Meet The Tallsalt Team

  Steve Gundersen

Mr. Gundersen is a financial and investment adviser to companies, non-profit organizations and Native American tribes. His 23 years of business experience includes mergers and acquisitions, investment management and corporate finance across a wide range of industries, including energy (oil & gas, power generation), advertising & marketing, consumer products, real estate, healthcare, retail, manufacturing, entertainment, interactive media, insurance, financial services, business services and computer software, among others. Mr. Gundersen presently works with several Native American nations on energy policy development, mineral extraction (coal & aggregate mining), and oil and gas projects (production, oil field infrastructure, pipelines & refining), government contracting, investment management (endowment & scholarship funds) as well as retail development projects.

During his career he has worked as an analyst, investment banker and in-house financial advisor for corporate financings, acquisitions, joint ventures and investments. He has worked on over 100 transactions with an aggregate value exceeding $1.5 billion in the United States, Europe and Asia.

He received his bachelor degree in business administration from the University of Washington in Seattle and his MBA from the Marshall School of Business at the University of Southern California. Mr. Gundersen, who is a member of the Navajo Nation, also served eight years in the United States Marine Corps Reserve.

  • Navajo Transitional Energy Company, LLC (NTEC), Chairman.
  • Native American Connections, Inc. (NAC), Board Member.
  • American Indian Chamber of Commerce of Arizona (AICCAz), Board Member.
  • Testified before the Commission on Trust Administration and Reform (Cobell v. Salazar)

Delmar Blackhorse

Mr. Blackhorse is a Financial Analyst at Tallsalt Advisors. He is responsible for coordinating economic research and analysis for projects relevant to client’s specifications and scope of project. Mr. Blackhorse specializes in economic research and data analysis of U.S. and global economic conditions. He also has experience in analyzing and monitoring oil and gas production data for tribal interests.

Mr. Blackhorse has a background in tribal policy. He has worked for the Navajo Nation Office of Legislative Services and had coursework in Federal Indian Policy while attending college. While working for the Navajo Nation he worked directly with the Budget and Finance Committee and performed research and data analysis for the program director.

Mr. Blackhorse received his Bachelor of Science degree in Economics with a minor in Recreational Management from Arizona State University in Tempe (2014). He also received his Bachelor of Science degree in American Indian Studies from Arizona State University (2014). While at Arizona State University, Mr. Blackhorse served two terms as President of the Native American Business Organization (NABO). The NABO is a student organization associated with the W.P. Carey School of Business at ASU. The NABO focuses on student retention and community outreach.  He is an enrolled member of the Navajo Nation.


Nicholas X. Taylor

Mr. Taylor is a Registered Investment Advisor Representative at Tallsalt Advisors with his focus in corporate finance activities. He specializes in financial analysis of energy and real estate development projects such as oil and gas production and refining, renewable energy, mining, litigation support and retail. His work enables Tribal clients to make investment, financing and development decisions guided by solid investment theory, financial analytics and market intelligence.

Previously Mr. Taylor worked in the non-profit industry with AmeriCorps VISTA, managing youth programs for non-profit entities serving communities in southern Arizona, before transitioning to the finance industry. Mr. Taylor is President of Dine’ Naat’aanii Community Development, an organization that facilitates community development among Navajo college students by organizing and engaging them in various community projects on the Navajo Nation.

Mr. Taylor holds a Bachelor of Science degree in Regional Development and his Master of Business Administration degree from the University of Arizona. He is an enrolled member of the Navajo Nation.