Equity Research
Key Personnel
 Brent R. Rystrom, Director of Research Brent Rystrom joined Feltl and Company as Director of Research in early 2009. Brent has over 17 years of experience covering growth stocks primarily in the retailing and consumer areas. At Piper Jaffray from 1993-2004, Brent’s coverage ranked among the firm’s top 10% for institutional votes, revenues, and outside ranking services. He was named a Wall Street Journal “Best on the Street”, Starmine “Top Stock Picker” and “Top 10” Retailing Industry Analyst from Reuter’s. His most prominent coverage included Best Buy, Dollar Tree Stores, Family Dollar Stores, Guitar Center, Michael Stores, Polaris Industries, Regis, Sports Authority, and Tractor Supply. Brent left the industry in 2004, and built a family-owned farming and forestry company. He plans to primarily cover retailing companies for Feltl and Company, and a small group of agriculture-related companies. Brent is a 1987 graduate of the University of St. Thomas. |
 Ernest W. Andberg, Senior Research Analyst Mr. Andberg is a research analyst with over ten years of experience writing on emerging medical device companies. He also has worked on the buy and sell sides of the street as a financial analyst, served as the treasurer and head of investor relations for a publicly traded company and was a registered investment advisor. Recently, Mr. Andberg has won awards from the Wall Street Journal for being the Top Analyst in the Medical Equipment and Supplies sector for 2008, as well as a Starmine award for being the best stock picker in the Health Care Equipment and Supplies sector for 2008. Mr. Andberg has a BA from Carleton College and an MBA from the Graduate School of Business Administration at Harvard University. |
 Scott R. Berg, Research Analyst Scott Berg joined Feltl as a senior research analyst in December 2009 covering Enterprise Software. Mr. Berg previously worked at ThinkEquity where he covered enterprise software and business services. He has spent 10 years in internal IT management with 2 brokerage firms and 3 years as a top national IT recruiter with Robert Half International. He holds an MBA from the Carlson School of Management at the University of MN along with a B.A. in Economics from Minnesota as well. |
 Mark E. Smith, Research Analyst Mark Smith is an Equity Analyst with over four years experience covering restaurants and other consumer discretionary companies. Mr. Smith previously worked for Sidoti and Co. in New York City and earned his BA in Finance from Weber State University. Mr. Smith was named one of the "Best on the Street" in 2007 by The Wall Street Journal. |
