Mr. Montague established Montague DeRose and Associates in 1995 after 11 years of municipal finance experience providing financial advisory and underwriting services to clients in the western U.S.. He began his municipal finance career with Lehman Brothers in its New York headquarters in 1984. While at Lehman Brothers, Mr. Montague also worked in San Francisco and Los Angeles and opened the firm's Newport Beach public finance office. During this period, he was responsible for the introduction of a number of the industry's municipal product innovations in the western states. Mr. Montague joined CS First Boston in 1993 to manage the firm's Los Angeles public finance office and continued coverage of state, county and city-level issuers.

Mr. Montague has completed a variety of different types of financings including fixed and variable rate, sales tax-supported, revenue bonds secured from a variety of revenue sources, general obligation bonds, tax and revenue anticipation notes, certificates of participation, lease revenue bonds, pension obligation bonds, and single issuer and joint powers authority structures. His specialty areas include large general government issuers and large water and wastewater utilities. He has managed Montague DeRose and Associates' assignments as the municipal advisor on the $11.26 billion 2002 California Department of Water Resources Power Supply Revenue Bonds, the $10.9 billion 2003 State of California Revenue Anticipation Warrants, the $10.9 billion 2004 State of California Economic Recovery Bonds, all State of California Revenue Anticipation Notes issued since 2008 and over $8.3 billion of Water System Revenue Bonds sold by the California Department of Water Resources.