Erika Smull

Dr. Erika Smull is an investor and civil engineer with specific expertise at the intersection of municipal finance and water infrastructure. She is a senior research analyst at Breckinridge Capital Advisors in Boston, Massachusetts, where she leads data science integration efforts for the municipal credit team. She also serves as a subject matter expert to guide the team’s sustainable and impact investment process and product offerings. She routinely provides external thought leadership on public finance, climate risk, and community development for both public sector and private sector initiatives. Her academic and professional work includes risk pricing in the municipal bond market, the affordability of water services in the US, racial disparities in access to capital, and the role of bond markets in combatting the climate crisis. Prior to her time in the municipal finance sphere, Erika was a water resources engineer in Colorado, where she worked on flood and drought modeling and resiliency design projects. Erika holds a PhD in Environmental Policy from Duke University, a M.S. in Civil & Environmental Engineering from Colorado State University, and a B.S. in Civil Engineering from Penn State University.