New Jersey ARM
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About The Program > Advisory Board

The NJ/ARM Advisory Board is comprised of up to seven officials representing local governments that are Investors in the Program.

The Board meets periodically to discuss the Program's investment strategy/performance, capabilities, and services offered. The current Advisory Board consists of:

Members of the Advisory Board
Maria Mento
Chief Financial Officer, Atlantic County Utilities Authority
Debe Besold
Business Administrator, Bedminster Board of Education
Al Dispoto
Treasurer, Bergen County
John Hansen
Director of Financial Management, City of Ocean City
Ron Angelo
Treasurer, City of Summit
Steve Zielinski
Retired Treasurer, Mercer County

This informationĀ is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell units of the NJ/ARM Joint Account, NJ/TERM or any other security. Investors should consider the investment objectives, risks, charges and expenses before investing in the NJ/ARM Joint Account and NJ/TERM. This and other information about the NJ/ARM Joint Account and NJ/TERM are available in the NJ/ARM Information Statement, which contains important information and should be read carefully before investing. A copy of the NJ/ARM Information Statement may be obtained by calling 1-800-535-7829 or is available on the NJ/ARM website at While the NJ/ARM Joint Account seeks to maintain a stable net asset value of $1.00 per unit and NJ/TERM investments seek to achieve a net asset value of $1.00 per unit at their stated maturity, it is possible to lose money investing in the NJ/ARM Joint Account and NJ/TERM. An investment in the NJ/ARM Joint Account or NJ/TERM is not guaranteed or insured by the Federal Deposit Insurance Corporation or any other government agency. Units of the NJ/ARM Joint Account and NJ/TERM are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) ( and Securities Investor Protection Corporation (SIPC) ( PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC.

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