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 investment banking firm specializing in small and mid 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.
Steven Quoy – Managing Director of Capital Markets
Steven Quoy has over 30 years of experience and expertise in the primary and secondary Fixed Income and Capital Markets. He was directly responsible for Fixed Income trading and sales, arbitrage and repo trading activities as well as research, market analysis and regulatory compliance. Mr. Quoy has directed all facets of public and corporate finance structuring including sales of taxable, municipal and corporate finance transactions. Mr. Quoy has worked extensively for over 15 years with financial institutions analyzing, evaluating and structuring portfolios to manage interest rate risk and liquidity needs.
Mr. Quoy became Managing Director of Capital Markets with Spencer Edwards, Inc. in May 2013.
Mr. Quoy is licensed by FINRA regulation as: General Securities Principal FINRA Series 24; a General Securities Agent FINRA Series 7; Uniform State Licensing FINRA Series 63; and FINRA Equity Trader Series 55.
Mr. Quoy holds a Bachelor of Science, Business Management Degree from Metropolitan State University
Joe Lavigne – Managing Director of Investment Banking
Joe Lavigne has spent the last 25 years in the Securities Industry helping micro-cap and small-cap companies navigate the capital markets and capital formation process. Mr. Lavigne began his career with RCL Northwest Inc., a Spokane Stock Exchange member firm in Spokane, WA as a trading clerk and eventually became a trader on the firm’s equities trading desk. In 1991 Mr. Lavigne moved to Denver, Colorado to join the trading desk at Cohig and Associates a regional firm specializing in public and private financings for emerging growth companies. Shortly after joining Cohig he was promoted to head of Cohig’s equity trading operations and later became an equity partner in the firm. Mr. Lavigne left Cohig in 2000 after the firm was sold and joined the trading desk at Schneider Securities in Denver and later joined GVC Capital Partners LLC where he managed and directed their equities trading operations before eventually moving into their Investment Banking Department.
Mr. Lavigne is licensed by FINRA with the following designations; General Securities Agent FINRA Series 7; Uniform State Licensing FINRA Series 63; Equity Trader FINRA Series 55; General Securities Principal FINRA Series 24; Investment Banking Representative FINRA Series 79.
Mr. Lavigne holds a Bachelor of Science degree in Finance from the University of Idaho.
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.