Columbia Capital follows best practices in public funds management, seeking safety, liquidity and yield, in that order, while working to ensure full compliance with state laws and local investment policies.
Our investment advisory services provide cash management and bank consulting services to local governments. Our principal functions include: portfolio management; portfolio accounting and reporting; analysis of banking and custodial relationships; legal compliance; client service; and, economic analysis.
Columbia recommends the highest quality debt issues in managing its clients’ fixed income investments. We seek to avoid credit risk and view derivative securities and similar investments as inappropriate for short-term portfolios of local governments. As of March 31, 2021, we manage approximately $890 million of short-term portfolios and qualify as a registered investment adviser with the SEC.
At a time when municipal finance departments have only gotten smaller, Columbia Capital serves as an extension of staff to ensure the organization's investment program is implemented effectively and with full compliance with state and local laws, trust indentures and investment policies.
In addition to these services, Columbia also serves municipal bond issuers as a broker for various types of structured investments for bond proceeds, including refunding escrows and project fund investment agreements.
idle funds portfolio management
bond proceeds portfolio management
Portfolio Accounting & Reconciliation
GASB 34-compliant reporting
statutory and policy compliance
bank collateral management
Issuers and borrowers large and small, from coast to coast, have relied upon Columbia Capital as a strategic advisor for 25 years.
Columbia Capital combines 150 years of public finance expertise among its team of highly experienced, proven professionals.
Columbia Capital is unaffiliated with commercial and investment banks, insurance companies and others in the financial services industry.
Columbia Capital Management, LLC is a registered with the US Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) as a municipal advisor. The firm is also registered with the SEC as a registered investment adviser. Columbia Capital has a statutory duty to serve its governmental clients as a fiduciary.