In 1980, Marty Margolis founded the investment management business conducted by PFM and currently serves as chief investment officer. Marty oversees the development and implementation of client investment policies, as well as credit research and client portfolio management.
Marty is a leader in PFM’s effort to build a pension advisory and management business, and works closely with pension specialists across the firm. He also led the development of pooled investment programs for public agencies for more than 30 years, and has been involved in the development of state wide programs in Pennsylvania, California, Virginia, New Jersey, Florida, and Texas, as well as specialized pooled programs in the Virgin Islands and Massachusetts. Under his management, PFM has developed new technologies and approaches to structuring and bidding refunding escrows, along with programs to assist clients in structuring and pricing collateralized investment agreements, interest rate swaps, and other financial products for bond proceeds.
Marty has given many workshops and seminars on investment and debt management for government officials, and remains dedicated to serving public-sector and other institutional investors through his work at PFM.