In a world of intense competition among financial service providers, what makes KMA different? In addition to our services, we offer a unique approach to consulting engagements based on our firm's core strengths:
- Attention to Detail
Our firm is committed to objective analysis, free from any direct or indirect conflicts of interest. When we are retained by a client, we serve only that client. Moreover, our compensation is structured so that our interests stay aligned with yours. For example, our firm is compensated so that we do not favor a pre-determined financing vehicle or seek to inflate the sizing of a bond issue that could jeopardize our client's long-term financial position. Instead, we stay objective, delivering only recommendations that protect our client's long-term interests.
Kane, McKenna and Associates is a member in good standing of the National Association of Independent Public Finance Advisors, and abides by its standards of conduct and ethics.
KMA is committed to delivering the best solution to satisfy the specific needs of our clients. The best solution does not always come from a cursory review of the obvious, nor is it necessarily the easiest to implement. That's why we are often called upon to develop and implement complicated financing solutions, often from start to finish.
We go beyond standard solutions to determine the best answer for our client. We take into account changing institutional arrangements, evolving best practices, shifts in the legal environment and market conditions. We take on each situation with an open mind – without preconceived notions or cookie cutter solutions – not limiting what we consider in developing the best overall financing plan to meet our client's needs.
Successful financing of public or private development projects requires frequent communication with all stakeholders. We provide continual assistance in working with all the "players" on a given project – including elected officials, municipal staff, developers, oversight boards, credit rating agencies, credit enhancement entities, attorneys and underwriters. Because we know the players – and they know us – we can expedite project financing, increasing the likelihood it will stay on track and on time.
Attention to Detail
Details are critical to successful financing. For example, clearly defined "public purposes" for tax-exempt bonds are vital to ensure that a municipality qualifies for the best possible interest rate on debt. They also help to maximize potential investment earnings on bond proceeds. Similarly, through constant monitoring of state and federal legislation, KMA keeps our clients in compliance with the ever-growing regulatory burden associated with development and TIF financing. We give careful attention to every aspect of our work to assure that nothing is overlooked - whether it is preparation of key economic development planning documents, quantitative analysis of your financing options, due diligence on developer proposals, or examining underlying assumptions that drive a project.