Mr. David J. Eckhart joined NW Financial in 2013. Mr. Eckhart brings with him over 30 years of experience in the interest rate hedging and reinvestment marketplace with an emphasis on interest rate management. He has been involved in all facets of public finance, from underwriting and financial advisory work to reinvestment products and hedging instruments (i.e. swaps).
Prior to joining the firm, Mr. Eckhart was a founding partner of Investment Management Advisory Group, Inc. (IMAGE), established in 1992. While at IMAGE, he specialized in innovative financing techniques where he assisted in the structuring and execution of various market hedging and investment products for transportation, governmental, not-for-profit, and corporate clients. His broad experience has proved invaluable in many instances where a full understanding of the comprehensive financing structure has enabled him to develop creative solutions that ultimately help clients get challenging deals completed in the most financially advantageous manner. Mr. Eckhart was an innovator in the marketplace, developing ideas such as escrow restructuring strategies that created significant value for municipal issuers. Under Mr. Eckhart, IMAGE grew to be one of the largest independent firms in the marketplace, managing the placement of over $100 billion of derivative products, as well as financings totaling over $160 billion in principal. IMAGE clients included some of the largest, most sophisticated issuers in the Country including the likes of the City of New York, Pennsylvania Turnpike Commission, Metropolitan Atlanta Rapid Transit Authority, City of Atlanta, City of Philadelphia, University of Pittsburgh Medical Center, PICA, Montefiore Medical Center, and the State of Ohio.
Mr. Eckhart also served as an investment banker with Shearson Lehman Hutton, Inc. for seven years, where he was the head of the Transportation Group involved in structuring several innovative financings for many types of issuers including cities and counties, hospitals, airports, prisons, resource recovery and others.
Pennsylvania State University
Bachelor’s Degree in Marketing
50 (Municipal Advisor Representative)
52 (Municipal Securities Representative)
63 (Uniform Securities Agent