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Who We Are

Our experienced team is committed to providing our clients with exceptional, personalized service to assist with investing and benefits management.

Meet our key team

First Public is a registered broker-dealer with the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the Municipal Securities Rulemaking Board (MSRB) and is licensed with the Texas Department of Insurance.

Our two primary offerings, the Lone Star Investment Pool and the TASB Benefits Cooperative have access to a full range of professional providers and partners to ensure best-in-class products and services. 


First Public Leadership


Bill Mastrodicasa Headshot
Managing Director
Bill Mastrodicasa

About Bill

Bill Mastrodicasa has been with First Public since 2003 and serves as the managing director, where he oversees all aspects of the investment and insurance services offered to clients. He brings more than 28 years of experience in the financial services industry to the role, including positions at several major Wall Street firms.

During his tenure at First Public, he has held other key leadership positions, including chief operating officer, chief compliance officer, and director of operations and compliance.

Prior to joining First Public, Mastrodicasa was president and chief compliance officer for Patagon.com Securities Corp., a wholly owned subsidiary of the multinational financial services company, Banco Santander. Mastrodicasa previously worked at The R.J. Forbes Group, Inc. (acquired by TD Ameritrade) where he was president of Electronic Brokerage Services and at Waterhouse Asset Management, a wholly owned subsidiary of TD Ameritrade (formerly TD Waterhouse), where he was assistant vice-president of operations and compliance. He earned his Certified Regulatory and Compliance Professional™ (CRCP™) designation from the Wharton School of the University of Pennsylvania and his bachelor’s degree from the State University of New York.

Mastrodicasa holds the Texas General Lines Insurance license (life, accident, health, HMO), and the following FINRA and MSRB licenses: Series 4 (General Options Principal), Series 7 (General Securities Representative), Series 8 (Limited Securities Principal), Series 24 (General Securities Principal), Series 53 (Municipal Securities Principal), and Series 63 (State Securities Agent).

Cole Hentschel headshot
Director of Investment and Public Finance Services
Cole Hentschel

About Cole

Cole Hentschel has worked for First Public since 2013 and serves as director of investment and public finance services.

He works with clients to ensure a personalized approach to investments through the Lone Star Investment Pool and consults through the TASB Benefits Cooperative.

He brings 14 years of banking and investment experience to his job and has worked with asset managers and public entities to invest billions in public funds during his career. Before joining First Public, Hentschel worked as a consultant for National Financial Partners, coordinating the acquisition of purchased firms and the onboarding and transition of assets.

Hentschel also worked as an associate for Capital Group, managing the relationship between money managers and institutional clients, including colleges, universities, endowments, and large brokerage firms. He began his career at JP Morgan Chase as a bank officer conducting business banking, treasury, securities, insurance, and deposit transactions for high-net-worth and business clients.

He earned his bachelor’s degree in economics from the University of Arkansas and holds the following securities and insurance licenses: Series 7 (General Securities Representative), Series 53 (Municipal Securities Principal), and Texas Life and Health.

Tammy Davis Headshot
Chief Compliance Officer
Tammy Davis

About Tammy

Tammy Davis joined First Public in 2015 and serves as the chief compliance officer. She is responsible for the design, implementation, and monitoring of all processes to ensure they comply with applicable laws and regulations. She previously served as compliance officer and has a deep understanding of the requirements associated with the Public Funds Investment Act (PFIA) and the Financial Industry Regulatory Authority (FINRA).

Prior to joining First Public, she was the managing principal in the Office of Supervisory Jurisdiction (OSJ) at Lincoln Financial Advisors in Connecticut.

She studied business administration at Southern Methodist University. She is fully licensed with FINRA and currently holds the following licenses: Series 7 (General Securities Representative), Series 23 (General Securities Principal Qualification), Series 53 (Municipal Securities Principal), Series 65 (NASAA Investment Advisers Law), and Series 66 (North American Securities Administrators Association Uniform Combined State Law), and Texas Life and Health.

Trent Toon Headshot
Director, Insurance & Employee Benefits Services
Trent Toon

About Trent

Trent Toon has been with First Public since 2005 and serves as the director of operations.

With more than 15 years of experience in financial services, he brings extensive knowledge of the marketplace and products to his role. Previously, he worked at Wells Fargo Investments, NFP Securities Trading Desk, and First Global Fixed Income Trading Desk.

He graduated from Baylor University with a bachelor’s degree in Business Administration in Finance. He currently holds his Series 6 (Investment Contract and Variable Contract Representative), Series 7 (General Securities Representative), Series 63 (State Securities Agent), Series 24 (General Securities Principal), Series 51 (Municipal Fund Securities Limited Principal), and General Health and Life Insurance License.