Experience
A finance specialist since 1980, Adela Cepeda has advised municipalities and corporations on the structuring and execution of capital markets transactions exceeding $150 billion. In 2016, she sold A.C. Advisory, Inc. to PFM, the top ranked municipal advisor in the United States and became managing director of PFM until 2019. As a corporate finance executive at Smith Barney, Harris Upham for over 10 years, Ms. Cepeda developed a strong expertise in handling public and private debt and equity transactions. In 1991, she left Wall Street to build her own firm, A.C. Advisory, which she led to a national leadership position in municipal financial advisory services. Read more.