History of PFM
It started with the simple insight that governments and charitable institutions needed independent advice from people they could trust. Advice from people who understood their financial needs and challenges, inside and out. From people who respected the amazing work they do every day, always for the benefit of others.
PFM opened its first office in Philadelphia in 1975. From the very beginning, we had a distinct advantage over the competition: we understood the need for a financial services firm founded exclusively for the benefit of governments and charitable institution clients. Thanks to an unwavering commitment to serving our clients’ interests above all else, PFM has grown into one of the nation’s leading independent financial and investment advisors.
Today, PFM employs hundreds of professionals serving a diverse base of clients from locations in every region of the country. We are asset managers, financial advisors and consultants who work across a broad range of traditional and special purpose sectors. Our duty as a fiduciary, combined with our bedrock principles of Ingenuity, Sustainability and Resourcefulness, help us deliver on our promise of advice that will help our clients transform their world.