Dallas-based diversified investment bank FirstSouthwest, which has served as financial advisor on more bond and note transactions in the past ten years than any other firm, ranking No. 1 nationally for nine of the past 10 years according to MuniAnalytics, today announced the firm expanded its nationwide presence with the opening of a new office in Phoenix located at 2398 E. Camelback Road.

In addition to public finance advisory and underwriting, the Firm also offers professional experience in asset management, capital markets, corporate finance and correspondent clearing. Known as a leader in public finance, FirstSouthwest takes a client-focused team approach to capital financing advisory service. This begins at the preliminary strategic stages of preparation for capital projects and continues with market leading advisory service for structuring, pricing and closing financing transactions. FirstSouthwest currently serves more than 1,600 public finance clients.

“I am pleased to welcome industry veterans Terry Maas and Bruce Kelley to the FirstSouthwest team,” said Hill A. Feinberg, chairman and CEO of FirstSouthwest. “Under their leadership, we look forward to providing our clients in this community with the highest level of service and professionalism that our company was founded on more than 65 years ago.”

Terry Maas joined FirstSouthwest in October, 2011, and in his role as senior vice president he manages both the Phoenix office and the Western region. With 37 years of experience in the public finance industry, Maas specializes in general government, utilities, airports, health care and special district financing. He has served many issuers in California, Nevada and Arizona over his career and has been responsible for the creation of billions of dollars in funding for many types of capital projects. Maas has been active in Arizona public finance for over 30 years having represented the cities of Scottsdale, Glendale, Phoenix, Nogales and many others as both underwriter and financial advisor. He is currently financial advisor to the Arizona Health Facilities Authority, the major issuer of health care bonds in the state. Maas is a graduate of the University of California, Los Angeles, and holds both an M.B.A. and an M.P.A. from California State University.

Bruce Kelley has over 30 years of experience, primarily in the health care area, and will serve as senior vice president in the Phoenix office.  Kelley specializes in merger and acquisition, affiliations and joint ventures, as well as underwriting and financial advisory services, involving nonprofit and governmental health care entities. He has acted as advisor in numerous transactions involving the acquisition or sale of healthcare facilities, including both acute care hospitals and systems, health maintenance organizations and transactions involving home health, hospice, personal care, skilled nursing and senior living facilities, and has provided underwriting or financial advisory services to many of Arizona’s hospitals. He received a Bachelor of Arts from Boston College and a Juris Doctor from the University of Notre Dame.