Investment Services

Investment Services

Are you looking for advice from financial professionals?

Our in-house Investment Services Team of Mark Peterson and Cole Backstrom from Cetera Advisor Networks LLC specialize in financial planning, investment options and the 3M retirement plan for 3M employees, their families and retirees.

Access Your Investment AccountWith over 25 years of experience, Mark and Cole can assist you in many areas.
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To schedule a free, no-obligation consultation with a Financial Advisor, contact Cheryl Ettlinger at (651) 735-9940 or email her at

Cole Backstrom, CFP®    |   Financial Advisor

Cole Backstrom, Certificed Financial Planner, joined Novation Investment Services in 2009. With office hours at Novation's 3M Center and Oakdale locations, Cole works directly with clients assisting them in reaching their financial goals. Whether it is retirement planning, asset allocation or college savings, Cole is committed to helping individuals and families understand the tools needed to achieve financial success.

Cole graduated from the University of St. Thomas in St. Paul, Minnesota and currently lives in Woodbury with his wife and two children.

Mark Peterson   |   Financial Advisor

Mark has been working with Novation members and non-members since February 1999, helping them achieve their goals. Mark entered the financial services industry in the late 80`s as a Commodities Trader at the Minneapolis Grain Exchange. In his practice today, Mark focuses on providing the education and information clients need to make smart choices. He works closely with each person or family to develop a total financial plan for their specific purposes. The client is very much involved defining their goals and needs.

Mark is a firm believer that financial assistance is of great importance to everyone, regardless of assets, income, or circumstance. He is dedicated to helping people expand their financial horizons and achieve greater financial success. 

Receiving his degree in finance and economics from the University of Minnesota, Mark has also been a resident of Minnesota all his life. He is married and has two children that he loves playing with.

Novation Investment Services is located at 500 Imperial Avenue, Oakdale, MN 55128 and can be reached at (651) 739-8080. Securities and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC. Investments are:   • Not FDIC/NCUSIF Insured   • May lose value   • Not financial institution guaranteed   • Not a deposit   • Not insured by any federal government agency. Cetera is under separate ownership from any other named entity.

Check the background of this investment professional on FINRA’s BrokerCheck.

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