Reliable Municipal Advisors, LLC

Reliable Municipal Advisors is a state-registered investment adviser that positions itself to work with tax-exempt issuers, institutional and business clients — including charities, foundations, and municipal or corporate borrowers — while also offering financial planning and portfolio management services for individuals and small businesses. The firm lists qualified 501(c)(3) bond advisory, broad-based financial planning, and non-discretionary portfolio management among its services.

For municipal and bond engagements the firm provides transaction-level advisory work such as sizing and structuring issues, preparing bid requirements, advising on public versus negotiated sales, and evaluating underwriter or lender fees; for managed accounts it operates on a non-discretionary basis and seeks client approval before trades. Its fee arrangements combine common percentage-based asset fees and transaction-based bond fees with the less-common use of hourly billing for financial planning and consulting.

What is distinctive about the firm is the combination of legal and advisory capabilities: the principals maintain active law practices and present bond advisory services that integrate legal and transaction advice alongside investment work. The firm’s client mix that explicitly includes corporate/business and municipal issuers, its small two-advisor structure, and its stated avoidance of discretionary and performance-based fee arrangements set it apart from many investment managers that primarily run pooled or discretionary institutional mandates.