Updated March 26 at 7:54am

PFM Group opens Providence office


PROVIDENCE – Financial advisory firm PFM Group announced Monday the opening of its Providence office at 10 Weybosset St.

The office’s senior managing consultants are Willaim Fazioli and Stephen Maceroni; Peter Scoliard has relocated from PFM’s Boston office to join them.

PFM specializes in financial advisory services for state and local governments, and nonprofit organizations.

“Our work for municipal clients throughout New England has grown considerably over the past few years, and we had been coordinating that work from our Boston office,” said PFM Managing Director June Matte.

“PFM has served clients in Rhode Island since the early 1990s, but this addition of senior consultants based in Providence will allow us to serve a broader base of Rhode Island clients as well as other local government clients in Massachusetts, Connecticut and New Hampshire,” she said.

Fazioli has worked as a financial advisory to the City of Newport, and the City of Keene, N.H., and the Hartford Metropolitan District Commission, Conn. In the public sector, he served as city manager of East Providence; as treasurer of Charlestown; and as finance director for the Town of North Providence.

Maceroni has structured a “broad range of tax-exempt financing transactions, including general obligation and appropriation debt for cities and towns as well as revenue bonds for not-for-profit and educational institutions,” a news release said.

The PFM Group has 33 offices nationwide and employs more than 445 people.


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