Michael Steinbrook
Senior Managing Consultant
- Email:
- steinbrookm@pfm.com
- Business Specialty:
- Asset Management
- Office:
-
Harrisburg
One Keystone Plaza
Suite 300
Harrisburg, PA 17101
Phone: 717-232-2723
Fax: 717-233-6073
Mr. Michael Steinbrook joined PFM Asset Management LLC in 2004 as a Consultant in the Arbitrage Rebate Practice in the Harrisburg office. Mr. Steinbrook's primary duties include performing a variety of arbitrage rebate compliance related analyses. Mr. Steinbrook is responsible for tracking arbitrage rebate compliance for PFM's Texas and Mid-West investment pools, and assists issuers in the development and implementation of investment strategies for tax-exempt bond proceeds that enable issuers to maximize retainable earnings.
Mr. Steinbrook has reduced rebate liabilities for numerous issuers by reconstructing and reallocating cash flows, is responsible for fiscal and five-year computations for a large city in Texas, has completed a rebate compliance review for nearly 30 separate bond issues for a city in Florida, and provides arbitrage rebate and yield restriction compliance services to a pooled loan program in Pennsylvania.
Mr. Steinbrook is a graduate of Washington and Lee University where he earned a Bachelor of Science degree in Business Administration with a dual degree in Accounting and earned a Master's in Business Administration in Finance and Accounting/Taxation from Fordham University.