Hutchinson, Shockey, Erley & Co. (established 1957)
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Welcome to HSE

Hutchinson, Shockey, Erley & Co. is an investment banking firm specializing in the origination and distribution of municipal securities. The firm has focused exclusively on municipal finance since 1957, providing clients with financial advisory, bond structuring, and investment strategies that meet their risk profile.

A diverse group of Public Finance professionals work toward helping clients anticipate changing circumstances, utilize existing assets creatively, evaluate financing alternatives, maximize their bond rating, and present comprehensive plans to their Boards.

The Sales, Trading and Underwriting teams concentrate on the needs of investors by providing a variety of municipal bonds, investment strategies, and related services to meet the needs of financial institutions and professional portfolio managers.


 222 W Adams St
Suite 1700
Chicago, IL 60606
Tel 312.443.1550 
Fax 312.443.7225
 1110 N Old World 3rd St
Suite 630
Milwaukee, WI 53203
Tel 414.298.9898 
Fax 414.298.9893
 1702 E Highland Ave
Suite 301
Phoenix, AZ 85016
Tel 602.263.0163 
Fax 602.263.0181
 228 E Palace Ave
Santa Fe, NM 87501
Tel 505.984.9192 
Fax 505.984.9192
Member FINRA/SIPC