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Our Team:

Because we are an independent firm, we have no obligation to sell proprietary products or services. We are able to be openly selective in offering only those investment products and services that we believe are best suited to help meet your financial objectives and goals. We offer you timely, unbiased investment advice and promise to do so with the highest level of integrity and service.

Our broker dealer, First Allied Securities, Inc., is one of the leading full-service independent brokerage firms in the nation. Based in San Diego, First Allied's exclusive business development platform has been expertly constructed to provide entrepreneurial advisors with the industry's most comprehensive platform for growth.

Whether you are just starting to save for your future, or are a seasoned investor, Northern Plains Financial has the financial management experience to direct you towards reaching your objectives.


Michael T. Elsberry, CFP®, CRPC®

CERTIFIED FINANCIAL PLANNERTM practitioner, Business Owner


Mike Elsberry has worked as a financial advisor in the Grand Forks area since 2005 and is owner of Northern Plains Financial. He graduated from the University of North Dakota in 2005 with a bachelor’s degree in Financial Management. Mike holds the CERTIFIED FINANCIAL PLANNERTM designation from the Certified Financial Planner Board of Standards, Inc. and is a national member of the Financial Planning Association. Mike serves on the board for Greater Grand Forks Sertoma Club and is the Chapter Chairman for the Grand Forks Chapter of Ducks Unlimited. Mike and his wife Genea have two children. In his spare time, Mike enjoys golfing, camping, hunting and fishing.


Jerrilyn D. Walstad, CRPC®

Branch Operations Manager


Jerrilyn Walstad has worked in financial services operations in the Grand Forks area since 2000 and serves as the Operations Manager for our branch. She is instrumental in the coordination of all client service activity and manages all facets of daily office operations as they relate to client accounts and regulatory compliance. Her focus is to ensure that our clients’ needs are handled promptly and efficiently. Jerrilyn and her husband, Kriss, live on the Minnesota side of the river and have four grown children. When not in the office, Jerrilyn enjoys crafting, traveling, cooking and spending time with family and friends.

Amy B. Nygaard

Client Service Associate


Amy Nygaard serves as the Client Service Associate for our branch. She started with our branch in April of 2021. She has 31 years of customer service experience. She helps to coordinate client service activity and assists with all facets of daily office operations as they relate to client accounts. Her focus is to ensure that our clients' needs are handled promptly and efficiently. Amy lives in Grand Forks with her husband and son.  She stays busy with her son's activities, including hockey, football and baseball.  During the summer, Amy enjoys spending her weekends at the speedway watching her husband and friends race sprint cars.  She loves to entertain family and friends, especially on holidays. 

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