Lamont Financial Services Corporation (“Lamont” or the “Firm”) is a nationally ranked independent financial advisor specializing in public finance. The sole focus of the Firm is to provide financial advisory services to our clients, which are primarily states, state agencies and municipalities. The Firm maintains offices in Wayne, New Jersey; Los Angeles, California; and the Jefferson City, Missouri area.
Lamont was organized with the philosophy that public finance issuers should have the option to hire a financial advisor with investment banking capabilities. As an independent advisory firm, Lamont is able to sit at the issuer's side without any potential conflict of interest resulting from underwriting or marketing activities. This philosophy enables Lamont to stand as the issuer's representative and advocate throughout the entire development and issuance process.
Lamont has completed financial advisory assignments on over 730 series of bonds totaling over $117 billion in par amount since its founding in 1987. This broad experience covers all types of market conditions and financing structures, enabling Lamont to assess the risks, benefits, and appropriateness of various financing alternatives prior to entering the market. The firm’s reputation for quality work and analytical depth in addressing policy, programmatic, and financial issues for both existing and new programs is respected throughout the industry. Lamont’s national practice of state-level advisory services is an asset which allows us to keep all of our clients up-to-date on policy and capital market trends. Lamont has particular expertise in managing revolving loan programs, including mortgages, loans to localities for infrastructure improvements, and energy efficiency investments. Lamont was ranked 9th overall of the nation’s top 100 financial advisors (Source: Thomson Financial Securities Data).
The Firm’s reputation for quality work and analytical depth in addressing policy, program and financial issues for new program development and existing programs is respected throughout the industry. That reputation is demonstrated by our rankings, in the long-standing relationships we maintain with our clients, often through one or more changes in political administration, and by our leadership role in advocating and achieving credit rating upgrades on behalf of our clients.
Lamont professionals provide a full range of advisory and financial consulting services. Our experienced team includes a former bond and tax attorney, former government officials, investment bankers, and credit and quantitative specialists. The Firm utilizes these varied backgrounds to develop customized approaches for each of its clients, from program conception through ongoing implementation. We work to integrate program managers, the finance team, bond and tax counsel, credit enhancement providers, and rating agencies to efficiently implement complex programs.
This attention to the ongoing policy and administrative needs of our clients is particularly important for large, sophisticated issuers who utilize complex financial products. Utilizing a team approach that applies the legal, policy, and analytical skills of each of our professionals, we are able to identify and resolve the policy and implementation issues for new products before the financing is initiated. Addressing these issues early and fully is a key element to the successful use of any financial product.