First River Advisory LLC, Capitol Formation and Debt Management Solutions for Health Care Organizations

Firm Overview

First River Advisory L.L.C. is an independent financial advisory firm specializing in serving the capital formation and debt management needs of health care organizations. Shelley Aronson, the firm's principal, formed First River Advisory in May 1995.

First River Advisory provides a broad array of financial and strategic planning services to health care and related organizations. Most frequently, the firm serves as the financial advisor to health care organizations in connection with tax-exempt bond issues and other forms of capital financing. First River Advisory has also completed a wide range of debt management assignments.

First River Advisory is a member of the National Association of Independent Public Finance Advisors (NAIPFA), an organization of financial advisory firms which are not affiliated with broker/dealers or investment managers. First River Advisory is the only NAIPFA member that specializes in serving health care organizations. In addition, NAIPFA has designated Shelley Aronson as a Certified Independent Public Finance Advisor. Visit the NAIPFA Web Site for more information on the strict professional standards to which First River Advisory adheres.

Find out more about First River Advisory by following the links below:

• Philosophy and Approach
• Meet Shelley Aronson, President of First River Advisory

Shelley J. Aronson, President
First River Advisory L.L.C.
241 South 6^th Street, Suite 1705
Philadelphia, PA 19106-3733

Phone:(215) 568-9303
Mobile Phone: (734) 276-0300

Member of the National Association of Municipal Advisors (NAMA)