Meet the People at Breckinridge Capital Advisors, Inc.

Breckinridge Capital Advisors, a fixed income manager specializing in the municipal bond market, will handle all investment decisions for your portfolio.

  • More than 25 investment professionals1
  • More than $25 billion in assets managed for over 9,800 accounts1
  • More than 20 years of experience investing municipal bond separately managed accounts1

Breckinridge Capital Advisors, Inc. Executive Team1

Peter Coffin

  • PRESIDENT
  • Portfolio Management

Peter Coffin is president and portfolio manager at Breckinridge Capital Advisors, a Boston-based fixed income investment manager with over $30 billion in assets under management. Peter has over 30 years of experience in the investment industry. Before founding Breckinridge in 1993, Peter was a Senior Vice President with Massachusetts Financial Services (MFS), where he managed municipal bond portfolios and served on the MFS Fixed Income Policy Committee. As a committee member, he shared oversight of all the firm’s fixed income strategies. Peter began his career as an analyst, first in the Bond and Money Market group of the Connecticut National Bank, and then in Aetna's Bond Investment division. Peter received a BA with honors in classical studies from Hamilton College in 1982 and serves on the college's Board of Trustees. He also serves on the board of The Trustees of Reservations and is President of the Frontier Nursing University Foundation. Peter was recently appointed to the Investor Advisory Group for the Sustainability Accounting Standards Board (SASB), which seeks to develop and disseminate sustainability accounting standards that help public corporations disclose material, decision-useful information to investors. Peter was previously on the board of the Forum for Sustainable and Responsible Investment (US SIF) and the Municipal Securities Rulemaking Board (MSRB). Peter speaks regularly at conferences on topics related to the management of fixed income portfolios and sustainable investing, and his commentary on those subjects is often reported in the press.

David J. Madigan

  • CHIEF INVESTMENT OFFICER
  • Portfolio Management

David Madigan is Breckinridge's chief investment officer. He sits on the firm's Executive Committee, and also heads the Investment Committee. Under David's leadership, Breckinridge's Investment Committee determines market outlook and directs the firm's investment strategy. He has been with the firm since 2003 and has over 21 years of investment industry experience. Prior to Breckinridge, David was an executive vice president at Thomson Financial where he developed and produced global fixed income research products. David also held positions as chief municipal strategist at Merrill Lynch & Co. Inc. and as a private bank asset manager at both Bankers Trust and Prudential Financial Inc. David's research on municipal bond risk management was published in the 1994 Handbook of Municipal Bonds, and the 1996 Handbook of Derivatives Risk and Responsibility. David currently serves on the Town of Duxbury Board of Selectmen. He holds a BA in accounting from the University of Notre Dame and an MBA in finance and marketing from the University of Chicago Booth School of Business.

Matthew C. Buscone

  • EXECUTIVE VICE PRESIDENT, CO-HEAD OF PORTFOLIO MANAGEMENT
  • Portfolio Management

Matt Buscone, executive vice president, is co-head of portfolio management and head of Breckinridge's San Diego office. He sits on the firm's Investment Committee where he is jointly responsible for setting investment strategy, asset allocation and sector weightings. Matt is also a member of the Executive Committee. In his role, Matt oversees the management of the firm's tax-efficient bond portfolios and bridges the Boston and San Diego offices to maintain seamless communication between coasts. Matt joined Breckinridge in 2002 as a trader and transitioned to portfolio management in 2008. He has over 19 years of industry experience. Prior to Breckinridge, Matt was a tax-exempt trader at Mellon Private Asset Management. Before Mellon, Matt was a portfolio manager at David L. Babson & Co. for both taxable and tax-exempt money market portfolios. Matt holds a BA in economics from Bryant College.

Adam Stern

  • SENIOR VICE PRESIDENT, CO-HEAD OF CREDIT RESEARCH
  • Credit Research

Adam, senior vice president, is co-head of research at Breckinridge. He is a member of the firm's Investment Committee where he is jointly responsible for setting investment strategy, asset allocation, and sector weightings. Adam is also a member of the Risk Committee. In his role, Adam heads Breckinridge's municipal research efforts, contributes regular thought leadership, and performs municipal credit analysis. Adam also oversees Breckinridge's systems for monitoring holdings and analyzing credit trends. He has been with the firm since 2009 and has over 11 years of industry experience. Prior to Breckinridge, Adam was the chief financial and policy analyst for Connecticut's Association of Towns and Cities. Adam has published two academic journal articles on the history of Connecticut's personal income tax and state budget, and his writing on municipal insolvency and public pension law has appeared in The Bond Buyer. Adam holds a BA from Amherst College, a JD from the University of Connecticut, and an MPA from the Maxwell School of Citizenship and Public Affairs at Syracuse University.