Building stronger foundations.

Providing expert delivery on impactful transactions, we make a difference through our work and the communities which we serve.

Our services.

Municipal Advisory

Our municipal advisory team leverages quantitative analysis and qualitative experience to provide solutions to public agencies across the country. We cover multiple sectors including infrastructure and transportation, utilities, education, and general government.

Public Finance & Capital Markets

Our municipal finance professionals deliver strategic solutions across transactions of every size, from complex public market offerings to privately placed debt issuances. Whether executing large-scale bond issues, specialized transactions, or refinancing strategies, our underwriting and banking team provides customized solutions backed by transparency and market expertise.

Our firm.

Backstrom McCarley Berry & Co., LLC’s track record in public finance is built on a strong foundation of deep institutional experience and a hands-on approach to every client. With decades of experience across municipal advisory and capital markets solutions, we have delivered across sectors, deal structures, and regions nationwide.

That experience is the infrastructure of our firm: engineered through insight, strengthened by execution, and designed to evolve. It supports how we think, how we advise, and how we deliver. 

As the needs of clients and communities continue to change, so do we. We are committed to building on what we’ve established to deliver results that matter—for our clients, their residents, and future generations.

Hands-on approach meets institutional experience.

Our clients benefit from a hands-on approach backed by our team’s depth of insight across capital markets, credit strategy, and quantitative analysis.  

With this foundation of expertise, we navigate complexity and deliver results with confidence. The result is a more accountable, more effective, and more reliable partner for our clients.

Recent achievements.

#12

Ranked municipal advisor nationally for long-term issues

Red Book, Fall 2025

#5

Ranked full to each municipal advisor for transportation, water and sewer (combined infrastructure) transactions

LSEG, 2024-2025

#6

Ranked equal to each municipal advisor for transportation, water and sewer (combined infrastructure) transactions

LSEG, 2024-2025

Green Bond Deal of the Year

Municipal Advisor on New York Transportation Development Corporation’s $1.95B green bond for the JFK International Airport Terminal 6 redevelopment.

The Bond Buyer, 2025

Recent transactions.

May 2026

San Francisco International Airport

$1,148,305,000

Second Series Revenue Refunding Bonds
Series 2026 AB

Co-Municipal Advisor 

Jan 2026

Triborough Bridge & Tunnel Authority

$750,000,000

Payroll Mobility Tax Bond Anticipation Notes
Series 2026 A-1 & A-2

Co-Municipal Advisor

March 2026

State of California

$2,394,000,000

General Obligation Bonds and Refunding Bonds

Co-Manager, Underwriting 

February 2026

California Department of Water Resources

$546,050,000

Central Valley Project Water System Revenue Bonds

Co-Manager, Underwriting