Gary Machak

Gary P. Machak, joined Stifel Nicolaus & Company, Inc. as a Managing Director and Manager of Texas Public Finance. Prior to Stifel’s acquisition of substantially all of the assets of George K. Baum & Company (GKB), he was an Executive Vice President and Texas Manager with GKB, a member of GKB’s National Housing Finance and Financial Advisory Group and was the Manager of the GKB’s Texas Public Finance Group. He has more than 39 years of public finance and municipal advisory experience.  Mr. Machak brings a wealth of qualifications and has served as banker or financial advisor to some of the largest and complex financings in the United States including the State of Texas’ annual Tax Revenue Anticipation Note (2019 issuance - $8 billion).  He has structured, marketed, senior managed and provided financial advisory services for the full spectrum of public finance issuers including state agencies, state housing issuers, counties, cities, special districts, hospitals, school districts, and housing finance corporations. Mr. Machak has been responsible for over $153 billion in short-term and long-term financings publicly sold or privately placed.

Mr. Machak has served approximately 100 clients over the course of his career. As a testament to the level of service he has provided these entities, there are multiple engagements where he has continually served as advisor for more than 28 years.

Mr. Machak has served as a board member and Chairman of the Municipal Advisory Council of Texas. He has given numerous presentations to rating agencies, industry groups and legislative committees. Prior to joining George K. Baum & Company, Mr. Machak was a Managing Director RBC Capital Markets. Prior to joining Rauscher Pierce Refsnes in 1983, Mr. Machak was with Lehman Brothers Kuhn Loeb in New York. He also served as a Board Member on the Camping and Education Foundation and served as Board Member and Treasurer on the Christ the King School Board in Dallas.

Mr. Machak holds Series 7, 50, 53 and 63 securities licenses.