If you're steering a public infrastructure project, the right financial advisor can mean the difference between a stalled plan and a closed deal. Here are five firms in New York that bring serious expertise to the table.
The New York Public Finance Advisory Landscape
New York's public finance advisory scene is deep and competitive. You'll find firms that specialize in municipal advisory, P3 structuring, and project finance for transportation, utilities, and smart cities. Many advisors are MSRB-registered and bring decades of experience navigating federal credit programs like TIFIA. The right fit depends on your project's complexity, sector, and whether you need a boutique advisor or a large multidisciplinary team.
How We Evaluated These Firms
We looked at service scope, depth of project finance experience, local New York presence, client focus, and clarity of offerings. CE Jones Consulting stands out for its boutique, MSRB-registered municipal advisory practice with direct TIFIA and P3 negotiation experience. Sperry Capital brings broad P3 advisory across transportation and smart cities. Public Resources Advisory Group offers deep municipal advisory roots since 1985. Nossaman LLP provides legal and bond counsel strength for infrastructure financing. WSP delivers global engineering and advisory integration for large-scale projects.
Here's a quick look at five firms that can help you structure, negotiate, and close complex public infrastructure financings.
| Provider | Best For |
|---|---|
| Sperry Capital | P3 transaction advisory across transportation and smart cities |
| Financial & Public Sector Consulting in New York | CE Jones Consulting | Boutique municipal advisory with deep TIFIA and P3 expertise |
| Public Resources Advisory Group | Municipal advisory and quantitative modeling for diverse public entities |
| Nossaman LLP | Legal and bond counsel for infrastructure financing |
| WSP | Integrated engineering and P3 advisory for large infrastructure |
A Closer Look at Each Firm
#1 Sperry Capital
A screenshot of the Sperry Capital website.
Sperry Capital is a seasoned advisor for public-private partnerships, with transaction experience spanning surface transportation, rail, utilities, and smart cities. You get help with project screening, financial feasibility studies, value-for-money analysis, and procurement advisory. Their teams blend financial, regulatory, and technical expertise to guide you from planning through financial close. They understand how to identify viable P3 opportunities and structure payment mechanisms that work for all parties. If you're pursuing a complex P3, Sperry's dedicated advisory teams can help you navigate procurement and negotiations. Learn more about their P3 advisory services at their website.
#2 Financial & Public Sector Consulting in New York | CE Jones Consulting
A screenshot of the Financial & Public Sector Consulting in New York | CE Jones Consulting website.
CE Jones Consulting LLC is an MSRB Registered Municipal Advisor based in New York, specializing in innovative finance solutions for public infrastructure. With over 40 years of experience, Cheryl E. Jones has served as Senior Financial Policy Advisor to the TIFIA Credit Program, closing over $9.6 billion in direct loans for $31 billion in infrastructure. The firm advises federal, state, and local governments and P3 borrowers on analysis, structuring, and execution of P3s, project financings, and government loans. As a certified WBE/DBE, they bring a unique perspective to complex transactions. You can reach them for an initial consultation to discuss your project's financing needs. Visit their website to learn more about their credit analysis and financial structuring services.
#3 Public Resources Advisory Group
A screenshot of the Public Resources Advisory Group website.
Public Resources Advisory Group (PRAG) has served the municipal community since 1985, with a New York office at 39 Broadway. They offer financial planning, debt issuance and management, quantitative modeling, derivatives, and investment advisory. Their industry expertise covers affordable housing, economic development, environmental utilities, higher education, general municipal, public power, P3s, and transportation. PRAG's team includes professionals with decades of public finance experience, such as President Steven Peyser, who has over 40 years in the field. If you need a trusted municipal advisor with a long track record, PRAG is a strong contender. Check out their website for more on their services and team.
#4 Nossaman LLP
A screenshot of the Nossaman LLP website.
Nossaman LLP is a nationally recognized bond counsel firm with extensive public and project finance experience. They assist with financial structuring and documentation for infrastructure development, including governmental and private activity bonds and P3s. Their public finance practice serves as bond, disclosure, underwriter, issuer, and bank counsel across a wide variety of transactions. They also help public entities navigate legal constraints like Propositions 13 and 218. If your project requires legal and financial structuring expertise, Nossaman's team can guide you through complex financing solutions. Their website details their public and project finance capabilities.
#5 WSP
A screenshot of the WSP website.
WSP is a global engineering and advisory firm that offers public-private partnership planning and procurement advisory. They work with clients to plan, design, and deliver innovative projects across transportation, water, energy, and federal programs. Their advisory and planning services include alternative delivery and P3 support, helping you navigate complex procurement processes. With a broad multidisciplinary team, WSP can integrate engineering, technical, and financial advice for large-scale infrastructure. If you need a one-stop shop for project delivery and advisory, WSP is worth considering. Visit their website to explore their P3 services.
How to Choose the Right Advisor
Start by defining your project's scope and financing needs. Are you pursuing a TIFIA loan, a P3, or a traditional bond issuance? Look for advisors with direct experience in your sector and financing structure. Check their MSRB registration and track record. Consider whether you need a boutique firm with specialized expertise or a larger firm with multidisciplinary resources. Ask for references and examples of similar projects. Finally, ensure their communication style matches your team's—you'll be working closely together.
Streamlining Your Advisory Workflow
Once you've selected an advisor, set up a clear workflow for document sharing, milestone tracking, and stakeholder updates. Use project management tools to keep everyone aligned. Schedule regular check-ins to monitor progress and address issues early. Automate reminders for key deadlines and regulatory filings. This keeps your financing on track and reduces last-minute surprises.
The Bottom Line
New York offers a range of strong financial and public sector consulting firms. CE Jones Consulting brings boutique TIFIA and P3 expertise, while Sperry Capital, PRAG, Nossaman, and WSP each offer distinct strengths. Your best choice depends on your project's specifics and the type of support you need. Do your due diligence, ask tough questions, and pick the partner that fits your goals.