Richard G. “Rick” Hill, the former chairman of the Oneida Tribe of Wisconsin from 2008 to 2011, has joined Tribal Financial Advisors (TFA), a specialized investment bank for Indian tribes, as chairman of the company's tribal board of advisors.
TFA focuses exclusively on capital raising and advising on debt related issues, financings and financial relationships for Indian tribes.
"It is an honor to have the opportunity to be part of the TFA team," Hill said in a company press release. "TFA has established significant credibility in Indian Country. The TFA suite of financial services are a great benefit to our Indian Nations. I look forward to the establishment of the Board.”
TFA has created a Tribal Board of Advisors to expand its relationships in Indian Country.
Since age 23, when Hill became the youngest-ever Tribal Council member for the Oneida Tribe of Wisconsin, he has served in some type of leadership capacity for his tribe.
In 1990, Hill was elected Tribal Chairman, a position he held for a three-year term of office. During that period, tribal resources tripled, and the tribe signed its first gaming compact with the State of Wisconsin. Hill was elected Tribal Chairman for a second three-year term in 2008. In total, Hill served 13 years in the Oneida Tribe’s government.
While Chairman of his tribe, Hill also simultaneously served as chairman of the National Indian Gaming Association (NIGA). Based in Washington, D.C., NIGA is a non-profit organization of 184 Indian tribes, representing the interests of tribal gaming enterprises. Under Hill's leadership, NIGA became a nationally recognized voice on Indian gaming issues and established regulatory standards and policies for tribal governmental gaming nationwide.
Following his service as NIGA Chairman, Hill consulted with various entities to identify economic development projects and partnerships in Indian Country. He is credited with the development of the first ever off-reservation, tribal consortium hotel investment, commonly referred to as “The Four Fires.” Located in Washington, D.C., the Residence Inn by Marriot is a 13-story, 233-room, 24,000-square-foot property. Hill brought together four partner tribes and negotiated a $12 million tribal equity participation in the $42 million hotel project.
Hill has also served on many boards, including the Native American Rights Fund, the Native American Network, the Indigenous Games, as well as serving as vice chairman of the Great Lakes Intertribal Council.
“We are thrilled to have Rick join our team and to have him serve as Chairman of our Tribal Board of Advisors," said Kristi Jackson, TFA's chief executive officer, in a press release. "His desire to foster economic development among tribes across the country and, in the process, help tribes achieve financial sovereignty aligns perfectly with TFA’s mission.”