Where public funds are fully protected and actively managed. Registered Municipal Advisors managing bond proceeds, funds and post-issuance compliance for schools, municipalities and public entities nationwide.
Over 30 years of experience · Series 50 & 54 licensed · MSRB #K1337
A single Series-licensed Municipal Advisor for every issuance and every filing.
Consolidated monthly reporting the board, bond counsel and IRS all understand.
Arbitrage rebate, 8038-T and 8038-R coordinated end-to-end with the IRS.
Public entity funds administered across a nationwide network of
over 700 insured institutions.
Program size as of 09/01/2026. Ampersand Public Advisors is not a bank or depository institution. Client funds are deposited, as agent, at FDIC- or NCUA-insured banks and credit unions within the Ampersand partner network.
Four protection instruments — offered by the banks in our network and administered by Ampersand — meeting state statutes governing public funds. Your team never touches the administration; we handle it all.
Pass-through federal deposit insurance applied across every institution in the network.
Third-party surety bonds cover balances above federal insurance limits, per state requirements.
Institutions pledge government securities against your balances — held by an independent custodian.
Federal Home Loan Bank letters of credit provide an additional protection layer where appropriate.
You see every dollar, every rate, every instrument in a single view. Ampersand handles the collateral, the reporting, the reconciliations and the state-statute compliance. Your team keeps managing the entity — not the paperwork.
Local Government Investment Pools are approved to use, so most public entities default to them. But the choice pulls public dollars out of the local community that supports the depositor. There's a better way — and it's structured to comply with applicable public funds requirements.
Comparisons are illustrative. LGIP structures and protections vary by state. Public entities should evaluate investment, liquidity, risk, operational and statutory considerations when comparing deposit programs and Local Government Investment Pools. Ampersand Public Advisors is a registered Municipal Advisor (MSRB #K1337) and not a bank. Client funds are placed, as agent, at FDIC / NCUA-insured banks and credit unions within the Ampersand partner network.
Custom solutions for public depositors — reducing your risk, minimizing management time, and keeping every issuance fully compliant.
Planning, investment selection, spend-down and post-issuance compliance for public entity bond proceeds.
Learn more 02Fund dimension accounting across capital projects, debt service, food service, operating, special revenue and trust funds.
Learn more 03Spend-down schedules, rebate calculations, and coordination of IRS Forms 8038-T and 8038-R.
Learn more 04RFP creation, coordination and execution. New bank relationships and safety-and-soundness reporting.
Learn more 05Direct payments to contractors and project vendors, DTC payments, quarterly progress reports.
Learn more 06Consolidated monthly statements, 24/7 online access, and data transmission for every stakeholder.
Learn moreYou keep your operating bank. Excess deposits flow through Ampersand into a nationwide network of community banks and credit unions — with FDIC / NCUA insurance, surety bonds, pledged collateral and FHLB letters of credit layered on every dollar.
Zero change to your day-to-day banking. Payroll, AP, checks — all stay put.
We act as your agent — distributing balances above what your operating account needs.
Dollars land in community banks and credit unions — 700+ institutions nationwide.
From K-12 school districts to counties, municipalities and special-purpose districts — Ampersand supports finance teams across the nation.
Schedule a 15-minute introductory call. We'll discuss how Ampersand Public Advisors can generate earnings, minimize management time and satisfy your stakeholders.
