About the Author

Dan Scholl

Head of Municipal Fixed Income

Dan is responsible for the delivery of solutions within the municipal sector to clients, including portfolio management, trading, and credit research. He has more than 30 years of experience serving in leadership positions in fixed income and municipal markets. He served as co-head of the U.S. municipal fixed income business for Schroder Investment Management–a $600 Billion global asset manager–and served on the firm’s global fixed income investment and management committees.

Additionally, Dan served as senior vice president and portfolio manager for U.S. municipals and as senior vice president for intermediary distribution, responsible for the firm’s business development efforts in the eastern U.S. Prior to his tenure at Schroder Investment, Dan was a director and portfolio manager in municipals at Morgan Grenfell Asset Management and at Deutsche Asset Management.

Dan has also served in various leadership positions for the State of Delaware including deputy state treasurer, senior policy advisor to Governor Thomas R. Carper, and as senior advisor to three secretaries of finance. Dan received his MGA from the Fels Center of Government at the University of Pennsylvania and his bachelor’s degree from Ursinus College. He holds the Series 6, 7 and 63 licenses.

Active in the community, Dan currently serves as treasurer of the Delaware Historical Society and as a board member of the St. Francis Hospital Foundation and the Delaware Zoological Society. He is a member of the CFA Society of Philadelphia and the Bond Club of Philadelphia. He has served as director of the Diamond State Port Corporation and the Delaware 529 Investment Plan.

Dan has been a frequent speaker at multiple organizations, including the National Association of Personal Financial Advisors, the Financial Planning Association, and the Family Wealth Alliance. He has been published in Public Budgeting and Financial Management and Financial Planning, and has been quoted in the New York Times and Philadelphia Inquirer.


By the Author

Municipal Fixed Income Quarterly Market Commentary 2Q2021

Dan Scholl and Gerard Durr |
Investment Management
Municipal Fixed Income

In the 2Q 2021 issue of our quarterly publication, we:Discuss the how the federal stimulus and vaccination rates have pushed credit spreads tighterDetail the impact the infrastructure plan would have on the economyNote what is likely needed to see the plan move forwardThe first half of 2021 continued to produce strong cash flows and positive returns for the municipal market.

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Municipal Fixed Income Quarterly Market Commentary 1Q2021

Dan Scholl |
Investment Management
Municipal Fixed Income

In the 1Q 2021 issue of our quarterly publication, we:Discuss the muni market’s outperformance versus fixed income during 1Q 2021 amid volatilityNote the potential challenges that could lie aheadShare our views on the potential improvement on the credit quality of New York State, New York City and…

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Municipal Fixed Income Quarterly Market Commentary 4Q 2020

Karleen Strayer and Dan Scholl |
Investment Management

In the 4Q 2020 issue of our quarterly publication, we:Discuss the wild ride municipals took in 2020, including the impact of COVID-19, uncertainty around the presidential election, and record new issuance reached in the fourth quarter.Detail M&A issuance in the nonprofit health systems as well as pressures seen in higher education and transportation.Explain why comprehensive, careful credit research is so important.

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Municipal Fixed Income Quarterly Market Commentary 2Q 2020

Dan Scholl |
Investment Management

In the 2Q 2020 issue of our quarterly publication, we:Discuss how the muni market is starting to recover, despite continuing fallout from the pandemicProvide a close-up credit selection review on Houston and other areasOffer a view on how the CARES Act is impacting the muni marketAfter experiencing …

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Municipal Fixed Income Quarterly Market Commentary 1Q 2020

Karleen Strayer and Dan Scholl |
Investment Management
Muni-Bridge-NC.jpg

In the 1Q 2020 issue of our quarterly publication, we:Discuss how IG muni credits are expected to weather the current market dislocation.Present views on the support of the CARES Act.Offer views on the spate of expected downgrades in the U.S. financials sector. In the first quarter of 2020, the municipal market experienced a decade of turbulence.

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