Longtime Lewiston Financial Advisor Retires

Jeff Nesset leaves D.A. Davidson after nearly 50 years of helping clients build wealth

Apr. 5, 2026 at 7:05am

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Jeff Nesset, a senior vice president and financial advisor at D.A. Davidson in Lewiston, Idaho, has retired after close to 50 years of helping hundreds of families save for retirement, send children to college, and afford luxuries like vacations. Nesset, 73, also served as the town's mayor for a decade and as a Republican state representative for two years.

Why it matters

Nesset's retirement marks the end of an era for the Lewiston community, where he has been a prominent figure in both the financial services industry and local politics for decades. His departure comes at a time of market volatility, with investors grappling with the impact of the war in Iran and rising gas prices on the economy.

The details

Nesset's last day at D.A. Davidson was Tuesday, and the firm held an open house at the Hells Canyon Grand Hotel in Lewiston to mark the occasion. All of Nesset's clients have been assigned to four other financial advisors in the office, a transition that went smoothly because the staff has always functioned as a team, according to Nesset.

  • Nesset's last day at D.A. Davidson was Tuesday, April 5, 2026.
  • Nesset served as Lewiston's mayor for a decade, ending in 2007.
  • Nesset served a two-year term as a Republican state representative, ending in 2012.

The players

Jeff Nesset

A 73-year-old senior vice president and financial advisor at D.A. Davidson in Lewiston, Idaho, who has retired after close to 50 years in the industry. Nesset also served as Lewiston's mayor for a decade and as a Republican state representative for two years.

D.A. Davidson

The financial services firm where Nesset worked as a senior vice president and financial advisor for close to 50 years before retiring.

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What they’re saying

“If you have a good plan in place, stick with your plan. What I'm getting more of than anything else is 'What should I be adding to versus what should I be getting out of?'”

— Jeff Nesset, Retired Financial Advisor

The takeaway

Nesset's retirement marks the end of an era for the Lewiston community, where he has been a prominent figure in both the financial services industry and local politics for decades. His departure comes at a time of market volatility, underscoring the importance of having a well-crafted financial plan and sticking to it, even in uncertain times.