Team

The Wellspring Team

Novak Michael T. Novak, CPA, PFS, AEP
Managing Director
Michael has spent his entire career working in personal wealth management. As a professional wealth manager, Michael has experience working with high net worth individuals and families, managing their estate, investment, and income tax plans. Michael gets to know his clients personally, makes an effort to understand their unique family situations, and brings a human touch to their frequently complex financial portfolios.

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hyde Richard C. Hyde
Director
Rick brings more than 45 years of investment consulting experience to Wellspring. He is experienced in trust and estate management, investment management, and investment consulting. In his former role as Chief Investment Officer and Chief Market Strategist for Key Corp, he was responsible for the oversight and direction of all investment functions.

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demsey Hedy T. Demsey, CPA
Director
Hedy joined us in 2009 from another multi-family office where she was a Partner for more than 10 years. With her 25 years experience in working with high net worth families, she is highly skilled in income tax, estate planning and alternative investing (such as hedge funds and private equity).

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thrane Donna L. Thrane, CPA, PFS, AEP
Director
Donna brings more than 20 years of experience working with high net worth individuals and families in areas of wealth management including investment, estate, business succession, retirement and income tax planning. Her previous work experience includes management roles at professional services firms Ernst & Young and Deloitte.

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Rich Turgeon Rich Turgeon, CFA, CAIA, CPA, CFP
Director
Prior to joining Wellspring, Rich was Director of Equity and Fixed Income Research for Victory Capital Management from 1994 to 2014. Rich has over 30 years of experience in the investment industry and brings a strong expertise in multiple asset classes. During his tenure with VCM he was responsible for management of investment activities including the development and evolution of investment strategies. He was also responsible for oversight of the firm’s equity and fixed income research processes and ensuring their proper alignment to market conditions.

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Swartz Scott Swartz, J.D., LL.M., AEP
Counsel
Scott Swartz is an attorney with 23 years in private practice. During that span he has focused on counseling families, private businesses and multi-generation trusts on matters of income and business taxation, estate planning, asset protection and business succession. Much of his advisory work has been targeted to counsel of clients on integrated effects of income, business, and estate tax obligations, and planning ideas to reduce clients’ tax burdens.

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capuozzo Laura A. Capuozzo, RP
Operations Manager
Laura is one of the founding members of Wellspring and has been working with high net worth individuals and families for the past 18 years.  She brings extensive client service and operational experience to the Wellspring team. While she is experienced in financial, tax and investment administration, her main focus these days are on the internal operations of the firm which include, but are not limited to, general office management, compliance, staff workflow and oversight. Laura and her husband Michael currently reside in Highland Heights, along with their two boys and puppy: Christopher, Patrick and Charlie. Laura enjoys spending her time off by watching her boys in the variety of sporting activities they take part in year-round.
madzsar Katie Madzsar, CFP
Senior Associate 
After graduating from John Carroll University with degree in finance, Katie started at Wellspring Financial Advisors in January 2009 as an intern. By April 2009, she signed on as a full time associate. In early 2014 she was promoted to Senior Associate and successfully completed her certified financial planner designation.  She enjoys traveling, playing the piano and singing karaoke with her two daughters.
Debra Evans
Senior Associate 
Debra joined Wellspring in 2014 as a Senior Associate. She had already become familiar with Wellspring clients from 2008 through 2011 while she served as a partner between Wellspring and Conner & Associates for tax services. Debra holds a BBA from Kent State University. She has seven years of tax experience working with high net worth individuals and their related trusts, foundations, and entities. Debra’s primary focus relates to taxes for entities and individuals. In addition, she assists with financial and investment projects for Wellspring clients.
Bill Ambrogio
Associate 
After graduating from Miami University in May 2012 with a degree in Finance, Bill became a Wellspring intern. After gaining this experience, he joined our firm as an associate in September 2012. Bill assists our client management team providing estate, tax, financial advisory and investment planning for our clients. Bill is currently in the process of obtaining a CFP designation which he’s expected to complete by the summer of 2016. Bill is involved in educational and philanthropic organizations in Cleveland such as the Ronald McDonald House and the Cleveland Museum of Art.
Shari Dombcik, CPA
Associate 
Shari graduated from The Ohio State University with a Bachelor’s Degree in Accounting. She also has her CPA. Prior to joining Wellspring she worked for several years in accounting, tax, and financial professions. Shari supports the client management team providing financial, tax, and investment management. Shari enjoys running, bicycle riding, and spending time with her three children.
Beth Curtis
Client Service Associate 
Beth transitioned from administrative assistant to client service associate and enjoys the additional contact with clients. She provides client and management support for financial and tax matters.
Lisa Stautihar
Client Service Coordinator
Lisa is new to the firm, joining in 2014 coming from a pharmaceutical industry. She provides client and management support for financial, investment and tax matters. Lisa is married and has three children, two dogs and a cat which keep her busy on her time off.
Trisha Novak
Client Service Assistant
Trisha joined our Wellspring family in January of 2014, and has taken over the reins of the front office, serving as the liaison between our team and clients. Trisha has spent the majority of her career in various management and leadership roles within the retail industry. Along with her BA in Communications, she brings over 15 years of extensive client service experience to our team. Trisha enjoys reading, traveling, volunteering and spending time with family.
Sara Davenport, CPA
Bookkeeper
With more than 10 years of accounting and bookkeeping experience, Sara was added to the Wellspring family to track detailed client activity. She provides the Directors with current and accurate information to assist them in making client management decisions. Upon graduating from The Ohio State University, Sara obtained her CPA license in 2008. She has experience in a variety of roles including public accounting, auditing for The State of Ohio, accounting advisor at Cardinal Health, and overseeing gift accounting for the Philanthropy Institute at Cleveland Clinic.
Rick Conner
Consultant
Rick has more than 28 years of accounting experience, half of which has been spent working with high net worth individuals. He specializes in estate and charitable gift planning, private foundation compliance, and fiduciary related planning and compliance needs. He worked for the international accounting firm, Ernst & Young, and has also spent time in Washington D.C. covering House and Senate tax hearings. Rick’s team includes former managers from Ernst & Young and other experienced staff specializing in income tax for high net worth clients.