In business since 1990, Spencer Edwards is a Denver, Colorado based FINRA Member Retail Broker-Dealer/Investment Banker and NASDAQ Exchange Member Market Maker acting as a boutique investment banking firm specializing in small cap equities. Spencer Edwards makes markets in approximately 75 stocks, provides traditional retail brokerage and acts as underwriter in public offerings of equities and private placements of debt and equities. Spencer Edwards is also qualified to provide merger and acquisition services, corporate advisory, and valuation and fairness opinions.
Donna Flemming President Corporate Director
Ms. Flemming’s background includes twenty-five years in the securities industry as a supervising broker, compliance officer, and securities firm administrator. Prior to assuming her management position at Spencer Edwards, Ms. Flemming was the Compliance Officer and Human Resources Associate with Portfolio Management Consultants, Inc. of Denver, Colorado. In that position Ms. Flemming was responsible for compliance with federal, state and self regulatory laws and licensing requirements for a NSMIA registered investment advisor, broker/dealer and their agents (with limited international operations).
Ms. Flemming became a director of compliance services and financial specialist at Spencer Edwards in December 2002 and its Executive Vice President and Corporate Director in October 2005. In June, 2012 Ms. Flemming became the Firm’s Chief Executive Officer/President, Chief Compliance Officer, Chief Financial Officer, and Financial and Operations Principal.
Ms. Flemming is licensed by FINRA Regulation Inc. as a: General Securities Principal FINRA Series 24; Financial and Operations Principal FINRA Series 27; General Securities Agent FINRA Series 7; Uniform State Licensing FINRA Series 63; Financial Adviser FINRA Series 65; FINRA Equity Trader Series 55; Municipal Bond Principal Series 53; and FINRA Registered Options Principal Series 4.
Ms. Flemming earned her BA Degree in English Literature from the University of Colorado,
Boulder, Colorado in 1969 and a Paralegal degree with honors from Denver Paralegal Institute,
Denver, Colorado, in 1996.
Market Making Professionals
Thomas Richardson – Trading Compliance Principal, Manager of Trading Department and Head Trader
Mr. Richardson has been a professional equities trader with national and regional OTC and clearing firms since 1979. Mr. Richardson earned his BA Degree in Business Administration from the University of Buena Vista, Storm Lake, Iowa in 1975.
Mr. Richardson became the Equity Trader and a market-making specialist for Spencer Edwards in March 2003 and the Trading Compliance Principal, Manager of Trading and Head trader in December, 2008.
Mr. Richardson is licensed by FINRA Regulation Inc. as a: General Securities Principal FINRA Series 24; General Securities Agent FINRA Series 7 and FINRA Equity Trader Series 55.
Josh Dettman Director of Global Institutional Trading
Mr. Dettman has been a market maker and trader since 1996. He was recruited to join Spencer Edwards in June of 2012. He has been in charge of trading desks both on a national and international scale. Mr. Dettman is a specialist in institutional business and has relationships all over the world.
Mr. Dettman is licensed by FINRA Regulation, Inc. as a General Securities Agent, Finra Series 7, and FINRA Equity Trader Series 55.
Mr. Dettman has a degree in Communications from the University of Colorado.
Frederick Ott Senior Trader
Mr. Ott’s experience in the securities industry includes forty + years in the brokerage industry as a professional stock trader with several NYSE firms as well as quality OTC firms. Mr. Ott operated as a commodities trader for six years. He also served on the FINRA Arbitration Committee for five years and has testified as an expert witness in a number of securities litigation matters. From 1984 to 1988, Mr. Ott served as the Vice President and President of the Denver Securities Traders Association and remains an active member of that organization.
Mr. Ott became the Senior Trader and a market-making specialist for Spencer Edwards in December 2002.
Mr. Ott is licensed by FINRA Regulation Inc. as a: General Securities Agent FINRA Series 7; Uniform State Licensing FINRA Series 63 and FINRA Equity Trader Series 55.
Stephen Biley – OTC Equity Trader
Mr. Biley has been a securities broker since 1993. Mr. Biley earned his BA Degree in Business Administration from the Hofstra University, New York, New York in 1992.
Mr. Biley has been employed by Spencer Edwards as a registered representative since January 1999. In December, 2008, Mr. Biley became the Equity Trader and a market-making specialist for Spencer Edwards.
Mr. Biley is licensed by FINRA Regulation Inc. as a: General Securities Agent FINRA Series 7 and FINRA Equity Trader Series 55.
Other Spencer Edwards Personnel
Spencer Edwards employs twenty-two seasoned retail brokers as well as the necessary experienced and efficient administrative and supervisory personnel to maintain its varied finance specialist functions. Virtually all of these individuals have twenty plus years in the securities industry, some as many as forty years. Its main office is in suburban Denver, Colorado.