Tennessee Public Finance

Strategic investment in Tennessee’s future

Raymond James has deep roots in Tennessee and remains committed to the Volunteer State, having established Memphis as the firm’s Public Finance and Fixed Income headquarters. The firm maintains institutional sales offices in Nashville, Memphis, Adams and Knoxville and public finance investment banking offices in Nashville and Memphis.

Our goal is simple: Help provide clients with quality financial services. In doing so, over the last 10 years, Raymond James ranks as the No. 1 market participant in Tennessee.*

23

public finance professionals in the state

10

municipal bond underwriters nationwide

200

institutional fixed income sales professionals nationwide

8,800

financial advisors nationwide

$59B

under management in 210,883 retail accounts serviced by 362 financial advisors in the state

As of December 31, 2024
*Source: Bloomberg, based on total number of transactions

Full-service Capabilities

Services

  • Underwriting
  • Financial advisory/municipal advisor
  • Placement agent
  • Bond proceeds investment strategy
  • Derivatives advisory
  • Rating agency strategy
  • Debt portfolio analysis and structuring
  • Capital project planning
  • Financial/budget projections
  • Continuing disclosure dissemination agent

Debt advised on or underwritten

  • General obligation bonds
    • Limited tax
    • Unlimited tax/referendum
    • Alternate revenue source
  • Utility revenue bonds
  • Tax anticipation warrants/notes
  • Master lease program financing
  • Tax increment financing (TIF)
  • Tax-credit financings
  • USDA financings

Issuers Served

  • Municipalities
  • Counties
  • School districts
  • Water and sewer/utilities
  • Economic development projects
  • Charter schools
  • Community colleges
  • Universities
  • Transportation authorities
  • Airports
  • Housing
  • Healthcare
  • Senior living

Team

Elizabeth Zuelke
Director
   
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Hugh Tanner
Hugh Tanner
Managing Director
   
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Lukas Fischbach
Lukas Fischbach
Associate
   
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Public Finance Market Watch

In-depth and timely commentary and analysis on the municipal market from industry experts.