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Sudsina & Associates is a collaboration of experienced professionals that ensures each of our clients a team of highly qualified individuals to assist with the execution of financing plans.


  • Michael Sudsina

Mr. Sudsina, the firm’s principal, provides municipal advisory and deal structuring services, and regularly prepares issuers for credit rating presentations. His most critical role, however, is providing pricing and structuring oversight to ensure on-market pricing with the most flexible terms for our clients’ financings. He has served as municipal advisor or lead banker to over 100 cities, counties, schools and special districts in Ohio and Pennsylvania. Overall, as an independent municipal advisor, he and has participated nearly 500 financings amounting to approximately $4 billion in par value.

Mike is one of only two Certified Independent Public Municipal Advisors in the State of Ohio, a certification bestowed upon only highly qualified professionals by the National Association of Municipal Advisors (NAMA). He has published articles on the topic of municipal finance and lectured to numerous academic and professional organizations. He has served on the Debt Policy Committee of the Association of Public Treasurers of the US and Canada, is a member of that organization and of the Government Finance Officers Association, the Cleveland and North Central Chapters of the Municipal Finance Officers Association, the Ohio Association of School Business Officials. Sudsina & Associates is a firm member of NAMA and Mike has served on NAMA’s Board of Directors as its Treasurer and as the Board President.

Mr. Sudsina formed Sudsina & Associates in 2002, after 10 years with A.G. Edwards’ Cleveland Public Finance group and as head of Fifth Third Securities’ Cleveland Public Finance practice. Prior to his investment banking career, he held positions with Price Waterhouse, the City of Cleveland's Finance and Economic Development Departments and the firm of Deloitte & Touche. He received his B.S. in Business Administration from The Ohio State University and MBA, with a concentration in finance, from Cleveland State University, holds a CPA certificate and has passed a variety of securities exams.


  • Stephen Szanto

Mr. Szanto has over 40 years of experience in municipal and regional government and public finance. He has acted as Municipal Advisor or Senior Managing Investment Banker for hundreds of clients raising over $30 billion in tax-exempt obligations since 1981. Steve is proactive in rating agency, rating agency surveillance and insurance company presentations. He has served as Municipal Advisor since 2000 for all types of issuers. As such, he provides oversight on all aspects on both competitive and negotiated underwritings.

Mr. Szanto is a Registered Municipal Advisor with the SEC and MSRB. Steve is one of only two Certified Independent Public Municipal Advisors in the State of Ohio, a certification bestowed upon only highly qualified professionals by the National Association of Municipal Advisors (NAMA) and serves on NAMA’s Regulatory and Membership Committees.

Prior to joining Sudsina & Associates, LLC in 2008, Steve served as a Public Finance banker for a number of firms starting in 1981 with Prescott, Ball & Turben, Inc., National City Public Finance and McDonald & Co. Securities and others. He also spent nearly five years at Public Financial Management's (PFM) Ohio Office as Senior Managing Consultant. In the public sector, he worked for the Northeast Ohio Area-wide Coordinating Agency (NOACA); and as an Assistant City Planner for the City of Cleveland City Planning Commission in the early 1970s.

He received a Bachelor of Arts degree from Bowling Green State University, a Master of Science degree in Urban Studies, and a Master of Business Administration degree in Finance from Cleveland State University.

He is currently working on a Fifth Degree Black Belt in Tae Kwon Do. Steve is a member of the GFOA, the County Commissioners Association of Ohio, the Municipal Finance Officers Association, and the Ohio Association of School Business Officials and the Ohio Association of Public Treasurers. He has also passed a series of securities exams during his career.

  • Michael Prcela

Mr. Prcela has provided expertise to school systems, municipalities, not for profits, and higher education issuers for over 20 years in Northeast Ohio. Michael has successfully completed over $2 billion of transactions in his career. As lead investment banker on hundreds of transactions Mr. Prcela has developed unique insight into market driven structures and concepts. Michael served as lead banker on Ohio’s largest qualified school construction bond issue in 2010, and the largest Ohio school district bond issue so far in 2016. Mr. Prcela has passed the Series 50 Municipal Advisor Representative Examination.

Prior to joining Sudsina & Associates, Prcela was a senior vice president of investment banking with Piper Jaffray & Company from 2012 to 2016 and previously served as Vice President at Fifth Third Securities for 12 years. Mr. Prcela is an honors graduate from Miami University of Ohio.

  • Greg Van Wagnen

Mr. Van Wagnen provides analytical support for all clients including debt service structuring, actively assisting in the preparation of official statements and credit rating presentation and market research in advance of pricing and post-pricing.

Prior to joining Sudsina & Associates Greg worked in various roles at JP Morgan Chase. There he ran the technology aspect of their Wealth Management trading desk. He has also served as a risk management analyst for the JP Morgan Institutional Bond department where corporate client accounts ranged from $100 million to $12 billion. He has spent time in multiple equity research roles in Columbus and Chicago and in a more analytical role he researched trading slippage costs of different brokers. Between undergraduate and graduate school Greg worked as an accountant for JP Morgan Chase’s mortgage department.

Greg received a Bachelor of Science in Business Administration, Finance, and Economics from The Ohio State University and went on to attain a Master of Finance degree, also at Ohio State. While working for Sudsina & Associates he has passed the Series 50 Municipal Advisor Representative Examination. Before attending college Greg worked at his family’s Cleveland based school bus and coach bus company running their payroll department and filling their general accounting needs.

Sudsina & Associates, Inc. - Municipal Advisors

Sudsina & Associates, Inc.