Our Team

Our Team

Who We Are


Please click on each image below to learn more about a member of our team.


Mike Ovshak, CFP®

President, Owner

With more than 30 years of wealth management experience, Mike is able to create personalized solutions that positively and significantly affect each of his clients' financial situations. He and his team build long-term relationships based on trust, knowledge, industry experience, and the drive to do what's best for each client given his or her unique financial condition. He works step by step with clients to determine wealth management goals; then he develops a tailor-made plan that is flexible to change with his clients' unique financial situations.

Mike is a CERTIFIED FINANCIAL PLANNER™ professional; holds the FINRA Series 7, 63, and 65 securities registrations through Commonwealth Financial Network®; and earned a BS from the University of Minnesota. He is a member of various professional associations, as well as a recipient of various awards and recognitions, including being recognized every year as a Chairman's level advisor with Commonwealth since 2002, making the Financial Times 400 Top Advisors list (2013)*, earning a Five Star Wealth Manager award from Mpls. St. Paul Magazine twelve times since the award's inception in 2008**, being named to Forbes' Best-in-State Wealth Advisors List (2018, 2019, 2020, and 2021)*** and is a national and local member of the Financial Planning Association (FPA) since 1990.

Mike -Informal pic


Mike's personal interests include spending time with his wife and sons, playing tennis, skiing, fitness training, biking, golfing, hiking, and reading financial publications. He also has enjoyed coaching his kids throughout the years in each of their organized sports, including hockey, baseball, and football.

Contact Mike regarding your wealth management strategies.


* FT 400: To compile the 2013 list, the Financial Times evaluated nominees on six primary areas and calculated a numeric score for each advisor. The areas of consideration were assets under management (AUM), asset growth, compliance record, experience, credentials, and accessibility. Approximately 960 qualified applications were received; 400 advisors were selected, representing 41.6 percent of applicants. Not indicative of advisor's future performance. Your experience may vary. For the full methodology, please visit ft.com.

**Based on 10 objective eligibility and evaluation criteria, including a minimum of 5 years as an active credentialed financial professional, favorable regulatory and complaint history, accepts new clients, client retention rates, client assets administered, education, and professional designations. 4,004 Twin Cities wealth managers were considered for the award; 630 (16% percent of candidates) were named 2021 Five Star Wealth Managers. (The criteria provided reflects the most recent year for which advisor received the award. The criteria used, the number of wealth managers considered for the award, and the percentage of those who receive the award, may vary from year to year). These awards are not indicative of the wealth managers’ future performance. Your experiences may vary. For more information, please visit www.fivestarprofessional.com.

*** The 2021 ranking of the Forbes’ Best–in–State Wealth Advisors1 list was developed by SHOOK Research and is based on in–person and telephone due–diligence meetings to evaluate each advisor qualitatively and on a ranking algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria (including assets under management and revenue generated for their firms). Overall, approximately 32,725 advisors were considered, and 5,000 (approximately 15.3 percent of candidates) were recognized. The full methodology2 that Forbes developed in partnership with SHOOK Research is available at www.forbes.com.  This recognition and the due–diligence process conducted are not indicative of the advisor's future performance. Your experience may vary. Winners are organized and ranked by state. Some states may have more advisors than others. You are encouraged to conduct your own research to determine if the advisor is right for you.  Portfolio performance is not a criterion due to varying client objectives and lack of audited data. SHOOK does not receive a fee in exchange for rankings. 

Nancy Ovshak

Vice President, Owner

Nancy is passionate about making complex things simple. This interest led her to the role of managing the operations side of the firm. She enjoys working with our entire team to ensure our processes are designed effectively to help us provide the best level of service to our clients. She is also involved with the accounting, marketing and compliance areas of the firm.

Nancy -Informal Bio Pic - National Park orig cropped

When not at the office, she enjoys hiking, reading, and traveling. Her goal is to visit 20 National Parks in the next 20 years. She especially enjoys sharing these activities with her husband, Mike, and their three sons.

Nancy earned her bachelor’s degree from the University of Minnesota – Carlson School of Management. She also holds her FINRA Series 7, 63, and 65 securities registrations through Commonwealth Financial Network.

Nick Ovshak, CRPC®

Financial Advisor, Team Lead

Nick is passionate about helping clients gain financial knowledge and achieve their wealth management goals. He approaches each client’s needs from where they are at in their personal financial situation and provides the assistance needed to help them pursue their goals. This may include developing personalized plans to identify financial goals, managing portfolios to work towards reaching those goals, designing a tax efficient income stream during retirement, or building a budget to help clients stay on track.  

Nick has gained a wealth of knowledge through his past experiences and education. He graduated from Texas Christian University with a BA in Economics. Prior to joining FPS, he worked for Fidelity Investments. While at Fidelity, Nick was responsible for finding solutions for the most challenging, escalated situations. His professional education and credentials include holding his FINRA Series 7, 66, 9 and 10 licenses and the Chartered Retirement Planner Consultant (CRPC) designation.  

Nick - Informal cropped pic


In his spare time, Nick enjoys working out, discovering new places to eat (which leads to more working out), following the financial markets, and traveling both domestically and internationally. Some of his more unique travels have brought him to Machu Pichu in Peru, the tiny Azores Islands in the middle of the Atlantic Ocean, urban and rural areas of SE Asia, studying abroad in London, and a family favorite, Steamboat Springs, CO.  Nick’s personal goals for the future include getting a dog. 



Feel free to contact Nick with any questions you have pertaining to your wealth management goals and strategies.

Colton Campbell

Financial Paraplanner

Colton Campbell joined FPS as a Financial Paraplanner.He works closely with the advisors to help clients achieve their goals and reach financial freedom. He believes every financial situation is different and that developing a comprehensive financial plan is important to achieving those goals.

Colton went to University of North Dakota where he studied Finance, Investments, and Accounting. He joined FPS after gaining experience as an Investment Analyst and Investment Advisor. He holds his FINRA SIE, Series 7 and 66 licenses.



One of his favorite quotes from Benjamin Franklin "An Investment in knowledge pays the best interest".

In his free time he enjoys following the financial markets, traveling, lifting, golf, playing piano and guitar, learning new skills, and being with family and friends. 

Beth Thibodeau

Senior Registered Service Representative

Beth has more than 25 years of experience in the financial industry and joined the FPS team in 2004.

Beth holds the FINRA Series 7 and 63 securities registrations through Commonwealth Financial Network® and received her bachelor's degree from the University of St. Thomas. With her knowledge and experience, she is an excellent point of contact for clients with inquiries about their financial transactions. She plays a key role in ensuring our clients' transactions are processed efficiently and accurately.

Beth - Informal Bio Pic - Fire - Smaller


Beth's spare time is usually spent with her husband, four children, and her three grandchildren! She is also an on-call firefighter.

Contact Beth if you have any transaction-related questions. Beth works Mondays, Tuesdays, Wednesdays and Thursdays.

Bryan Palmer

Office Administrator

Bryan joined FPS in 2022 in the role of Office Administrator. He is instrumental in managing our technology platforms, operating procedures, office equipment and supplies, document management, database management, and much more. Bryan has held similar roles, most recently for the U.S. Senate in Washington D.C. FPS feels fortunate to have Bryan on the team.



When not managing the office, Bryan enjoys spending time with his rescue dog Yoshi, traveling, and trying new and different things. He has been to 48 of the 50 states and several countries around the world including 4 continents. He enjoys trying new foods every place he visits including the Minnesota delicacy of lutefisk.

Contact Bryan if you have questions about access to your online portal or Investor360 accounts.

Brandon Ulmer

Financial Paraplanner

Brandon finds gratification in helping people experience fulfillment and joy in their lives. Even when priorities and circumstances are not the same, he relishes the opportunity to help achieve significant goals. With a decade of experience in the financial service industry, he has developed skills that can help others in a variety of situations. He believes in “going the extra mile” to make a positive difference in the lives of people around him.

Brandon graduated from Iowa State University with a BS in finance. He has assisted financial representatives and advisors for several years and has experience developing strategies for cash flow, investments, education, estate, and legacy planning. He currently maintains FINRA Series 7 and 66 licenses and is pursuing the Certified Financial Planner™ designation to broaden and hone his planning capabilities.



In his spare time, Brandon enjoys hockey (go Wild!), billiards, and mixed martial arts. He also enjoys photography as a hobby and seeks to capture the most memorable moments and beautiful scenery. He spends a great deal of time with his dog, Scrub, who also cheers for the Minnesota Wild and shows his team spirit with a matching collar.