Fieldman, Rolapp & Associates Promotes Adam Bauer to Chief Executive Officer

IRVINE, CA--(Marketwired - Jan 11, 2016) - Fieldman, Rolapp & Associates ("FRA"), an independent municipal advisory firm that provides advice and services to public agencies, today announced that Adam Bauer has been promoted to chief executive officer. Bauer has served as president of the company for nearly two years and will continue in that capacity. In his expanded role, Bauer will assume the responsibilities of his predecessor Tom DeMars, who will remain with the firm to advise on strategic initiatives and work with existing clients.

Bauer joined Fieldman, Rolapp & Associates in 2004 with the vision of building the public school district practice. His efforts successfully increased this area of business for the firm earning Fieldman, Rolapp & Associates the distinction of being one of the largest school district practices in the State of California.

While Bauer's promotion to chief executive officer kicks off FRA's 50^th anniversary, a major milestone for the industry, DeMars and Bauer have been working as a management team and transitioning responsibilities for four years. During that time DeMars strategically improved the firm's financial position to launch the firm into the next generation of leadership. Bauer intends to use the firm's financial strength to build upon the long-standing reputation of high ethical standards and quality originally established by Bill Fieldman, who founded the company in 1966, and carried on by Larry Rolapp and the other shareholders for the past five decades.

Under his leadership, he plans to continue providing the highest level of client service, diversify service offerings to municipalities throughout the Western United States and expand the geographical footprint with new office locations. Bauer, who became a partner in 2008, believes the firm's investment in fostering a culture of ownership in its employees will support recruitment efforts and grow the leadership team to best represent Fieldman, Rolapp & Associates highly diverse clientele. "The ownership cultural is one of the key aspects in several smooth leadership transitions over the firm's 50 years and allowed for the consistency in the quality of service the firm provides its clients."

"Another key contributor to the longevity of Fieldman, Rolapp & Associates is our commitment to integrity and to serve as an advocate for the client to produce the best possible result. We achieve this with a hands-on front and center approach with our clients," said Bauer. "As the firm ventures into its next era, we will continue to uphold this standard as we grow our geographic presence while enhancing and diversifying the services we offer and the expertise of our team."

Bauer's unique distinction of understanding and desiring to be in this industry began at the early age of 14 having had exposure through his parents. His step-father, Paul McDonnell, a former underwriter, County Treasurer Tax Collector and current chief financial officer of Riverside County, and his mother Robin Zimpfer-McDonnell, retired as the assistant county executive officer/Economic Development for Riverside County in 2009.

Today, with nearly 15 years of public finance experience, Bauer brings a commitment to achieving the best possible results for clients to his leadership role. While he specializes in California K-14 agencies, he has also been involved with a variety of public agencies throughout the State of California, assisting with debt transactions and policy development.

He has been an expert contributor for the University of Southern California's Rossier School of Education School Business Management Program and the Inland Empire School Business Program Association of California School Administrators (ACSA). He also is a member of California School Board Association (CSBA), California Association of School Business Officials (CASBO) and Committee on Assessments Special Taxes and other Financing Facilities (CASTOFF). He was co-chair of the Fiscal Management Strand of the Planning Committee for the California's Coalition for Adequate School Housing (CASH), a regular contributor to leading financial publications and an avid and regular speaker for California Debt Investment Advisory Commission (CDIAC). Bauer also serves on the board of Friends for Fragile X.

About Fieldman, Rolapp & Associates (FRA)
With a 50-year legacy in providing independent financial advice and services to all levels of government and non-profits regarding intricate financing and investment activities, FRA is a trusted resource for financial services that are effective and practical. The firm has proven success supporting client with land-based, utility and school financings and other complex scenarios, and is continually expanding its support for water agencies, cities and counties, school districts, utilities and continuing disclosure/aftermarket services. FRA is a founding member of the National Association of Municipal Advisors (NAMA), the trade association which fosters standards and best practices for municipal financial advisors, and is a Registered Municipal Advisor with the Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB). Founded in 1966, FRA is headquartered in Irvine, California and maintains an office in Walnut Creek, Calif. For more information visit www.fieldman.com.