Rice Advisory LLC -- one of the fastest-growing municipal advisory firms in the United States.

Rice Advisory has the knowledge and experience that municipalities and institutions need in order to grow, succeed and respond to opportunities. In this rapidly changing regulatory environment, borrowers are increasingly recognizing the value of an advisor who represents the client, and the client alone.

Our people have successfully completed over 570 transactions, raising almost $16 billion in debt and equity financing for our clients, including work on $5.5 billion in completed transactions since Rice Advisory's formation in 2010. The results and reviews have been unanimously positive, and our measurable outcomes are beyond reproach.

Rice Advisory was recently recognized by Thomson Reuters as Alabama’s #1 municipal financial advisor for 2017… the 4th consecutive year for which the firm received that distinction. Also, for 2017, Rice Advisory was ranked #60 in the U.S. (out of 506 registered firms) by Thomson Reuters.


  • Rice Advisory was founded in 2010 by L. Rushton (Rush) Rice, who has over 30 years of experience in municipal and corporate finance.
  • In 2014 Chris Williams joined the firm as Managing Director.
  • Chapman Rice joined the firm as Office Manager in 2016.
  • Rice Advisory provides financial advisory and consulting services for state and local governments, utility systems, conduit issuing authorities, educational institutions, health care providers and other public bodies seeking access to capital markets.
  • Rice Advisory is an Independent Registered Municipal Advisor (SEC registration No. 867-00517; MSRB registration No. K-0826).