PFM Boosts Healthcare Expertise with Asset Acquisition of Melio & Company

Media Contact:
Maritza Kelley, Director of External Affairs & Communications
(512) 614-5331 l

Philadelphia, PA, Friday, March 31: Today, PFM, the nation’s leading independent municipal advisor1, expanded its healthcare practices within PFM Financial Advisors LLC and PFM Group Consulting LLC with the acquisition of substantially all the assets of the municipal advisory, healthcare solutions, and treasury consulting services business of Melio & Company, a premiere healthcare financial advisory firm.

“The asset acquisition of Melio & Company signifies the importance of the healthcare sector to PFM.  We are pleased to welcome all Melio & Company employees as part of the transaction. Together, we will provide enhanced tools and a depth of expertise on behalf of all the PFM/Melio & Company client base,” commented PFM CEO Dan Hartman.

Melio & Company was founded over fifteen years ago by Mark Melio, who wanted to focus exclusively on serving clients in healthcare after two decades on Wall Street. Since its founding, Melio & Company has provided financial advice to healthcare systems and not-for-profit hospitals nationwide.

“After achieving terrific success advising the healthcare sector, Melio & Company is pleased to combine forces with PFM to further our client’s goals.  PFM’s advisory products and services, technical resources, and depth of relationships in the public and not-for-profit sectors is unparalleled,” remarked Mark Melio, now a Senior Director at PFM.

This transaction will strengthen the existing healthcare practices at PFM. For over 30 years, PFM has generated powerful results for not-for-profit healthcare providers, from multi-state healthcare systems and academic medical centers to community hospitals and senior care providers. PFM's healthcare practices assist clients with raising capital, strategic financial planning and management, and more amidst a rapidly evolving healthcare environment.

“We expect to provide Melio & Company’s loyal client base with a seamless transition.  The expanded team is ready to deliver superior service to the entire healthcare sector,” commented Jeremy Bass, Managing Director and Head of the Healthcare and Higher Education Practices at PFM Financial Advisors, LLC. 

All members of the acquired business will serve as an integral part of PFM. The financial advisory healthcare practice will be co-led by Florien Bouwmeester, from Melio & Company, and PFM Director Brian Carter, under the leadership of Jeremy Bass. The treasury consulting practice will now have a specialized healthcare team led by Aimee Trepiccione from Melio & Company, under the leadership of Mike Nadol, President of PFM Group Consulting LLC.

“Melio & Company has advised some of the nation’s leading health systems on strategic and tactical treasury optimization and banking relationships for many years.  This is a tremendous addition to PFM’s best-in-class treasury consulting practices,” said Mike Nadol.

The transaction takes effect on Friday, March 31.

About PFM

At PFM, financial advisors and consultants partner with clients to transform their world. Our clients have individual needs, and our tailored advice reflects this. We have the flexibility to support the largest endeavors any client could contemplate with teams that maintain the camaraderie, collaboration, and creativity that define working with PFM. We combine superior financial advice, disciplined management, and ingenuity to build, power, move and educate.

PFM is the marketing name for a group of affiliated companies providing a range of services. All services are provided through separate agreements with each company. This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation.

For more information regarding PFM’s services or entities, please visit For important disclosure information, please visit


1Ranked by Ipreo in terms of par amount as of December 31, 2022.  PFM’s financial advisory business consists of PFM Financial Advisors LLC presently and also included Public Financial Management Inc. through December 6, 2021. PFM Financial Advisors LLC commenced operations on June 1, 2016. All transactions prior to such date were effected through Public Financial Management Inc.


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