Director, Head of Investor Relations Services
PFM
John Murphy is a Director and the Head of PFM’s Investor Relations Advisory Services. He is responsible for the development and implementation of investor relations strategies for PFM’s financial advisory clients. He joined PFM in November 2019 and is also a member of PFM’s Public Power, Distressed Credit, High Yield TIF and Utility Securitization teams. John works in PFM’s Boston office.
Prior to joining PFM, John spent the majority of his career as a senior research analyst at Fidelity Investments. John covered several municipal sectors, including electric utilities, water/sewer utilities, environmental services, and gas prepays. He also led Fidelity’s Municipal Distressed Credit Team that engaged in numerous workout situations, most notably, the City of Detroit and PREPA.
Prior to his time as a research analyst, John traded municipal, corporate, and Canadian securities at Fidelity and JP Morgan. John is actively involved in the National Federation of Municipal Analysts and is a past president of the Boston Municipal Analysts Forum.
As the various demand components of the market have evolved and with uncertain tax policies on the horizon, the buy-side take is increasingly important to understand. Knowing what investors want will be more important for the issuers, bankers and other market participants in the room to navigate these potential changes.