Wellspring Financial Advisors Announces Additional Board Member to the Strategic Advisory Board

Mike Moran to provide expert guidance that supports the firm’s client-centric philosophy and growth

Wellspring Financial Advisors (Wellspring), a registered investment adviser and multi-family office catering to ultra-high-net-worth individuals and families, is pleased to announce the addition of Mike Moran to its advisory board. Mike joins current board members Scott Roulston and Larry Wolf to support and enhance the mission and vision of the firm.
 
Mike is the CEO and Managing Partner of Walnut Ridge, a multigenerational family office for the owners of GOJO Industries, the global leader in skin health and hygiene solutions for away-from-home markets and the inventor of PURELL® Instant Hand Sanitizer. He leads a team that manages a large portfolio of investments, oversees controlling interest in operating companies, and manages two philanthropic foundations within a fourth-generation family enterprise. 
 
As a board member, investor, and advisor, Mike has worked closely with a range of public and private companies, startups, and non-profits. 
 
Prior to Walnut Ridge, Mike was a Principal and Partner at Linsalata Capital Partners, a middle market private equity fund where he was responsible for sourcing, transacting and overseeing investments. During his over seven years at Linsalata, he worked closely with portfolio companies on driving organic growth, integrating add on acquisitions and improving operating performance. Mike was involved at the financial, operating and board levels on a broad array of manufacturing, distribution and consumer products companies.
 
Prior to Linsalata, Mike was an investment banker at KeyBanc Capital Markets, where he executed over 40 merger and acquisition transactions over ten years and led the M&A efforts of the specialty chemicals and plastics markets. He began his career at Key in the management training program with roles in corporate banking, real estate capital markets, and private equity investing.
Mike has experience with a range of corporate and non-profit boards. He is a currently a Board Member on the corporate boards of GOJO, Cowles Companies (a fourth-generation family-owned enterprise consisting of media, real estate, and forestry operations), MVP (a third-generation family-owned manufacturer of fluid control products), Lake City Plating (an industrial manufacturing company), and Sealantium (an early-stage developer of medical hemostatic sealants). Mike also serves on the board of the environmental non-profit Nature Center at Shaker Lakes.    
 
Mike received his MBA from the Kellogg School of Management at Northwestern University and his BS in Finance from Miami University.

Wellspring’s other advisory board members include:

Scott Roulston - Scott is an Advisory Partner for both The Pritzker Organization (TPO), the merchant bank for the interests of the Tom Pritzker family, and Brownhelm Capital, a Cleveland-based single-family office. He is also a board member of Bluecoats, Inc. Formerly, Scott was CEO of Roulston & Company, Inc. (now known as Fairport Wealth) and has held management positions at MAI Capital Management (MAI) in Cleveland, and Segall Bryant & Hamill in Chicago. He has served on the boards of three public companies, several private companies, and founded the Cleveland Chapter of Private Directors Association.

Larry Wolf - Larry is CEO of Red Diamond, Ltd., a single-family office located in Rocky River, Ohio and sits on numerous boards for family-owned businesses and the family’s private foundation. Larry also serves as President of Red Diamond Management Co., the family’s Private Trust Company. He works closely with Greycourt & Co. for investment planning and is a member of their Client Advisory Council. Larry was a founding member of Forge, a national peer-to-peer networking community for single-family offices in the United States, and is a member of their Executive Committee. Larry is also a board member for Investor Diversified Realty ODCE Index Fund and serves as head of their Audit Committee. Prior to working at Red Diamond, he was a Tax Partner in the Cleveland office of Arthur Andersen & Co.

“Wellspring’s advisory board offers a breadth of industry knowledge that supports the firm’s growth and will enhance the client experience”, said Michael Novak, CEO and Founder of Wellspring. “We are thrilled to have Mike join with Scott and Larry as we continue to navigate Wellspring’s future in a strategic and meaningful way.”