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About First Public

First Public helps financial officers get more out of their investments so they can get more done for the communities and organizations they support.

With $7 billion in client assets entrusted to us, First Public has built upon its roots as the financial arm of the Texas Association of School Boards. Today we are proud to offer our unique blend of comprehensive financial products and down-to-earth client service to forward-looking business administrators.

How We Do Business

Our company was founded to help communities improve their schools and public services. We are excited about our work and the good it does. More importantly, we understand the challenges of fund management, with the burdens of ever-tightening budgets, unpredictable markets, and endless paperwork. Our team strives to relieve you of these pressures, letting you focus on the ideas and initiatives that can make the biggest difference for those you serve. We go out of our way to keep you on the path to success.

A Quick History

First Public has been helping people build their future since 1987.  At that time we were known as the Texas Association of School Boards (TASB) Financial Services. We helped local governments and committed community leaders better manage their holdings and finances, issuing more than $600 million of municipal debt.

In 1991, we launched the Lone Star Investment Pool. Its goal was simple: to make the job of managing public funds safer and easier. Since then, Lone Star has expanded to serve a new generation of decision-makers and has become a national model for innovative investment pools.

Lone Star was among the first investment pools of its kind to let clients do transactions over the Internet and to tailor fund options to meet a range of investment goals. We also created a novel bond proceeds management program that helps leaders invest and monitor their construction bond proceeds more effectively.

As our clients' ambitions have evolved, so have we. On March 1, 2004, TASB Financial Services became First Public, dedicated to providing a broader range of innovative products and services to a larger audience. First Public is a registered broker-dealer with the Securities and Exchange Commission, the Financial Industry Regulatory Authority, and the Municipal Securities Rulemaking Board.

Meet Our Management Team

First Public's leaders are proud to be shaping one of the country's most responsive and client-friendly financial groups. Each brings a unique perspective to First Public, drawing from experience in mutual funds, financial operations, and leading-edge technology. Meet the team that can help you and your organization set and reach your investment and financing goals.

• Chris Szaniszlo - Managing Director
• William G. Mastrodicasa - Chief Compliance Officer
• Steve Orta - Director, Sales and Trading

Your Account is Protected

The securities in your First Public account are protected up to $500,000. Securities Investor Protection Corporation (SIPC) provides this coverage, of which up to $100,000 covers cash. For more information, please visit the SIPC Web site.

Please note that this account protection does not guard against losses due to market fluctuation.