Investment Officer Training
First Public has formed an alliance with Texas State University to help our government clients fulfill their investment officer training requirements more conveniently and cost-effectively.
Through a range of online courses, the university allows you to earn your required hours of investment officer training, dependent upon the type of government entity at your own pace, from your home or office.
Simply visit the university's website, customize your curriculum, register, and you're on your way. Once your books arrive in the mail, you'll have eight weeks to finish the online coursework. When you're done, you'll receive your certificate of completion in the mail. No travel or time away from home—just results.
Get started by visiting the Texas State University website or contact Dr. Howard R. Balanoff at 512.245.3453.
In addition to the online training, First Public conducts Investment Officer Training each fall at the TASA | TASB Convention.
Public Funds Investment Act
Certain rules under the Texas Public Funds Investment Act require the treasurer, the chief financial officer (if the treasurer is not the CFO), and the investment officer of a local government to comply with the following training requirements.
Municipalities and school districts
- Initial training: 10 hours within the first 12 months
- Renewal training: Eight hours every two years
- Two-year training period: Based on entity's fiscal year
Other local governments
- Initial training: 10 hours within the first 12 months
- Renewal training: 10 hours every two years
- Two-year training period: Based on entity's fiscal year
Investment Officer Training must cover these topics:
- Investment controls
- Security risks
- Strategy risks
- Market risks
- Diversification on investment portfolio
- Compliance with the Public Funds Investment Act (PFIA)
For more information, contact Tammy Davis, Director of Investment Operations/Chief Compliance Officer, First Public at 800.558.8875 or email tammy.davis@firstpublic.com.