Joe SullivanJoe Sullivan
Managing Director - Equity Capital Markets

(763) 923-2225

Mr. Sullivan is a financial executive with over 25 years of research and investment banking experience. Prior to joining Oak Ridge Financial, he lead the Corporate Finance and Investment Banking team at Dougherty & Company. Mr. Sullivan also worked for several years as a Research Analyst at Craig-Hallum, Dougherty & Company and Feltl & Company. His areas of coverage and prior financial transactions have encompassed a broad range of industries , with the primary focus on emerging growth companies.

Mr. Sullivan received a Bachelor of Arts degree in Economics and Finance from St. John's University and holds the designation of Chartered Financial Analyst.


Mark HagenMark Hagen
Senior Vice President

(763) 923-2275

Mark joined Oak Ridge Financial in April, 2017 as an Investment Banker in the Emerging Growth Group. Mark brings over 20 years of Institutional Equity Sales and Investment Banking experience to Oak Ridge. Mark holds an MBA from St. Cloud State University and a Bachelor of Science degree in Business Administration from the University of Wisconsin – Stout.


David LantzDavid Lantz
Senior Vice President - Equity Capital Markets

(763) 923-2274

David has over 20 years of investment banking experience raising capital through private placements, PIPEs, IPOs and follow-on offerings. This time period also includes work in M&A and fairness opinions. He joins us at Oak Ridge having spent time working at Dougherty & Co., Feltl and Company, MJSK, and R.J. Steichen.

David holds the designation Chartered Financial Analyst. His MBA in finance is from the University of Minnesota, and his Bachelor of Arts is from Wheaton College in economics and political science.


Mike LarsonMike Larson
Senior Vice President

(763) 923-2273

Mike joined Oak Ridge Financial's Emerging Growth Group in 2017 to focus on the capital needs of small public and private companies. Mike has more than twenty years of experience in the financial industry with a strong focus on Institutional Sales and Investment Banking. Mike holds a Bachelor of Arts in Political Science from the University of Minnesota.


David Lantz

Mark Smith
Vice President - Sr. Research Analyst

(763) 923-2278

Mark has 14 years of experience covering small and micro-cap companies as an equity analyst. He started his career in Institutional Sales at Sidoti & Company before moving to research covering restaurant companies. Recently Mark spent over a decade with Feltl & Company in Minneapolis covering a diverse group of companies including restaurants, retail, manufacturing, gaming, media, transportation and satellites. He's been recognized as "Best on the Street", "Top Stock Picker" and "Top Earnings Estimator" numerous times over the last decade by The Wall Street Journal, Financial Times and Investor's Business Daily. Mark received a B.S. from Weber State University.


Thomas P. Niemiec, CFAThomas P. Niemiec, CFA
Managing Director

(612) 978-5692

Tom Niemiec has a career that spans approximately 40 years in investment banking, securities research and business advisory working with early stage and startup ventures.  As much as 50% of his time has been spent with medical related ventures although he has extensive experience with manufacturing and software companies as well.  He is a Senior Advisor in the Investment Banking Group at The Oak Ridge Financial Services Group, Inc. and founder of Wilshire Venture Group, LLC where Tom provides advice to early stage companies. 

Tom is a Chartered Financial Analyst and began his career as an equity research analyst and later concentrated on corporate finance activities such as initial public offerings, private placements, bridge financings, merger and acquisition advisory work, and business valuations and fairness opinions. Tom has extensive financing experience having raised hundreds of millions of dollars for early stage companies in industries such as medical devices, manufacturing, software, and electronics.   He has worked as acting CFO in turning around several distressed companies and as owner of a broker-dealer understands the challenges that entrepreneurs face with their new ventures. He has extensive experience conducting due diligence including attending numerous conferences and tradeshows from factory automation and computer to cardiovascular and orthopedic.  Tom also has extensive experience in preparing business valuations and fairness opinions for a variety of engagements.

Tom's background includes Managing Director of Oak Ridge Financial Services Group, Inc., Managing Director of Craig-Hilum Capital Group LLC, Managing Director of Manchester Financial Group, LLC, Senior Vice President of Dougherty Summit Securities, Founder of Investment Directions, Inc., and Senior Vice President and Technology Research Analyst for Piper, Jaffray & Hopwood.

Tom graduated from the University of St. Thomas with a B.A. in Finance. He is a member of the CFA Institute and the CFA Society of Minnesota. He has authored a number of articles, spoken at conferences for a variety of organizations and testified as an expert witness in a number of court cases.

Emerging Growth | Investment Banking