Credit Union Investment Management

Through long-standing partnerships with credit union executives, we understand the unique investment challenges credit unions face. Our experienced credit union investment team becomes an extension of your staff, leveraging our scale and resources to manage your credit union’s portfolio.

Madison’s Credit Union Investment Management Team delivers fixed income and equity strategies that address total benefits pre-funding, charitable donation account, and NCUA Part 703 investment needs. We provide clients with objective, fee-based advisory services (commission-free) that fit within their balance sheet risk profiles. 

Our investment advisory services save time, facilitate regulatory compliance and provide the opportunity for enhanced portfolio yields through risk management and portfolio optimization within investment policy guidelines.


Total Benefits Pre-Funding

Discretionary investment management solutions including fixed income and equities strategies offer the potential to increase investment income and offset the cost of employee benefits.

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Charitable Donation Accounts

Discretionary investment management solutions including fixed income and equity strategies offer the potential to increase investment income and enhance your charitable giving.

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Investment Advisory Services

Non-discretionary investment advisory services tailored to your unique balance sheet risk profile, ALM, liquidity and investment policy needs.

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David Hottmann, CFA®, CPA®
Portfolio Manager/Analyst
Jeffrey Matthias, CFA®, CAIA®, CIPM®, CFP®
Portfolio Manager
Patrick Ryan, CFA®
Head of Multi-Asset Solutions, Portfolio Manager
Alan Shepard, CFA®
Portfolio Manager/Analyst
Stuart Dybdahl, CFA®, CAIA®
Associate Portfolio Manager/Analyst
Bob Lindner
Director of Credit Union Business Development

David Hottmann, CFA®, CPA®

Portfolio Manager/Analyst
Contact

David serves as a portfolio manager on the Madison Mosaic Portfolios and the Madison Asset Allocation Funds. David has been working in the financial services industry for over 30 years. He joined Madison in 2009 from ACS Johnson Investment Advisors where he served as Chief Investment Officer. He earned his BBA in accounting & finance from the University of Wisconsin-Madison. David is a CFA charterholder and a Certified Public Accountant.

Jeffrey Matthias, CFA®, CAIA®, CIPM®, CFP®

Portfolio Manager
Contact

Jeff, CFA, CAIA, CIPM, CFP, serves as a portfolio manager for Madison’s Fixed Income Team, specializing in tax-exempt municipal bond portfolios. Jeff has been working in the financial services industry since 1987 and joined Madison in 2011. He earned his B.S. in finance from the University of Wisconsin-Platteville and his MBA in finance from the University of Wisconsin-Whitewater.

Patrick Ryan, CFA®

Head of Multi-Asset Solutions, Portfolio Manager
Contact

Patrick serves as head of Madison’s Multi-Asset Solutions Team and as a portfolio manager on Mosaic Portfolios and the Madison Target Allocation funds. Patrick is also a member of the firm’s risk management committee: Investment Strategy and Oversight Committee. Patrick has been working in the financial services industry since 2000. He joined Madison in 2009 from Members Capital Advisors, where he was a Senior Analyst responsible for managing MCA’s asset allocation program. He holds a Bachelor's Degree in Finance from the University of Wisconsin, graduating with distinguished honors. He is a CFA charterholder.

Alan Shepard, CFA®

Portfolio Manager/Analyst
Contact

Alan serves as a portfolio manager and credit analyst on Madison’s Fixed Income Team, specializing in corporate only and credit research. Alan has been working in the financial services industry since 1988 and joined Madison in 2011. He earned his B.S. in finance and economics from the University of Delaware and his MBA from the University of Wisconsin-Madison, specializing in the Applied Security Analysis Program. Alan is a member of Madison's Sustainable Committee.

Stuart Dybdahl, CFA®, CAIA®

Associate Portfolio Manager/Analyst
Contact

Stuart, CFA, CAIA, is an Associate Portfolio Manager and Investment Analyst for the Multi-Asset Solutions team at Madison Investments. He earned a B.A. in accounting and business management from Luther College. Stuart is a Chartered Financial Analyst (CFA) charterholder, a Chartered Alternative Investment Analyst (CAIA) charterholder, and is FINRA registered.

Bob Lindner

Director of Credit Union Business Development
Contact

Bob is Director of Credit Union Business Development. Bob started in the industry in 1990 and he joined Madison Investments in 2009. Prior to joining Madison Investments he was Director of Managed Accounts at CUNA Mutual Group. Bob was also responsible for Investment Advisory Services at MEMBERS Capital Advisors. He holds a BBA in Marketing from the University of Wisconsin-Whitewater and an MBA from Edgewood College.

“Madison” and/or “Madison Investments” is the unifying tradename of Madison Investment Holdings, Inc., Madison Asset Management, LLC (“MAM”), and Madison Investment Advisors, LLC (“MIA”), which also includes the Madison Scottsdale office. MAM and MIA are registered as investment advisers with the U.S. Securities and Exchange Commission. Madison Funds are distributed by MFD Distributor, LLC. MFD Distributor, LLC is registered with the U.S. Securities and Exchange Commission as a broker-dealer and is a member firm of the Financial Industry Regulatory Authority. The home office for each firm listed above is 550 Science Drive, Madison, WI 53711. Madison’s toll-free number is 800-767-0300.

Any performance data shown represents past performance. Past performance is no guarantee of future results.

Non-deposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of, or guaranteed by, any financial institution. Investment returns and principal value will fluctuate.

This website is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.