E. Thomas Welch, JD
Principal and Business Development Manager
Tom helps bring in new clients and provides them with creative strategies for their family wealth needs. He offers advice and customized solutions for clients who want or have trusts as part of their family investment and tax plans. He also provides counsel on Palisade’s legal and compliance matters. Tom always brings humor to the workplace.
Prior to joining Palisade, Tom was the President and a board member at BNC National Bank, Minnesota, and head of the Wealth Management division for the Minnesota, North Dakota, and Arizona regions. Earlier in his career, Tom was a Managing Director at US Trust Company, the President and Director at Resource Trust Company, a board member for Eastcliff Mutual Funds, and Senior Vice President at Marquette Bank.
Tom earned a JD and a BS in Accounting from the University of North Dakota. He also taught at the ABA National Trust School at Northwestern University.
Tom is the board Chair for MicroGrants. He previously served as a board member for Big Brothers Big Sisters Twin Cities, Minneapolis Girl Scouts, One Percent Club, Minneapolis United Way, the local units of Tourette Syndrome and NAACP Legal Defense Fund Charities, and two public companies. Tom has also served as an expert witness on many trust related court cases.