Rice Financial Products Company is one of the fastest growing underwriters of municipal bonds in the United States today, rising from a 43rd place ranking among underwriters in 2006 to a 19th place ranking in 2010.

Founded in New York in 1993, Rice Financial provides services to municipalities and not-for-profit institutions in four key areas:

• Structuring and Underwriting

• Municipal Sales and Trading

• Taxable Fixed Income Investing

• Derivative Products

Rice Financial has experienced a remarkable transformation in the past few years.  Since 2006, the firm has:

• increased its municipal bond underwriting volume fourfold

• opened new offices in California, Florida, Georgia, Missouri, New Jersey, North Carolina and the District of Columbia

• secured book-running senior manager assignments in some of the country’s most prestigious underwriting syndicates, including the City of New York, the New York State Empire State  Development Corporation, the State of Ohio, the District of Columbia, the U.S. Virgin Islands, and the cities of Atlanta, Chicago, Cincinnati, Houston and Memphis, among others. 

Building on a reputation for technical expertise and creative problem solving, Rice Financial has blossomed from a respected Wall Street derivative boutique to a nationally recognized bond underwriter and taxable fixed income investment provider.

Recent Highlights

• 578% increase in underwriting volume, from $7.7 billion in 2006 to $52.3 billion in 2010.  Our national rankings rose from 43rd to 19th place nationally, full credit to each manager.

• Senior manager on transactions for the City of New York, City of Houston, State of Ohio, Virgin Islands Water and Power Authority, City of Chicago, District of Columbia, Charleston Water System (SC) and Harris County Toll Road Authority (TX), among others.

• Senior manager of Jackson Public Schools transaction (Mississippi), which earned acclaim as a Bond Buyer Southeast Region Deal of the Year