Mary A. Packer established PK Securities on August 25, 2010 and its predecessor firms, PackerKiss Securities, Inc. and PK Advisors, Inc., on May 23, 1999. PK Securities is an SEC and MSRB Registered Municipal Advisor.
The predecessor firms were nationally recognized for their innovations in the field of bond proceeds reinvestment, and PK Securities continues to provide reinvestment and derivative services to state and local issuers nationwide. Ms. Packer had co-founded PackerKane & Co., Inc. in February, 1987 and PackerKane Securities, Inc. in June, 1994, and served as President of both companies until the companies were dissolved in May, 1999.
In 1984, Ms. Packer joined the New York office of Morgan Stanley & Co., Inc. to establish its tax-exempt reinvestment department, advising, structuring, and placing proceeds from numerous tax-exempt financings nationwide. Between 1979 and 1984, Ms. Packer was an Assistant Vice President in the Public Finance Department at The First Boston Corporation in New York City and was instrumental in initiating many of the innovative concepts on which the reinvestment industry is based.
Prior to 1979, Ms. Packer was an Assistant Vice President in the International Asset Management Department at Merrill Lynch Government Securities, Inc, also located in New York City. As of 2012, her involvement with reinvestment totals approximately thirty-two years.
Ms. Packer is a graduate of Syracuse University. She attended New York University School of Business and received an MBA from Fairleigh Dickinson Graduate School of Business. She holds Series 3 (National Commodities Futures), Series 7 (General Securities Representative), Series 24 (General Securities Principal) and Series 63 (Uniform Securities Agent State Law Examination) licenses and has been a featured speaker for numerous organizations, associations and conferences nationwide including Smith's Conferences, the National Council of State Housing Agencies ("NCSHA") and the National Association of Local Housing Finance Agencies ("NALHFA").
