MSRB-Registered Municipal Advisor Firms with Series-50 Qualified Representatives

The Firms tab displays municipal advisor firms registered with the MSRB that have at least one individual associated with the firm who has passed the MSRB’s Municipal Advisor Representative Qualification Examination (Series 50). The Representatives tab displays the names of individuals associated with the firm who have passed the Series 50 exam.Qualification information is updated weekly.2 Read more about working with regulated municipal advisors in the MSRB Education Center.


1The Series 50 is designed to test broad-based knowledge of the business and regulations applicable to municipal advisory activities. The examination is not designed to specifically test each specialized functional role or service that may be provided on behalf of a municipal advisor firm as defined in Section 15B of the Securities Exchange Act and, therefore, does not confer the degree of knowledge and expertise needed to provide a municipal entity or obligated person client with informed advice as required under MSRB Rule G-42.

2Qualification information is updated weekly after 5 p.m. Eastern Time on the first business day of the week and is dependent on the quality of the data a municipal advisor submits to the Securities and Exchange Commission (SEC) on SEC Form MA-I. If you believe a Series 50-qualified representative may be omitted from this list in error, please contact MSRB Support at 202-838-1330.