Richard S. Brandis
Richard Brandis began his career in the securities industry in 1985, with a small regional broker/dealer, concentrating on municipal bond sales and trading. With the focus of his sales efforts on the placement of new issues and secondary market offerings to high net worth individuals and institutions, Rick has been responsible for the distribution of over a billion dollars of municipal bonds. From his sales experience, Rick has developed a thorough understanding of the municipal marketplace.
In 1995, Rick brought his expertise and knowledge of the municipal bond market to directly serve public agencies as an investment banker. Rick has been responsible for identifying refunding candidates and structuring transactions. Also, Rick performs due diligence to meet disclosure requirements necessary for the sale and distribution of bonds. Rick has over 21 years of well rounded experience in the municipal securities industry. Through his relationships with both municipal agencies and the investor community, Rick understands the balance between issuer needs and what the investing public will buy.
From 1991 to 1998, Rick worked as an investment banker and municipal bond broker at Mark Pressman Associates, where he was also the Director of Research. Prior to forming his own firm, Rick joined Redwood Securities Group Inc. in March of 1998 as Vice President of Public Finance. In addition to providing investment banking services, acting as lead banker for numerous issues, Rick was the head municipal bond trader for Redwood, handling the pricing and sale of all new issues. Rick received a B.A. in Political Science from the University of California at Davis in 1983. His professional qualifications include NASD Series 7, 24, 53 and 63 licenses.
Nicole Tallman began her career in municipal finance in 1993. She brings her experience as a senior banker, providing account coverage to small and medium sized municipal issuers in California. Nicki has a broad range of financial expertise with an in-depth knowledge of financing techniques. Nicki works with a number of advanced cash flow models to optimize the use of debt and cash to fund capital improvements and perform fiscally prudent financings. Many issuers find these models invaluable in accurately and factually projecting capital financing plans that meet their short- and long-term needs.
Nicki has been responsible for structuring transactions including preparing sources and uses of funds, debt service schedules, escrow calculations and cash flow projections; performing due diligence work and drafting official statements; performing follow-up consulting services including accounting and administration assistance, and; overall management and timing of the projects. Additionally, Nicki has served her clients by providing comprehensive review and analysis of financial conditions and debt structure; preparing complete accounting transcripts and summary documents for transactions; and providing comprehensive follow up support.
Nicki has participated in review board interviews and CDIAC policy development forums; assisted public agencies with continuing disclosure and GASB, SEC and CDIAC annual reporting requirements and has presented educational sessions for both CSMFO and CMTA.
Prior to forming her own firm, Nicki was Vice President of Public Finance for Redwood Securities Group, Inc. and an investment banker with Mark Pressman Associates. Before entering the field of municipal finance, Nicki worked as a C.P.A. with Arthur Andersen LLP where she performed audits and provided consulting services to municipalities. Nicki has a bachelor’s degree in Accounting from the University of San Diego where she graduated Magna Cum Laude in 1990. She holds NASD Series 7, 24, 53 and 63 licenses, and is licensed as a Certified Public Accountant in the State of California.