Speer Financial, Inc., is a nationally recognized, employee-owned firm of municipal advisors, founded in 1954. Speer Financial works solely with governmental entities as municipal advisor and specializes in debt issuance and related services. As independent advisors, Speer is dedicated to serving our clients’ best interests and creating high-quality long-term financial solutions.


Speer Financial does not underwrite, purchase or sell bonds, nor is the firm affiliated with any bank, underwriter or investing institution. We are able, therefore, to render financial advice to our clients without bias or conflict of interest. Our services are solely for the benefit of our governmental clients. We are charter members of the National Association of Municipal Advisors, an industry coalition seeking to develop and promote ethical and professional standards for municipal advisory firms and their employees.


Speer brings our clients years of experience in the financial markets. Since 1996, Speer Financial has participated in the planning and sale of over 4,000 municipal securities issuances for a total par amount of over $22 Billion. We routinely handle securities such as: general obligation bonds, revenue bonds, debt certificates, notes, refunding issues, tax increment bonds, special assessment bonds and special service area bonds.


Speer maintains its headquarters in Chicago, Illinois and has a full service satellite office in Waterloo, Iowa. The firm maintains a staff with varied backgrounds and disciplines which equip the staff to respond promptly to client questions. Speer only accepts assignments within its staff's expertise and available time. Our many long-term relationships demonstrate the level of client satisfaction with our services.


Speer Financial is a member and/or sponsor of many professional organizations and charitable foundations.

  • National Association of Municipal Advisors

  • Government Finance Officers Association

  • Illinois Government Finance Officers Association

  • Illinois Association of Park Districts

  • Illinois Parks and Recreation Association

  • Illinois City County Management Association

  • Illinois Association of School Business Officials

  • Illinois Municipal League

  • Metro West Council of Governments

  • Lake County Municipal League

  • Will County Governmental League

  • South Suburban Mayors and Managers Association

  • Iowa Municipal Finance Officers Association

  • Iowa State Association of Counties

  • Iowa League of Cities

  • Iowa State Association of School Boards

  • Iowa Association of Community College Trustees

  • Iowa Association of Municipal Utilities