Terence P. Burke
President
Terence P. Burke is the President and Chief Executive Officer of Pinnacle Arbitrage Compliance LLC. Prior to starting Pinnacle, Terry founded the arbitrage rebate services for both Ernst & Young and First Southwest Company. He has over 23 years of experience with the arbitrage regulations related to the investment of bond proceeds and authored the Government Finance Officers Association’s publication entitled “Guide to Arbitrage Requirements for Governmental Bond Issues."
In May 2001, Terry was appointed by the Secretary of the United States Treasury to serve as a founding member of the Internal Revenue Service Advisory Committee on Tax-Exempt and Government Entities. This committee was formed to provide public input to the Internal Revenue Service in the development of tax policy and regulations that affect tax-exempt entities, including entities that issue tax-exempt bonds. Terry was one of two committee members providing advice with respect to tax-exempt bonds and the arbitrage regulations and served as the Vice Chair of the Government Entities Subcommittee during his second term.
Terry is also the former President and Chief Operating Officer of First Southwest Asset Management, an investment advisory affiliate of the financial advisory firm of First Southwest Company. During his thirteen years at First Southwest, Terry developed their arbitrage rebate compliance services, public funds investment services, and local government investment pool services.
Terry has served on the Board of Advisors of the Texas Tech University Southwest School of Governmental Finance, and is a former advisor to the Government Finance Officers Association Debt and Fiscal Policy Committee and the Cash Management Committee, as well as a former Committee Member of the Internal Revenue Service Advisory Committee on Tax-Exempt and Government Entities. Terry graduated from Arizona State University with a Bachelor of Science degree in Accounting and is a licensed Certified Public Accountant.