Steve Faber manages the firm’s Princeton, New Jersey office. He is directly responsible for the marketing of PFM’s investment advisory services to clients in the Northeast and nationally to the public power industry. As of March 31, 2019, Steve and his team are responsible for total assets under management or advisement of $4.8 billion (includes fixed income, multi-asset, and pool).
Steve works with clients to develop and execute strategies to maximize the risk-adjusted yield earned on operating funds and bond proceeds, to develop integrated asset/liability management strategies and to implement long-term solutions for the investment of reserves and endowed funds. His clients are drawn from regional and state authorities, healthcare organizations, insurance funds and higher educational institutions.
Prior to joining PFM in 2001, Steve served as a senior investment banker in the public finance group of First Union Securities, where he was responsible for originating and structuring debt transactions and derivative applications for issuers throughout the Mid-Atlantic region.
Steve is a member of numerous government and education finance organizations and a frequent speaker on investment-related topics.