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Tom Welch

PRINCIPAL at Palisade Asset Management, LLC

Minneapolis, MN , United States

About

Tom Welch was a Principal at Palisade Asset Management in Minneapolis, MN, where he contributed leadership and deep expertise to the firm from 2009 through 2024. At Palisade, he focused on guiding portfolio strategy and risk management within traditional equity and fixed income asset classes, supporting institutional and private clients in their investment objectives.

Prior to joining Palisade, Tom held significant governance roles including Trustee and Director at Northcott Hospitality, LLC, and served as Director and Committee Chair for Entrx Corp., where he provided oversight of audit and compensation functions. His extensive leadership experience also spanned roles at US Trust and Entrprize Corp., indicating robust knowledge in corporate finance, hospitality, and strategic asset allocation.

Tom earned both a JD and BS in law and accounting from The University of North Dakota School of Law, equipping him with rigorous analytical capabilities and a strong foundation in compliance and fiduciary oversight. Throughout his career, he was recognized not only for his technical rigor but also as a mentor who shaped Palisade’s success and culture over more than a decade.

Career History

OrganizationRoleDate RangeDetails
PALISADE ASSET MANAGEMENTPRINCIPALJan 2009 to Present
NORTHCOTT HOSPITALITY,LLCTRUSTEE and DIRECTORJan 2005 to Present
ENTRX CORP.DIRECTOR; CHAIR AUDIT and COMP. COMMITTEEJan 2006 to Dec 2015
BNC National BankPRESIDENT--MN REGIONJan 2005 to Jan 2009
leader in the banking services for MN; leader of wealth management services for MN, ND, AZ regions
RESOURCE TRUST COMPANYPRESIDENT and MANAGING DIRECTORApr 1984 to Apr 2005

Education

The University of North Dakota School of Law

JD and BS, law and accounting

1956 1962

leith high school

1953 1956

Skills & Expertise

Asset Managment
Acquisition Integration
Business Planning
New Business Development
Leadership
Strategic Planning
Wealth Management
Banking
Portfolio Management
High Net Worth Individuals
Strategic Financial Planning
Mergers & Acquisitions
Financial Services
Asset Management
Due Diligence
High Net Worth
Public Speaking
Teaching
Program Management
Customer Service
Strategic Financial
Mergers and Acquisitions

Others at Palisade Asset Management, LLC (3)

NameRoleLocation
P
Paul Kronlokken
Principal and Portfolio ManagerMinneapolis, MN , United States
S
Shawn Eells
Portfolio ManagerExcelsior, MN , United States
Dennis Ott
Dennis Ott
Principal and Portfolio ManagerMinneapolis, MN , United States

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