Print Page   |   Sign In   |   Register
Linda Patterson

Linda T. Patterson is a registered investment advisor and President of Patterson & Associates, an institutional money management firm for public entities portfolio management founded in Austin, Texas in 1994.  The firm serves public and private entities with  full investment advisory services and cash management consulting.

Linda served as Assistant Deputy State Treasurer of Texas (1991-1994) with responsibility for a $20 billion portfolio including Texpool, as well as the Divisions of Cash Management, Funds Transfer (Federal Reserve Transfer), Trust Company, Securities Management and Cash Flow Forecasting.  She instituted a full compliance system for broker/dealers and moved the portfolios to a more active management strategy.  In addition, she enhanced the automated functions in investments and Federal Reserve transfers which cut hours of staff time each day.

Linda created the first oil and gas hedging program and traded the positions.  The project initiated a full oil and gas commodities trading program to hedge the State's oil and gas severance tax revenues  (1991-1993).  The World Bank and the NY Mercantile Exchange have hosted her speaking internationally on the subject.

Formerly, Linda was Deputy Treasurer and City Treasurer of the City of Fort Worth (1983-1991). Previously she served Fort Worth from 1977 as the Accounting Systems Manager, Director of Policy and Productivity.  While in Fort Worth, she totally revised the banking and investment processes resulting in additional safety, modernized systems and record earnings.  She established rebate programs, improved cash handling throughout the City as well as established an internal central collection agency.

Linda initiated and played the central role in passage of the Public Funds Investment Act of 1987 which opened investment alternatives for all Texas governmental entities.  In 1989, she initiated and spearheaded the Public Funds Collateral Act passage.  She remains active in public finance legislative activities.

After initiating the pools Linda sat as a Board member on the first two investment pools in the State. P&A managed the second largest investment pool in the State, LOGIC for 7½ years .  She sat on the national GFOA Cash Management Committee for ten years and on the Board of Texas Tech University SW School of Governmental Finance for 15 years.  Before leaving the City Linda was an officer and President-Elect of MTA US&C and had founded the Texas Treasurer's Association. She received MTA's highest award, the Phillip's Award, in 1990.

Linda teaches frequently in Texas and nationally in an effort to continue to improve public cash management for all public entities.

Linda is a certified Certified Treasury Professional (CTP), she has her Masters in Public Administration, and was a Fulbright Scholar in Germany. She has written two books on govermental cash management and investments and continues to author articles and is a frequent teacher in those areas.

Membership Software Powered by YourMembership  ::  Legal