Del Rio Advisors, LLC: About Us
Mr. Kenneth L. Dieker is
the owner and principal of Del Rio
Advisors, LLC "DRALLC" (formerly MuniSoft). The firm
was started in 1991 to offer outsourced technical services, proposal
writing services and bond sizing software to municipal
finance professionals.
DRALLC specializes
in structuring financings, refinancings (refundings)
and creating financing plans for underwriters, other
Municipal Finance Advisors and municipal issuers
around the country. DRALLC also sells MuniSoft software
used in structuring new money financings. The software
uses industry standard calculations and has been
used and verified by many firms. DRALLC also works
with underwriting and other Municipal Finance Advisors to
answer RFPs presented by public agencies. DRALLC
not only runs the numbers but also helps in writing
responses to many of the technical and structuring
related questions.
DRALLC began
offering general Municipal Finance Advisor services to
public agencies in 1996 and currently works with the
following public agencies:
- City of Stockton (San Joaquin
County)
- City of Woodland (Yolo
County)
- City of West Sacramento
(Yolo County)
- City of Brentwood (Contra
Costa County)
- City of Palm Desert
(Riverside County)
- City of Dixon
(Solano County)
- City of Solana Beach (San
Diego County)
- City of Shasta Lake (Shasta
County)
- City of Escalon (San Joaquin
County)
- City of Waterford (Stanislaus
County)
- City of Williams (Colusa
County)
- Florin Resource
Conservation District "Elk Grove Water District" (Sacramento
County)
- Scotts Valley Water District
(Santa Cruz County)
- South Shore Tri-Town Development Corporation (Massachusetts)
Mr. Dieker got his start in municipal finance
investment banking in 1987 with Rauscher Pierce Refsnes,
Inc. (RBC Dain Rauscher / RBC Capital Markets). Mr.
Dieker ran the numbers, helped write the official
statements and coordinated and reviewed the legal
documents for many offerings. Mr. Dieker was assigned to
clients that were large active issuers with large portfolios of
outstanding debt. The computer forecasting and cash
flow models he created utilized all the various revenue
streams including: assessments, special taxes, property
taxes, water / sewer / electric revenues, impact
fees, interest earnings, etc. He was also required
to layer the debt issues, calculate debt service
coverage ratios and structure additional bonds tests.
He attended and presented the information at Council
/ Board meetings and at meetings with the rating
agencies and bond insurers. Mr. Dieker stays versed
in all industry trends including the use of variable
rate debt, zero coupon and convertible products and
derivative products like forwards and swaps. Mr.
Dieker has a BA from the University of California,
Berkeley and an MBA from Oregon State University.
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