A National Award-Winning Publication

Adela Cepeda


Finance specialist

A finance specialist since 1980, Adela Cepeda advised municipalities and corporations on the structuring and execution of capital markets transactions exceeding $150 billion. In 2016, she sold her firm, A.C. Advisory Inc. to PFM, the top-ranked municipal advisor in the United States, and served as managing director of PFM until 2019. 

Cepeda is a director of BMO Financial Corp., the U.S. holding company for BMO Harris Bank, with more than 15,000 employees and 550 branches located principally in the Midwest. She is also a director of the UBS Funds, Pathway Mutual Funds and chairs the Mercer Mutual Funds.