

Debt Advisory & Financing Advisory (FSAEAGAD)

akta.pro secondary industries

Public Debt Management (BPAIAEAC), Municipal Finance, Treasury, Budget & Procurement (BPAIACAC)

Keywords

• Municipal financial advisory
• Governmental accounting services
• Municipal bond advisory
• Tax increment financing
• Utility rate consulting

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Municipal Financial Advisory Services: Professional services revenue generated through consulting engagements with local government units. Services include comprehensive operational and capital improvement planning, municipal budgeting, management reporting, annexation fiscal planning, utility rate studies, economic development advisory, and tax increment financing (TIF) services. Revenue is project-based and recurring through ongoing client engagements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Reedy Financial Group is a certified public accounting firm that provides governmental financial advisory and accounting services to local units of government throughout Indiana. Its offerings include comprehensive operational and capital improvement planning, municipal budgeting, annexation fiscal planning, municipal bond and debt advisory, economic development advisory, tax increment financing (TIF), utility rate studies, utility consulting, and accounting/bookkeeping under GASB, FASB, and GAAP standards.

Product overview

Reedy Financial Group is a certified public accounting firm providing governmental financial advisory services to local units of government in Indiana. The firm operates as a unified service offering rather than a software platform, delivering advisory services across multiple practice areas including Comprehensive Operational & Capital Improvement Planning, Municipal Finance, Utility Consulting, Economic Development, Tax Increment Finance (TIF), Budgeting, Management Reporting, Accounting & Bookkeeping, Debt & Bond Advising, and specialized services such as Arbitrage Services, Escrow Verification, and Lease Sufficiency Analysis. The company has served as municipal advisor on nearly one billion dollars of municipal debt across Indiana and maintains offices in Indianapolis and Seymour, Indiana.

Differentiator

Problem solved

Functional benefit

Products and services

• Comprehensive Operational & Capital Improvement Planning Provides comprehensive operational and capital plans that combine major funds and activities into primary documents for local government financial decision-making, including cash reserve projections, property tax analysis, and budget integration.
• Annexation Fiscal Planning Consulting services for municipalities expanding corporate boundaries in Indiana, including fiscal plans, impact statements, expert witness testimony, and public hearing assistance.
• Management Reporting Tracking service that monitors budget line items, year-to-date spending, remaining budget, and budget-to-actual variance on a periodic basis to identify overspending and needed appropriation transfers.
• Budgeting Annual budget process preparation and assistance including Gateway Budget Program compliance, budget books, fundability analysis, and department head workshops.
• Municipal Finance Municipal advisory services for debt issuance including project analysis, bond structuring, bond rating consulting, market analysis, and continuing disclosure for general obligation and revenue bonds.
• Economic Development Advisory services for industrial and local development projects utilizing state and local incentives, including real and personal property tax analysis, bonding incentives, and property tax abatement.
• Tax Increment Finance (TIF) TIF establishment, neutralization, impact analysis, DLGF reporting, long-term revenue and expenditure projections, and TIF margin quantification for redevelopment projects.
• Utility Consulting Utility financial advisory for municipal and investor-owned utilities including cost of service rate studies, long-term strategic financial planning, and utility financing projects for water, wastewater, storm water, and other utilities.
• Accounting & Bookkeeping Accounting and bookkeeping assistance across municipal divisions covering governmental fund accounting and enterprise accrual accounting, including GASB, FASB, GAAP, and regulatory basis compliance.
• Debt & Bond Advising

Quantifiable outcome

• Served as municipal advisor on nearly $1 billion of municipal debt across Indiana since 2009
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Hilltop Securities: National broker-dealer and registered municipal advisor providing public finance, debt issuance, and economic development advisory to municipalities and special districts nationwide. Overlaps with RFG's municipal finance, TIF, and economic development work.
• Public Financial Management (PFM): National registered municipal advisor serving state and local governments with financial advisory, debt issuance, and management consulting. Directly comparable in core municipal advisory services and serves Indiana municipalities as well.
• Umbaugh: Indiana-headquartered independent municipal advisory firm providing financial advisory, debt issuance, and consulting services to Indiana local governments. Closest geographic and product-line competitor to RFG.

Regional players

• Ice Miller LLP: Indianapolis-headquartered full-service law and advisory firm with a Government and Public Finance practice serving Indiana municipalities on public finance, TIF, and economic development matters. Geographic and service-line overlap with RFG.

Broad incumbents

• Stifel Financial: Public finance and investment banking firm with municipal advisory, underwriting, and reinvestment services for state and local government clients. Comparable to RFG in registered municipal advisory and debt issuance work.
• Crowe LLP: Large national accounting and advisory firm with a Government and Public Sector practice providing auditing, consulting, and financial advisory to state and local government clients. Comparable in accounting/bookkeeping and government consulting offerings.
• Piper Sandler: Investment bank with a Public Finance division providing municipal advisory, bond underwriting, and economic development services to state and local government issuers. Comparable in debt issuance and municipal advisory services.
• FORVIS (formerly BKD CPA & Advisory): Top-tier accounting and advisory firm with a dedicated Government Services practice serving municipalities, utilities, and special districts across the U.S. Comparable in government accounting, utility consulting, and audit-related advisory.
• Baker Tilly US: Large advisory, tax, and assurance firm with a Public Sector practice providing financial advisory, operational consulting, and accounting services to state and local governments. Overlaps with RFG's municipal budgeting, capital planning, and utility advisory work.

Emerging players

• Columbia Capital Management: Mid-size municipal advisory firm providing financial advisory services to local governments, utilities, and non-profits. Comparable scope with a regional focus overlapping with RFG's Indiana municipal client base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Reedy Financial Group