Joyce L. Miller

Joyce Miller joined BMO Capital Markets as a Municipal Credit Analyst in 1992. She heads up the Municipal Research Department. Joyce began her career in municipal research in 1985 at Van Kampen Merritt, a mutual fund company. She is the Securities Industry and Financial Markets Association (SIFMA) representative to GASAC, the advisory council to the Governmental Accounting Standards Board (GASB). She is the past-Chairman of the former TBMA Municipal Securities Division Credit Committee. Joyce is past-President of the Chicago Municipal Analysts Society, a constituent society of the National Federation of Municipal Analysts (NFMA). She also served on the Board of Governors for the NFMA. She received both her BS and MA from Northern Illinois University.

Derek J. Bonifer

Derek Bonifer joined BMO Capital Markets as a Municipal Research Analyst in October 2000. He is responsible for analyzing all competitive and negotiated issues, creating issuer credit reports, writing topical research reports and monitoring industry trends. He is a member of the CFA Institute, CFA Society of Chicago, Chicago Municipal Analysts Society and National Federation of Municipal Analysts.

Derek graduated from the University of Kentucky with a BBA in Finance, and earned his MBA, with distinction, from DePaul University with a dual concentration in Finance and Financial Analysis. He earned the Charter Financial Analyst (CFA) designation in 2007.