OUR TEAM | Colosimo Financial

Exceptional Service and Expertise

Meet Your Team

Dedication. Expertise. Passion.

Colosimo Financial proudly traces its roots to 1959, the year Jim Colosimo founded this successful Thunder Bay firm. Jim had a very clear vision and one ahead of its time - to provide clients with exceptional service and expertise in the areas of wealth strategies, investments, and estate planning. His commitment to this vision and his many years of hard work earned him a superb professional reputation. In 1990, Jim's son Mark joined the firm to carry on this vision and to continue to meet the diverse financial needs of our community.

At Colosimo Financial, you are a client of the entire firm, not just one advisor.

Colosimo Financial's dedicated professionals continue to help our clients realize their dreams and to practice Jim's standards of excellence. We are particularly proud of our team approach. At Colosimo Financial, you are a client of the entire firm, not just one advisor. This approach allows us to deliver excellent service and advice to our clients and give them access to the full range of talent offered by our five-member team.

Mark J. Colosimo CFP, CLU, CH.F.C, CIM.

Portfolio Manager

Mark Colosimo is the son of Jim Colosimo, the founder of Colosimo Financial. He has proudly continued the tradition of excellent service in the financial services sector, including investments, insurance, and financial planning. Mark graduated from Lakehead University with a business degree and worked for the Bank of Nova Scotia for five years before joining Colosimo Financial in 1990.

Mark holds several professional designations:

Certified Financial Planner (CFP)
Chartered Life Underwriter (CLU)
Chartered Financial Consultant (CHFC)
Chartered Investment Manager (CIM)

In addition to his professional achievements, Mark has been an active volunteer in the community, dedicating 30 years to St. Joseph's Foundation. He is the proud father of Andrew, and Olivia, and enjoys golfing and spending time with his wife, Giselle.

Bill Penko CPA, CA

Wealth Advisor

As a CPA, Bill Penko brings a diverse and robust background to the practice of wealth management. He started his professional life at a public accounting firm, where he worked for roughly 7 years. His experience as a tax accountant, helping clients manage through the difficulties involved with the passing of a loved one, imprinted upon him the importance of estate planning and partly inspired him to pursue a career in wealth management. He went on to work for a bank-owned wealth management firm for 3 years, before he joined up with Mark Colosimo and the team at Colosimo Financial.

Now, with over 10 years of professional experience, Bill combines valuable expertise with practical insight. His unique background and perspective allow him to analyze client situations through multiple lenses and provide more complete advice. Bill believes strongly in continuing education and is currently working towards a Chartered Investment Manager (CIM) designation.

Outside of his professional life, Bill enjoys traveling with his partner Kelly and cherishes summers spent at his waterfront camp. He possesses a competitive spirit and probably has a strong opinion about your favourite sports team. His personal experiences and professional dedication make him a relatable and trusted advisor, committed to guiding clients on their financial journeys with expertise and care.

Chelsey Lamppu

Investment Advisor Assistant

Chelsey was born and raised in Thunder Bay. She graduated from Lakehead University with a Bachelor of Arts in Women’s Studies and holds a Pre-Health diploma from Confederation College. In 2018, Chelsey became a licensed assistant and successfully completed the Canadian Securities Course, followed by the Wealth Management Essentials course.

Chelsey lives in the country with her husband, Steve, and their son, Ryker. They also have a cat named Luna and a Dalmatian named Dice. Chelsey and her family cherish their time camping and exploring the great outdoors.

Lesley Massey

Administrative Assistant

Lesley, originally from Ireland, moved to Canada at a young age. She lived in Victoria, BC for most of her life and moved to Thunder Bay in 2017. Along with 30 years of experience in the finance industry, she also has a passion for interior design, having worked in that field throughout her career.

Lesley lives on Lake Superior with her spouse, Dale, and their three dogs, Lucy, Sisu, and Winnie. They enjoy spending time at the lake and camping in their RV with their dogs. Lesley also travels back to Victoria where her son, Connor, and her parents still live.

Natalie Haglin

Administrative Assistant

Natalie was born and raised in the Thunder Bay area. She has been working as an administrative assistant in the financial services industry since 2009.

In her spare time, Natalie enjoys the outdoors, gardening, and spending time with her family.

Jim Colosimo CFP, CLU

Retired Founder

Jim Colosimo is the founder of Colosimo Financial and had a disinguished career in the life insurance and financial industry since 1959. He used his skills and knowledge to offer exceptional service in the areas of wealth planning, retirement planning and estate planning. Jim's achievements received national recognition when he became a member of the Million Dollar Round Table (MDRT) in 1991 and again when he was chosen by the Canadian Association of Insurance & Financial Advisors as the Insurance and Financial Advisor of the Year in 1998.

Jim has served in various capacities with the Northwestern Ontario Life Underwriters, the Canadian Life Underwriters, and the Life Underwriters Association. He is also a past president of the Thunder Bay Chamber of Commerce, the Northern Ontario Association of Chambers of Commerce (NOACC), and the Fort William Rotary Club. Jim and his wife Lenore are retired and enjoy golfing, curling, and traveling.