Terence Smith is Chairman and Chief Executive Officer of Smith’s Research & Gradings, which he founded in 1992, to provide analytics for the financing of critical infrastructure assets for the investment community. In addition to a bi-weekly publication, Smith’s Conferences provide unique forums for investors and issuers to discuss matters of mutual interest. Mr. Smith launched Smith’s All-Star Analysts Program in 1992 to provide recognition for excellence in municipal analysis.

Mr. Smith is also Chairman and Chief Executive Officer of Smith Information Services (SIS), LLC, which provides restructuring and disaster recovery for critical infrastructure assets of sovereign, sub-sovereign and non-governmental organizations.

Smith’s Research & Gradings and SIS LLC serve public sector clients, both in the United States as well as around the world.

Recent engagements and awards include:

In March 2024, Mr. Smith was appointed to the President’s National Infrastructure Advisory Council (NIAC) Disaster Response and Resiliency Subcommittee. In 2023, he served on the NIAC Electrification Subcommittee. In March 2023, he was asked to serve on the American Society of Civil Engineers (ASCE), Committee on America’s Infrastructure (America’s Infrastructure Scorecard).

SIS LLC was the lead partner with the Southern States Energy Board on a U.S. Dept. of Energy contract to assist the Puerto Rico Electric Power Authority and restore the resiliency and sustainability of the Commonwealth’s energy system.

In 2017, Mr. Smith led his team in the United Nation’s Global Climate Change Contest to be named one of five finalists from among more than 147 countries. His Waste Heat Energy Exchange team made a presentation at the United Nation’s in New York City, which was broadcast around the globe to more than 45,000 people.

Prior to Smith’s Research & Gradings, Mr. Smith founded Global Guaranty in 1988. Previously, Mr. Smith was a Vice President at Ambac Assurance Co. from 1986-1987. From 1985-1986, he was an Assistant Vice President at E.F. Hutton. Mr. Smith worked as the Managing Editor of Investment Dealers’ Digest from 1984-1985.  

In 2015, Mr. Smith was awarded the National Federation of Municipal Analysts (NFMA) Industry Contribution Award.

Mr. Smith received his B.A. from St. Joseph’s in Philadelphia.

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