Jeff Nesset has had a busy nine years

This month, we caught up with D.A. Davidson financial consultant Jeff Nesset, who was featured in Business Profile in March 2004 when he was serving as Lewiston's mayor.

Since that first interview, Nesset has served in the Idaho Legislature, losing his seat in last year's primary, and created the Nesset Bodman Group at his Lewiston D.A. Davidson branch, where he is senior vice president and branch manager. He answered the following questions via email:

Business Profile: Briefly, how has your business evolved over the past nine years? Is your role with D.A. Davidson different under The Nesset Bodman Group?

Jeff Nesset: The company has surrounded us with excellent people and resources. The overall depth and breadth of client services has increased. I am very pleased with the infrastructure that is in place to provide financial advice to our clients.

The Nesset Bodman Group is a specific team of advisors within the Lewiston Branch of D.A. Davidson. In 2008, I partnered with three other financial consultants (George Bodman, Brad Rice and Jeremy Nesset) in order to provide comprehensive wealth management services to our clients.

BP: Did the recession prompt significant changes within your business?

JN: It reinforced the importance of spending time with our clients. Ongoing communication is paramount to ensure our clients are positioned to accomplish their goals and are only taking the levels of risk they are comfortable with.

BP: From your position as a financial adviser, what signs do you see of economic recovery?

JN: Locally you can see some of the commercial and residential development. Some of our major employers like SEL (Schweitzer Engineering Laboratories) and ATK appear to be doing well.

On a national level, the economy has been steadily plodding along. GDP (gross domestic product) is at an all-time high after experiencing 12 consecutive quarters of incremental growth. We have seen modest improvements in employment, housing and automobile sales, for example.

BP: You were Lewiston's mayor for a decade, and then served in the Legislature as a representative. Do you have any plans to return to politics?

JN: For those who have asked, I lost the game but consider myself still in the tournament.

BP: In your previous interview, you mentioned an interest in serving on the Idaho Fish and Game Commission. Is that something you'd still like to do?

JN: Yes.

BP: In 2004, you were working on getting the Jack O'Connor museum started at Hells Gate State Park. The center opened two years later; are you involved with it today?

JN: I have continued my role as a board member. The Jack O'Connor Hunting Heritage and Education Center is for many, even locally, a very well-kept secret. We are working hard to change that. Everyone should go out to Hells Gate State Park and see it. You will certainly be surprised. Plan to bring a friend and/or relatives, especially those from out of town, to see the center and what it offers.

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Tatko may be contacted at

mtatko@lmtribune.com or (208) 848-2244.