Conservative, personalized strategies.

Since 1946 FirstSouthwest has been a trusted leader in public finance, incorporating structured financial products where applicable into the asset and liability strategies of public sector entities nationwide.

Philosophy and Services
The philosophy of our professionals is fundamentally conservative, highly personalized and always reflective of the responsibilities associated with public transactions.

Each of our professionals has vast and diverse experience in creating comprehensive financing and hedging strategies applicable to balance sheet management that include identifying hedging alternatives and analyzing risk factors.

Although our personalized advisory services center on structuring and asset/liability management, we also provide execution services in derivative markets and cash (securities) markets.

Our accounting and backoffice valuation systems meet Type II SAS 70 requirements and comply with GASB and FASB accounting standards. Each system provides surveillance functions relating to credit and market value thresholds.

Our personalized services include:

Benefits
Beyond our technical expertise and experience, other benefits we can offer our clients include:

• We provide help with board and staff education.
• We offer access to analytically sound counsel based on the needs of each client.
• Our firm’s direct and ongoing participation in the capital markets gives our clients the realtime local and national market sensitivity to make better decisions.
• Our in-house expertise in financial advisory, arbitrage rebate and continuing disclosure is readily available to all our clients.

To learn more about our capabilities, please contact us today.

Disclosure: The information contained in the following material ( the "Information") may include various forms of performance analysis, security characteristics and securities pricing estimates for the securities addressed. The data underlying the Information has been obtained from sources that First Southwest Company believes to be reliable, but First Southwest Company does not guarantee the accuracy of the underlying data or computations based thereon. As with all models, results may vary significantly depending upon the value of the inputs given. Models used in any analysis may be proprietary making the results difficult for any third party to reproduce. Contact your investment representative for detailed explanations of any modeling techniques employed in the Information.

Structuring
Using financial products such as swaps, caps, collars and other derivative products, FirstSouthwest has helped clients meet their financing goals by implementing funding and investment strategies that may take advantage of rewards not currently available in the traditional capital markets.

Asset/Liability Management
The firm’s philosophy of maintaining a conservative approach is designed to maximize benefits and provide competitive pricing which affords clients a solid foundation from which to assess risks on both assets and liabilities taking into consideration investment strategies and future debt issuances.

Execution
To assist clients considering the use of financial products, FirstSouthwest has developed a comprehensive menu of services. The depth of the firm’s resources allows us to customize services for clients rather than offering a one-size-fits-all approach.

Surveillance
FirstSouthwest can provide the independent validation of market values, payments, collateral requirements and counterparty ratings that many auditors demand in today’s financial markets. FirstSouthwest is an industry leader in developing approved calculation methodologies for derivatives among the auditing community. Our surveillance systems have received SAS 70 Type II certification by an independent auditor.

FirstSouthwest's experienced Structured Finance professionals are proficient at developing personalized strategies to meet each client’s needs. To learn more about how we can assist you, please contact any member of our team.