About Speer Financial

National Financial Advisor Rankings:
Competitive Tax-Exempt Long-Term New Issues: 2006

	Financial Advisors	# of Issues	Rank Activity	Principal Amount (000,000)	Average Principal Amount (000,000)
1	Public Financial Management	329	1	$9,475.9	$28.80
2	Ehlers & Associates	305	2	1,934.9	6.34
3	First Southwest Company	257	3	3,836.5	14.93
4	Springsted Incorporated	209	4	1,413.7	6.76
5	Fiscal Advisors & Marketing Inc.	124	5	709.8	5.72
6	Speer Financial, Inc.	113	6	804.0	7.12
7	Ross, Sinclaire & Associates, Inc.	111	7	968.1	8.72
8	Piper Jaffray & Co	96	8	781.9	8.14
9	RBC Capital Markets	74	9	1,400.5	18.93
10	Bernard P Donegan Inc.	73	10	234.5	3.21
11	Robert W. Baird & Co. Incorporated	60	11	463.7	7.73
12	Stephens Inc.	60	11	496.4	8.27
13	George K Baum & Associates Inc.	56	13	327.4	5.85
14	Munistat Services, Inc.	54	14	466.9	8.65
15	Public Resources Advisory Group	47	15	8,714.9	185.42
16	Capital Markets Advisors LLC	45	16	523.1	11.62
17	PNC Capital Markets	41	17	305.3	7.45
18	Umbaugh LLP	40	18	298.6	7.47
19	UniBank Fiscal Advisory Services Inc	37	19	272.9	7.38
20	Kelling, Northcross & Nobriga	36	20	749.8	20.83
21	New York Municipal Advisors Corp	36	20	291.0	8.08
22	Public Finance Associates	33	22	271.6	8.23
23	Southwest Securities	32	23	476.8	14.90
24	DA Davidson & Co	24	24	380.8	15.87
25	Davenport & Company LLC	24	24	744.1	31.00
26	Morgan Keegan & Co. Inc	24	24	304.9	12.70
27	Fiscal Services Inc	22	27	271.1	12.32
28	Nevada State Bank Public Finance	19	28	1,685.7	88.72
29	Stifel Nicolaus & Company Inc.	19	28	246.7	12.98
30	Dale Scott & Company, Inc.	18	30	463.4	25.74
31	Government Financial Strategies Inc.	17	31	423.0	24.88
32	Acacia Financial Group Inc.	15	32	1,501.6	100.11
33	Seattle Northwest Securites Corp	15	32	1,225.9	81.73
34	Bank of America Securities LLC	14	34	312.3	22.31
35	A.G. Edwards & Sons, Inc.	13	35	328.0	25.23
36	Montague DeRose & Associates	13	35	1,255.3	96.56
37	First Albany Captal Inc.	12	37	1,056.3	88.03
38	Zions First National Bank	12	37	275.5	22.96
39	JNA Consulting Group LLC	9	39	328.6	36.51
40	BB&T Capital Markets	8	40	757.8	94.73
41	Hobbs Ong & Assocates	8	40	528.3	66.04
42	Stone & Youngberg	8	40	271.0	33.88
43	Peacock Hislop Stalet & Given Inc.	7	43	282.4	40.34
44	Public Advisory Consultants	7	43	350.3	50.04
45	Kitahat & Company	6	45	474.7	79.12
46	Community Capital	4	46	323.8	80.95
47	Gardner Underwood & Bacon	4	46	307.4	76.85
48	Estrada Hinojosa & Company	3	48	245.1	81.70
49	Government Finance Associate, Inc.	2	49	537.1	268.55
50	Fairmount Capital Advisors	1	50	364.3	364.30
	Totals	2,596		$50,463.6	$46.89
	Source: Thomson Financial Securities Data Company Note: Full Credit to each Financial Advisor