Specialists in Municipal Credit Analysis
       SAVADER ASSET ADVISORS LLC
     

Our Analytic Team



Every day our staff of veteran municipal analysts helps financial service firms make well-informed investment decisions, comply with regulatory demands and keep abreast of critically important credit information. 

Among the analysts on our team is:

Richard Skiera
Mr. Skiera has more than 21 years of experience in public finance. He started his career in the early 1990’s at Yasuda Trust & Banking and since that time, has assisting in establishing and expanding the public finance departments at several other firms. Additionally, he has provided structured credit products for municipal issuers that have aggregated over $25.0 billion. He has a Bachelor of Arts Degree in Finance from Fordham University.

Gerard Durr
Mr. Durr began his career as a municipal credit analyst at Moody’s Investors Service in 1987 before moving on two years later to Ambac Assurance Corporation. At Ambac, Mr. Durr became Director of the firm’s General Municipal Underwriting Unit, which conducted credit underwriting of general obligation, tax revenue and utility revenue bond securities issued throughout the nation. Upon leaving Ambac in 2009, Mr. Durr served as a consultant at several organizations including the National Association of Insurance Commissioners. Mr. Durr holds a Bachelor of Arts Degree in History and Political Science from LeMoyne College and a Master’s Degree in Public Administration from the Maxwell School of Syracuse University.

Stewart Simon, Ph.D.
Mr. Simon's background as a municipal analyst began in 1989 at Fitch Ratings where he handles a broad spectrum of revenue and tax-backed obligations. In 1994, he moved to Financial Guaranty Insurance Company, an insurer of municipal securities, and rose to the position of Chief Credit Officer with responsibility for surveillance activities on a $3 billion investment portfolio of municipal securities. More recently, Mr. Simon has worked as a Director at UBS Financial Services supervising a $1 billion portfolio of client holdings of municipal securities and as a Managing Senior Financial Analyst at A.M. Best Company, concentrating on the municipal sector. Mr. Simon holds a doctorate in Public Administration and Finance from the State University of New York at Albany.


Wendy Berry

Ms. Berry began her career as a municipal credit analyst in 1986 at Moody’s Investors Service where she specialized in the analysis of affordable housing bonds and ultimately served as Chairperson of the Public Finance Group’s Housing Credit Committee. In 2006, Ms. Berry began work at Jefferies and Company, serving as a Director/Sr. Vice President and providing comprehensive investment banking and financial advisory services to municipal issuers and not-for-profit institutions. Ms. Berry has also consulted for several other firms operating in the municipal sector, including the Bill and Melinda Gates Foundation and the Brighter Choice Foundation. Ms. Berry has a Bachelor of Arts Degree in Public Science and a Master’s Degree in Public Administration from the Rockefeller College of Public Affairs and Policy at the University at Albany.

Mitchell Savader
Mr. Savader is the founder, Chief Executive Officer and Chief Credit Officer of Savader Asset Advisors and a 28-year veteran of the municipal bond industry. His public finance career began in 1985 with the Finance Department of the City of White Plains, and after a brief time at the Westchester County Department of Finance, he went on to an eleven-year career with Moody’s Investors Service. At Moody’s, he managed the Public Finance Department’s Mid-West Group, served as a member of Rating Committee and held the title of Senior Credit Officer. Following his time at Moody’s, Mr. Savader either founded and/or managed municipal credit teams at several financial institutions before founding the predecessor of Savader Asset Advisors in 2004. Since that time, he has coordinated all aspects of the firm’s operations including its sole line of business: municipal credit research. Mr. Savader has a Bachelor of Arts Degree in Public Science from Hofstra University and a Master’s Degree in Public Affairs from Fordham University. Among his other achievements, Mr. Savader was a contributing author of four articles to the industry’s most important resource: The Handbook of Municipal Bonds.

(More analyst biographies will be posted in the near future.)