• Insurance Asset Portfolio Management Team

Jay Sekelsky, CFA
Jay Sekelsky, CFA, Executive Director/Chief Investment Officer of Madison Investment Advisors
Mr. Sekelsky serves as the lead equity manager for Madison Investment Advisors' equity portfolios. A member of Madison Investment Advisors' Investment Strategy Committee and Asset Allocation Committee, Mr. Sekelsky joined Madison Investment Advisors in 1990, coming from Wellington Management Company in Boston, where he was an investment officer. He holds a BBA and MBA from the University of Wisconsin and is a CFA charterholder. He is an Executive Director of both Madison Scottsdale and Madison Investment Advisors.

Paul Lefurgey, CFA
Paul Lefurgey, CFA, Executive Director/Head of Fixed Income for Madison Investment Advisors
Mr. Lefurgey leads Madison Investment Advisors' Fixed Income investment team and oversees the implementation our fixed income strategy. He is also a member of its Investment Strategy Committee. Mr. Lefurgey was previously Head of Fixed Income at Members Capital Advisors and similarly at Duff & Phelps Investment Management. He is a CFA charterholder and a graduate of Michigan State University.

William K. Fain
William K. Fain, Managing Director/Portfolio Manager
Mr. Fain joined Madison Scottsdale in 2002 and brings almost three decades of experience managing taxable and tax-advantaged portfolios for insurance companies. Mr. Fain holds a BS in Finance from the University of Rhode Island and an MBA in Finance from Michigan State University. He previously held the position of Vice President of Portfolio Management at a large, multi-line insurance consortium where he managed various affiliated company and external insurance client portfolios and spent several years prior to that managing the treasury operations for a regional property and casualty insurance company.

Anjanette Fowler
Anjanette Fowler, Managing Director/Portfolio Manager
With over 25 years of experience in the investment management arenas of several insurance companies, Ms. Fowler brings a valuable understanding of the unique statutory, operational, investment and accounting considerations particular to our insurance clients and the industry. Prior to joining Madison Scottsdale in 1995, she directed the Investment Accounting department and managed short-term investments for a large insurance group. Ms. Fowler holds a BS in Finance from Arizona State University.

Donald J. Miller, CFA
Donald J. Miller, CFA, Managing Director/Portfolio Manager
Mr. Miller joined our firm with over 20 years of insurance company and bank investment management experience. Mr. Miller managed both the fixed income and equity portfolios for Illinois Mutual Life Insurance Company for 15 years prior to joining Madison Scottsdale. Don also previously served as an investment officer and portfolio manager for Bank One Investment Advisors in Central Illinois. He currently holds the CFA designation and has an MBA from Bradley University in addition to his undergraduate degree in Finance from Creighton University and a General Banking degree from the University of Illinois.

Steve Cherrier, CFA
Steve Cherrier, CFA, Portfolio Manager
Mr. Cherrier has over 34 years investment management experience in managing insurance company, bank and trust fixed income portfolios. For the past 24 years he was the Chief Investment Officer for Blue Cross Blue Shield of North Carolina, where he managed over $4 billion in assets. Mr. Cherrier has considerable experience in insurance company asset allocation, risk analysis, regulatory and total return management. He holds a BS degree in Finance from St. Cloud University and holds the CFA designation. He has served as an officer and board member in the North Carolina Financial Analyst Society and President of the BCBSNC Credit Union.

Jeffrey Matthias, CFA
Jeffrey Matthias, CFA, Vice President/Portfolio Strategist
Mr. Matthias is a member of Madisonís fixed income team, focusing primarily on institutional client relationships. Prior to joining Madison, Mr. Matthias developed member society strategy at the CFA Institute and managed fixed income portfolios at American Family Insurance. Mr. Matthias graduated from the University of Wisconsin with both a BS and MBA in Finance.

Marian Quade, CFA
Marian Quade, CFA, Managing Director/Portfolio Manager
Marian has 35 years of investment experience. At U.S. Bancorp Asset Management she spent 22 years in roles of increasing responsibility including research, portfolio management and Head of Equities. She became an equity fund manager in 1989 and managed the Firstar Growth and Income Fund from 1993 to 2000. She specializes in customized portfolio management for Madison's high net worth relationships. Marian holds a BA in Economics from Stanford University.

Rob Roquitte, CFA
Rob Roquitte, CFA, Portfolio Manager
Rob has 25 years of investment experience and is actively involved with investment strategy on both equity and fixed income portfolios and interfaces with many of Madison's institutional clients. Prior to joining Madison, he served as lead portfolio manager for several quantitatively focused mutual funds and institutional separate accounts. Rob received his BS in Finance and Marketing from the University of Denver and his MBA in Finance and Economics from the University of Chicago.

Alyssa Johnson
Alyssa Johnson, Assistant Vice President/Investment Analyst
Ms. Johnson joined the Madison organization in 2003 and oversees the investment accounting and reporting of our Insurance Asset Management Division. She began her insurance career with Marsh & McClennan where she focused on large commercial and industrial projects. Ms. Johnson holds a B.S. in Business Management from Arizona State University.

Edward Meier
Edward Meier, Portfolio Manager
Edward serves as a portfolio manager for Madison's Fixed Income Team. He has been working in the financial services industry since 1992. Prior to joining Madison in 2016, Edward previously managed fixed income portfolios at MEMBERS Capital Advisors. Edward earned his bachelorís degree in Economics from Indiana University Bloomington and his MBA from DePaul University.

Chris Nisbet, CFA
Chris Nisbet, CFA, Vice President/Portfolio Manager
Mr. Nisbet has primary responsibilities in managing the Madison's government and corporate bond portfolios. A member of Madison's Fixed Income management team, Mr. Nisbet was formerly associated with the Firstar Trust Company. He received his BS in Economics as well as a Masters in Finance and Investments from the University of Wisconsin.

Allen Olson, CFA
Allen Olson, CFA, Vice President/Portfolio Manager
Mr. Olson is a member of the firmís fixed income team. He was previously employed as a Fixed Income Credit Analyst and Portfolio Manager for Clarica Insurance in Milwaukee. Mr. Olson holds a BS in Economics and a MS in Management from the University of Wisconsin.

Michael Peters, CFA
Michael Peters, CFA, Vice President/Portfolio Manager
Mr. Peters is a member of the firmís fixed income team and is involved in our municipal bond strategy. Prior to joining Madison in 1997, he was with Wachovia Asset Management. He holds a BA from Valparaiso and an MBA from Indiana University.

Greg Poplett, CFA
Greg Poplett, CFA, Vice President/Portfolio Manager
Mr. Poplett is a member of the fixed income team and has been managing fixed income portfolios since 1984. He was previously a co-manager on the Voyageurís Tamarack Government Income Fund and the Tamarack Quality Income Fund, as well as managing separate fixed income accounts for Voyageur. Mr. Poplett was previously at Campbell, Newman, Pottinger & Associates, where he was the director of fixed income. He holds a BS from Illinois State University and an MBA from Western Illinois University.

Mike Sanders, CFA
Mike Sanders, CFA, Assistant Vice Presiden/Fixed Income Analyst
Mike serves as an analyst for Madison's Fixed Income Team. He has been working in the financial services industry since 2004. Prior to joining Madison in 2013, Mike was a fixed income portfolio manager and analyst for Ziegler Lotsoff Capital Management focusing mostly on high yield bonds and preferred stocks. He earned a BBA from St. Norbert College, MS in economics from Marquette University and a MBA with honors from the University of Chicago Booth School of Business.

Alan Shepard, CFA
Alan Shepard, CFA, Assistant Vice President/Fixed Income Analyst
Mr. Shepard is a member of the firmís fixed income team and has over 20 years of industry experience. He was previously a floor trader in financial options in Philadelphia, Chicago and London. Mr. Shepard graduated from the University of Delaware in Finance and Economics and has an MBA from the University of Wisconsin, specializing in the Applied Security Analysis Program