Tom Kozlik is the Head of Strategy and Credit at Hilltop Securities’ where he works with the firm’s underwriters, investment bankers, retail advisors, traders, and sales desk. He publishes regular commentary and is a presence on social and traditional media for the firm. Kozlik brings over two decades of experience to the position, most recently with PNC Capital Markets where he served as managing director and municipal strategist. Prior to joining PNC, he was managing director and municipal credit analyst at Janney Montgomery Scott. In addition to his roles with PNC and Janney, Kozlik has also held positions with Bear Stearns and UBS in public finance banking.

In 2018 and 2019, Smith’s Research and Gradings included Kozlik on the first-team in the generalist category of its Municipal All-Star Team. He was voted to Institutional Investor’s All-America Fixed Income Research Team and Greenwich Associates named him one of the Most Helpful Analysts in Municipal Bonds. In addition, he is a founding officer and former president of the Philadelphia Area Municipal Analysts Society (PhAMAS) and is a member of the Society of Municipal Analysts. He is also an advisor to the Government Finance Officers Association’s committee on government debt management. Kozlik has also taught graduate-level public finance courses at the University of Pennsylvania’s Fels Institute of Government, where he earned a Master of Government Administration. He earned a bachelor’s degree in political science with honors from Pennsylvania State University Scholars program.