Constituent Societies


The California Society of Municipal Analysts (CSMA) was established in 1986 as a non-profit organization for the purpose of encouraging professional development through discussions, meetings and presentations of issues relevant to municipal credit analysis. The CSMA is the California affiliate of the National Federation of Municipal Analysts.

Membership in the society is open to municipal analysts and municipal portfolio managers who meet the standards as established by the organization and outlined in the By-laws. Dues are collected annually by the NFMA on behalf of the CSMA. The CSMA welcomes new members to the organization and encourages their participation. Currently, there are over 170 members in the CSMA.

Meeting handouts are available: click here.

Suggestions for events or topics?  Click here.

2021 Officers

Chair Jason Pollack Wells Fargo Bank, N.A.
Vice Chair Alexandra Cimmiyotti Moody's Investors Service
Secretary/Treasurer Marie Autphenne  Raymond James
Senior Program Chair Andrew Porges Assured Guaranty
Program Chair Todd Tauzer Segal Consulting
At Large Member Vander Shanholt  Franklin Templeton
Immediate Past Chair Robin Fisher Franklin Templeton