HJ Sims Announces 1st Annual Private Wealth Management Summit

The HJ Sims Private Wealth Management Group is pleased to announce our first annual Private Wealth Management Summit. The internal Summit will be hosted on May 31st through June 3rd at The Boca Raton resort in Boca Raton, FL, a short drive from HJ Sims’ Boca Raton office. The theme of this year’s Summit is alternative investments, a hot topic in private wealth management.

The Summit is an opportunity for HJ Sims financial professionals to gather for education, collaboration, inspiration and a little fun under the sun. As we continue to grow, it is important for advisors to stay on top of the pulse in the industry so they can share their knowledge and provide clients with their best service.

Alternative investments are any financial asset that does not fall into one of the conventional investment categories, such as stocks, bonds and cash. Alternative investments include real estate, private equity, hedge funds, venture capital and collectibles.

Our three-day Summit will feature education sessions on products, solutions and technology advancements from leaders in the alternative investment space. 

Thank you to our 2022 Summit sponsors!

Sponsor-Apollo
Sponsor-PCS
Capital_Square
Sponsor-First-Trust
Sponsor-Glide
Sponsor-Insperex
Navy NexPoint Logo (3) (1)
Sponsor-One-Oak-Capital-Management
BlueRock-logo
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The information contained herein is subject to change without notice. Under no circumstances shall this constitute an offer to sell or solicitation of an offer to buy. Investments involve risk including the possible loss of principal. HJ Sims is a member of FINRA and SIPC, and is not affiliated with The Boca Raton, NexPoint, InspereX, First Trust, Capital Square, One Oak, Glide Capital, Apollo, Blue Rock, WhiteHawk Energy or PCS.

An Exclusive Investment Opportunity: The Gathering Place

**This financing has been successfully closed. Please contact your advisor for any potential secondary market opportunities.**

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$25,315,000*
ARLINGTON HIGHER EDUCATION FINANCE CORPORATION

Education Revenue Bonds
TGP Public Schools d/b/a The Gathering Place
Series 2022

Series 2022A Education Revenue Bonds $25,135,000*
Series 2022B Taxable Education Revenue Bonds $180,000*

HJ Sims is pleased to serve as sole underwriter for The Gathering Place, a single-site charter school in its second year of operations in San Antonio, Texas.

The Gathering Place is one of the only public schools offering project-based learning (“PBL”) in San Antonio and the surrounding market. The school currently serves K-3 students, and will grow organically by one grade level per year to reach K-8. The Gathering Place is already educating over 500 students in year two of operation for grades K-3 due to the high-demand PBL model. At full enrollment, the school will serve more than 1,400 students each year. The school received 461 applications for an estimated 175 new seats available for the 2022-23 school year, leaving 286 students on the waitlist.

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About the Bonds

  • Series 2022A Education Revenue Bonds $25,135,000*
    • Non-rated, tax-exempt
    • Bonds are exempt from Federal Income Tax
    • Minimum denominations of $5,000
    • Interest will be payable on February 15 and August 15 of each year, commencing February 15, 2023
    • First principal payment: August 15, 2029
    • Final maturity: August 15, 2062 (multiple maturities offered)
  • Series 2022B Taxable Education Revenue Bonds $180,000*
    • Minimum denominations of $5,000
    • Interest will be payable on February 15 and August 15 of each year, commencing February 15, 2023
    • Principal payment: August 15, 2024

Use of Bond Proceeds

  • Exercise lease purchase option for land and buildings
  • Fund playground for school
  • Fund debt service reserve fund & costs of issuance

Security

  • Secured by a Construction Fund
  • Secured by a Debt Service Reserve Fund
  • Gross revenue pledge

 Key Financial Covenants

  • 1.10x Debt Service Coverage Ratio, tested annually
  • 45 Days Cash on Hand ratio, tested annually

We are currently accepting indications of interest for these tax-exempt bonds with an expected pricing the week of April 25, 2022, and anticipated settlement during the week of May 9, 2022. For more information including risks, please read the Preliminary Official Statement in its entirety. If you have interest in purchasing these bonds, please contact your HJ Sims financial professional as soon as possible.

LEARN MORE
888.650.0871

*Subject to change

No dealer, broker, salesperson, or other person has been authorized to give any information or to make any representation other than those contained in the Preliminary Official Statement and, if given or made, such other information or representation should not be relied upon as having been authorized by the Issuer, the Borrower, or the Underwriters. The information set forth herein has been obtained from the Issuer, Borrower, and other sources that are believed to be reliable, but is not guaranteed as to accuracy or completeness by, and is not construed as a representation of, the Underwriters. The information contained herein is subject to change without notice. Under no circumstances shall this constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offering or solicitation will be made only to investors pursuant to the Preliminary Official Statement, which should be read in its entirety. Investments involve risk including the possible loss of principal. HJ Sims is a member of FINRA and SIPC, and is not affiliated with TGP Public Schools d/b/a The Gathering Place.

Pending LIBOR Replacement

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LIBOR, which has been the primary index upon which Senior Living Bank Loans and Swaps have been denominated in new and existing financings, is to be discontinued and as such a replacement index is needed. Borrowers should consider the use of an alternate index, and this piece provides expertise on the pending LIBOR replacement as a consideration for senior living organizations.

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Congratulations to Rebecca Beckett on earning her CFP® Certification

HJ Sims is thrilled to congratulate our Jupiter, FL-based Rebecca Beckett on accomplishing her goal of earning the Certified Financial Planner™ professional certification.

Rebecca recently passed the CFP® certification examination and met the additional requirements to earn the designation. We are proud to recognize this significant accomplishment and Rebecca’s hard work and determination. The CFP® designation is the highest standard of excellence in the field of personal financial planning.

The path to CFP® certification is a rigorous but rewarding process, equipping candidates like Rebecca with the knowledge and skills to assist with providing comprehensive financial advice to clients. Successful candidates complete a multi-year, multi-step process to obtain the skills and real-life experience needed to serve your best interests, no matter what your financial goals are. They pledge to adhere to high ethical and professional standards for the practice of financial planning, always putting your welfare first. CFP® professionals are trained in the fundamentals of financial planning, estate planning, insurance planning, investments, retirement planning and tax planning. They can provide a detailed financial plan supporting all areas of your financial life, or offer advice about a specific financial need.

As a CFP® professional, Rebecca offers financial planning services incorporating a holistic view of her clients’ financial and personal circumstances. Financial planning is the output of a collaborative process that helps maximize your potential for meeting your life goals. With more than 15 years’ experience in financial services, Rebecca is passionate about helping instill investment confidence an offering tailored guidance for her clients.
Next time you speak with Rebecca in our Jupiter office, be sure to join us in congratulating her on this brilliant professional milestone.

More about Rebecca 

Information is provided as a public service by Certified Financial Planner Board of Standards, Inc. (CFP Board). A nonprofit, professional organization, CFP Board fosters professional standards in personal financial planning so that the public values, has access to, and benefits from competent and ethical financial planning.

CFP® certification marks are owned by Certified Financial Planner Board of Standards, Inc. (CFP Board). Individuals certified by CFP Board have taken the extra step to demonstrate their professionalism by voluntarily submitting to the CFP® certification process that includes education, examination, experience and ethical requirements.