Board & Administration
Gregory Carlson – President
Principal, Carlson Capital Management
Greg is a founding principal of Carlson Capital Management, a wealth management advisory firm based in Northfield, Minnesota. Greg is actively involved in managing client relationships and developing and setting vision for the firm. He is a 1982 graduate of St. Olaf College, where he earned a Bachelor of Arts degree in Economics. Early in his career, Greg recognized the importance of further study and earned the designation Certified Financial Planner®–he has provided investment counsel and financial advice to clients for more than 30 years. Greg has served in leadership roles on numerous boards and committees of civic, professional and religious organizations including the Northfield Rotary Club, the Northfield Area Foundation, Bethel Lutheran Church, St. Olaf College, Mt. Carmel Ministries and TIAA-CREF Institute. Greg was also a co-founder of 5th Bridge, which has become Northfield Shares. Greg and his wife Nancy live in Northfield, where they raised their three daughters.
Rick Estenson – Treasurer
Vice President/Business Development Officer, Merchants Bank
Rick was born and raised in Hector, Minnesota. He attended Luther College in Decorah, Iowa where he earned a Bachelor of Arts degree in Accounting. Upon graduation, Rick served as an auditor for the Chicago Board of Trade, working in Chicago and New York City. He returned to Minnesota in 1981 and worked with Piper Jaffray, Inc. for more than twenty years in various managerial capacities. Following his time at Piper Jaffray, Rick joined Wells Fargo Bank as an Investment Manager. Rick has served as Vice President/Business Development for First National Bank of Northfield, now Merchants Bank, for than 15 years. He is active in numerous community organizations including, among others, Northfield Rotary Club, the Northfield Downtown Development Committee, Northfield United Methodist Church, and the Northfield Chamber of Commerce. Rick is married to Kris Estenson. They have two grown children, Samuel and Maria. Rick enjoys sports, travel, dogs and history.
Arthur Monaghan – Secretary
Principal, Granite Equity Partners
Art is a co-founder of Granite Equity Partners, a firm that makes investments into privately-held companies headquartered in the Upper Midwest. Previously, Art was a Principal at Norwest Equity Partners, a $2 billion private equity group and one of the oldest private equity firms in the United States. Art began his career in the management consulting industry focused on advising professional sports leagues and teams. Art currently sits on the board of eight companies. He attributes his strong work ethic to the lessons he learned growing up on a family farm located in Manchester, Iowa. Art graduated from the University of Notre Dame, where he earned a Bachelor of Arts degree in Accounting. In addition, Art managed to combine his love of sports and business in college. While at Notre Dame, he was the leader of a 200 member, fully student-run, athletic managers’ organization. He had ultimate responsibility for the entire athletic program, but focused his efforts on the football program with Coach Lou Holtz. Art resides in Northfield, Minnesota with his wife, Emily, and their three sons. He is an avid traveler, having toured most of the United States, Western Europe and Kenya, Africa. Art is an assistant varsity football coach for the Northfield Raiders, and also enjoys attending sporting events around the country, including at least two Notre Dame football games per year.
Senior Integrated Wealth Advisor
After growing up just outside of Boston, Matthew completed his undergraduate studies at Gustavus Adolphus College in Saint Peter, Minnesota. There, Matthew met his wife, Leah, before attending law school at William Mitchell College of Law in Saint Paul. A member of both the Minnesota and federal bar systems, Matthew practiced law in Northfield before joining Carlson Capital Management in 2014. He serves on several non-profit boards in the community, including the Northfield chapters of Sertoma and Rotary, and formerly, the Community Action Center of Northfield, and the HealthFinders Collaborative. Matthew enjoys spending time with his wife and four children.
Blake began his career as a business consultant with Andersen Consulting, then went on to work in the building materials industry. During his twenty-year tenure with Andersen Windows Corporation, Blake held various director-level leadership positions in Engineering, Operations, Information Technology and Strategic Planning. In each of his roles, he was responsible for designing and implementing large-scale business improvement efforts. Blake is currently a full-time community volunteer, giving his time to family, church, and numerous community organizations. Blake is a 1982 graduate of St. Olaf College, where he earned a Bachelor of Arts degree in Mathematics & Economics. He also holds a Master of Science degree in Industrial Engineering and Statistics from Iowa State University. Blake serves on a number of civic and non-profit boards including 5th Bridge, Rice County Habitat for Humanity, and Prairie Creek, Inc. He also serves as Treasurer of the Northfield United Methodist Church. Blake’s wife Beth is Assistant Professor of Chemistry at St. Olaf College. Blake, Beth and their three sons reside in Northfield.
When you call us at ACP, chances are you’ll speak with Tonya Quade. Tonya, the Corporate Administrator at Carlson Capital Management, also serves as Administrator for the American Center for Philanthropy’s Charitable Gift Funds. She handles new account openings, grant processing, account changes, transfers and board communications. Tonya will be glad to help you with anything you might need related to your current account, or any questions you might have about opening a new account. Just give her a call at 507.321.4027 or send her an email.