Wyoming Cooperative Liquid Assets Securities System

What Wyoming Cooperative Liquid Assets Securities System does

Wyoming Cooperative Liquid Assets Securities System (Wyoming CLASS) is a statutory trust operating as a local government investment pool (LGIP) exclusively for Wyoming political subdivisions. Established in 2020 under the Wyoming Statutory Trust Act (W.S. 17-23-101 et seq.) and W.S. 9-4-831, the pool allows counties, cities, towns, school districts, community college districts, hospital districts, special districts, and other Wyoming public entities to collectively invest surplus liquid assets. Investment objectives follow a hierarchy of legality, safety, liquidity, and yield, and the portfolio maintains money-market-style characteristics with a weighted average maturity of 41 days to reset and 67 days to final as of July 9, 2026. The program is governed by a Board of Trustees composed of representatives from participating Wyoming political subdivisions, including officials from Johnson County, City of Rock Springs, Teton County, City of Gillette, and the Town of Upton.

The fund is operated through a network of core service partnerships. Public Trust Advisors, LLC, operating under the PTMA Financial Solutions brand, serves as Investment Advisor and Administrator, handling portfolio management, a credit research team that publishes weekly Monday Musings analyses under a five-Cs framework, and all administrative activity. U.S. Bank, N.A. provides custodial services; Cohen & Co. provides audit/accounting; Crank Legal Group, P.C. provides legal services; and TP3B LLC (d/b/a Peaks Investment Management) provides marketing collaboration and endorsement for an annual cash compensation equal to 0.05% of pool assets. Participants access the pool through the Wyoming CLASS Online Transaction Portal, which supports dual-authorization controls, future-dated orders, wire/ACH transfers, and detailed reporting, with account-change email notifications and ongoing cybersecurity reassessment.

As of July 9, 2026, the pool reported a 7-Day Yield of 3.66%, Daily Yield of 3.63%, YTD Yield of 3.68%, and 30-Day Yield of 3.66%, with NAV maintained at $0.99995862. Revenue is generated through management and administrative fees deducted from fund net assets covering advisory, custody, and operating costs. Wyoming CLASS markets exclusively through its own direct relationship team, client services, content marketing (economic updates, investor education), and Board events, with no third-party distribution. The organization is private, with 11-50 employees, a principal office in Denver, and Board meetings held in Casper, Wyoming. Customer count, AUM, and revenue are undisclosed.

Name

Wyoming Cooperative Liquid Assets Securities System

Legal name

Wyoming Cooperative Liquid Assets Securities System

Website

https://wyomingclass.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Wyoming Cooperative Liquid Assets Securities System (Wyoming CLASS) is a statutory trust operating a local government investment pool exclusively for Wyoming political subdivisions, providing pooled, professionally managed cash investment services under Wyoming state law.

Ownership category

akta.pro rank

Product category

Local Government Investment Pool

NAICS

Other Financial Vehicles (525990), Open-End Investment Funds (525910)

akta.pro primary industry

Government Investment Pools & Treasury Funds (FSAAAGAE)

Keywords

• Local government investment pool
• Public fund management
• Government cash management
• Pooled investment vehicle
• Short-term public investing

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Others

Revenue model

1. Management and Administrative Fees: Wyoming CLASS generates revenue through management and administrative fees charged to the pooled investment fund. These fees cover investment advisory services from Public Trust Advisors, LLC, custody services from U.S. Bank, N.A., and operational costs of the program. The fees are deducted from the fund's net assets.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Wyoming CLASS operates a pooled local government investment vehicle that allows Wyoming political subdivisions to collectively invest surplus liquid assets in instruments authorized by Wyoming State Statutes. The pool is managed by Public Trust Advisors, LLC (operating under PTMA Financial Solutions), with U.S. Bank, N.A. serving as Custodian. Participants access account functionality through a secure online transaction portal that supports dual authorization, future-dated orders, wire/ACH transfers, and detailed reporting, with credit research and cybersecurity controls layered over the program.

Product overview

Wyoming CLASS is a single, core investment pool product — the Wyoming Local Government Investment Pool — operated by a Board of Trustees and administered by Public Trust Advisors, LLC (PTMA Financial Solutions). The product provides Wyoming political subdivisions with a pooled vehicle for investing surplus funds in instruments authorized by Wyoming State Statutes, with objectives of legality, safety, liquidity, and yield. Participants access the pool through the Wyoming CLASS Online Transaction Portal, which enables transactions, reporting, and dual authorization controls. The program also publishes monthly economic updates and market analysis for investor education.

Differentiator

Problem solved

Functional benefit

Products and services

• Wyoming CLASS Local Government Investment Pool A pooled investment vehicle that allows Wyoming political subdivisions (counties, cities, towns, school districts, community college districts, hospital districts, special districts, and other public entities) to collectively invest their liquid assets for safety, liquidity, and competitive yield, managed in accordance with Wyoming State Statutes and the Wyoming CLASS Investment Policy.
• Wyoming CLASS Online Transaction Portal A secure online portal enabling Wyoming CLASS Participants to execute transactions, access account information, schedule future-dated orders, generate detailed reports, and manage authorized signers and dual authorization approvals.
• Wyoming CLASS Investment Calculator An online tool allowing prospective and existing Participants to estimate investment earnings by inputting the amount invested, start date, end date, and selecting Wyoming CLASS to calculate potential returns.
• Economic Updates and Market Analysis Publications Monthly economic review publications providing analysis of Federal Reserve policy, treasury yields, employment data, inflation metrics, and geopolitical developments that impact investment strategy for Participants.

Quantifiable outcome

• 7-Day Yield of 3.66% as of July 2026
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Public Trust Advisors, LLCcoreTechnology or IntegrationPublic Trust Advisors, LLC serves as the Investment Advisor and Administrator for Wyoming CLASS. They are responsible for all program investment and administrative activities and services provided on behalf of Participants. They operate under the PTMA Financial Solutions brand and provide credit research, portfolio management, and operational support.
• U.S. Bank, N.A.coreOthersU.S. Bank, N.A. serves as the Custodian for Wyoming CLASS. The custodian holds the fund's assets and provides safekeeping services in accordance with the program's operational requirements.
• TP3B LLC (d/b/a Peaks Investment Management)minorGTM or Marketing PartnerTP3B LLC, doing business as Peaks Investment Management, provides marketing collaboration and endorsement of Wyoming CLASS. In return for this partnership, TP3B receives cash compensation equal to 0.05% of assets in Wyoming CLASS annually. TP3B is not a Participant in Wyoming CLASS.
• Cohen & Co.minorOthersCohen & Co. is listed as a service provider for Wyoming CLASS, providing audit or accounting services to the program.
• Crank Legal Group, P.C.minorOthersCrank Legal Group, P.C. is listed as a service provider for Wyoming CLASS, providing legal services to the program.
• PTMA Financial SolutionscoreTechnology or IntegrationPTMA Financial Solutions is the brand under which Public Trust Advisors, LLC and related entities operate. PTMA Investment Advisors provides investment advisory services to the Fund. The organization includes PTMA Financial Solutions, Public Trust Advisors, LLC, PMA Financial Network, LLC, PMA Securities, LLC, and PMA Asset Management, LLC under common ownership.

Scale indicators5 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Florida PRIME: Florida PRIME is a Florida LGIP providing pooled, liquid investment options for Florida public entities. Same LGIP product, similar short-duration WAM and stable NAV mechanics, and directly comparable target customers.
• Texas CLASS: Texas Cooperative Liquid Assets Securities System is the Texas state-level analog of Wyoming CLASS, pooling public-entity funds under the same cooperative LGIP model. It is the most direct comparable in structure, governance, and target customer base.
• Colorado CLASS: Colorado Cooperative Liquid Assets Securities System, previously administered by a PMA Financial Network affiliate (a related entity to Public Trust Advisors), operates the same cooperative LGIP model for Colorado public entities. Direct structural and operational peer.
• Pennsylvania Local Government Investment Trust (PLGIT): PLGIT is a Pennsylvania LGIP pooling operating, reserve, and bond proceeds for municipalities, school districts, and authorities. Same product category, similar participant onboarding model, and parallel governance structure.
• California Asset Management Program (CAMP): CAMP is a California LGIP serving public agencies, schools, and special districts with a pooled money-market-like vehicle. Closely comparable product offering, customer type, and regulatory rationale.
• NYCLASS: New York Cooperative Liquid Assets Securities System is the New York state LGIP that pools funds from political subdivisions using the same cooperative statutory-trust model. Direct overlap in product structure, regulatory framing, and end-customer profile.
• LOGIP (Louisiana): Louisiana Government Investment Pool is a cooperative LGIP serving Louisiana political subdivisions. Closely comparable cooperative statutory-trust structure and participant profile.

Broad incumbents

• Public Trust Advisors, LLC: Public Trust Advisors is the investment advisor and administrator for Wyoming CLASS and also administers other state CLASS-style pools (e.g., New Mexico). As the operating-services provider to Wyoming CLASS and to peer LGIPs, it is a structural incumbent across the cooperative LGIP category.
• BlackRock Liquidity Funds: BlackRock offers institutional government and treasury money-market funds that compete for the same public-entity cash balances targeted by Wyoming CLASS. A broad incumbent in the cash-management category, though not a cooperative LGIP.
• Federated Investors (Federated Hermes): Federated Hermes manages a large suite of government and tax-free money-market funds used by municipalities and public entities. Operates in the same adjacent cash-management category serving government customers with similar liquidity and safety objectives.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Wyoming Cooperative Liquid Assets Securities System