Raymond James hires Public Finance Banker Hector Matos to head Texas School District Practice

ST. PETERSBURG, Fla. – Raymond James is expanding its public finance capabilities in Texas by hiring veteran education finance professional Hector Matos as managing director to lead the state’s school district practice. Matos will provide professional counsel to K-12 school districts throughout Texas and will establish an office in San Antonio, the firm’s fourth public finance office in the state.

“With 30 years of experience in education finance throughout Texas, Hector has deep connections to the state, many local communities and school districts and is highly regarded by his peers,” said Tom Oppenheim, senior managing director and head of the Southwest Public Finance group. “We are thrilled to have a veteran banker like Hector lead our Texas school district efforts and focus exclusively on growing our successful school district underwriting practice across the state. Hector is passionate about delivering unique and informed financing solutions to clients and will be an immediate asset to them.”

Matos joins Raymond James after seven years with Citigroup, where he was the lead or co-lead banker on over $19 billion in Texas school district underwritings. He previously was a public school district business official for 23 years at multiple independent school districts (ISDs), including San Antonio ISD, Northside ISD, Del Valle ISD, Roma ISD as well as Regional Service Center 20. Matos holds an undergraduate degree from the University of Puerto Rico, a Texas CPA license and his Series 52 and 63. He is active with the Texas Association of School Administrators (TASA) and the Texas Association of School Business Officials (TASBO). Matos served in the U.S. Army for eight years before entering education finance.

“I am grateful and excited for the opportunity to join the Raymond James Texas Public Finance practice,” said Matos. “Raymond James is committed to serving school districts nationwide, and I am eager to contribute to the continued legacy of the firm’s Texas school district underwriting success.”

Raymond James Public Finance has offices in Houston, Dallas and Austin. The new San Antonio office is located at 745 East Mulberry Avenue, Suite 210, San Antonio, TX 78212.

In 2019, Raymond James was the nation’s third-leading underwriter of primary and secondary school transactions, based on par amount, serving as senior manager on 160 negotiated issues totaling more than $4.4 billion in par amount, according to Bloomberg. Consistently ranked by Bloomberg as a top 10 underwriter of municipal bonds nationally, according to Bloomberg*, Raymond James has one of the largest public finance practices in the country with approximately 170 professionals in 37 locations nationwide. The firm offers municipal issuers a comprehensive distribution platform and the largest middle-market sales force of any U.S. broker/dealer.

*This summary may not be representative of the experience of other clients and is no guarantee of future performance or success. Past performance may not be indicative of future results.

About Raymond James Financial, Inc.

Raymond James Financial, Inc. (NYSE: RJF), is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,200 financial advisors. Total client assets are $877 billion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at raymondjames.com.