Tom Herstad
About Tom Herstad
Tom Herstad serves as the Vice President and Chief Compliance Officer at Oak Ridge Financial, where he has worked since 2007. He possesses a strong background in finance, compliance, and relationship building, supported by an MBA from Pepperdine University and a BS from the University of Minnesota.
Work at Oak Ridge Financial
Tom Herstad has served as the Vice President and Chief Compliance Officer at Oak Ridge Financial since 2007. In this role, he has demonstrated a comprehensive understanding of regulatory environments and a commitment to proactive compliance administration. His responsibilities include ensuring that the company adheres to industry regulations and standards while effectively managing compliance risks. Over his 17 years at Oak Ridge Financial, he has developed a reputation for prioritizing multiple demands and adapting to business changes.
Education and Expertise
Tom Herstad holds an MBA in Finance from Pepperdine University, where he studied from 2001 to 2003. He also earned a Bachelor of Science in Finance from the University of Minnesota - Carlson School of Management, completing his studies from 1989 to 1993. His educational background provides a solid foundation for his extensive experience in sales, investment banking, and compliance within the financial services industry.
Background in Financial Services
Before joining Oak Ridge Financial, Tom Herstad worked as a Financial Advisor at Merrill Lynch from 1997 to 1999. This role contributed to his understanding of the financial services landscape and equipped him with skills in relationship building and collaboration with cross-functional business units. His background in financial advisory has informed his compliance strategies and practices.
Professional Skills and Recognition
Tom Herstad is recognized for his ability to prioritize multiple demands and adapt to changes in the business environment. His skills in building and developing relationships have been instrumental in his role as Chief Compliance Officer. He collaborates effectively with various business units, ensuring that compliance measures align with overall business objectives.