Malcolm A. Makin, CFP® is President of Professional Planning Group, an independent Registered Investment Advisor, which he founded in 1976. Through their affiliation with Raymond James Financial Services, the professionals at PPG provide a variety of comprehensive wealth management services to individuals, families, businesses, foundations and endowments. Mal earned his Certified Financial Planner™ certification in 1981. He is regarded as one of the early leaders in the financial planning movement and remains committed to the CFP® marks as the certification of choice for financial advisors. He has served on both state and national boards related to the Financial Planning industry including the Board of Directors of the Institute of Certified Financial Planners, the Board of Governors of the Certified Financial Planner™ Board of Standards and the Financial Planning Association of Rhode Island. From 1987-1993, he served on the National Board of Ethics and Professional Responsibility for Certified Financial Planners™ of which he was Chairman for three years. Mal is the author and instructor for a CFP Board approved two hour CFP continuing education program entitled, "CPF Board Code of Ethics and Professional Responsibility". He will present this program to CFPs attending the Raymond James National Conference in Washington, DC in 2014.
He is a nationally recognized author, teacher and public speaker. Mal has been, and continues to be, recognized by a variety of organizations and publications for his expertise both as a professional and for the quality of his practice. In 2013, he was listed on the Financial Times inaugural list of the top 400 financial advisors in the United States. Mal is particularly proud to have been recognized by Barron's in 2014 as the number one Financial Advisor in Rhode Island for the sixth year in a row.*
PPG is a major supporter of a number of charitable organizations. He and his staff serve on the Boards of several non-profit organizations. Mal recently completed a two year term as President of the Ocean Community YMCA during which time the Y completed a 7.4 million dollar renovation of its facility in Westerly, RI. He currently serves on the Executive Committee. He also serves as Investment Advisor for Community 2000, a foundation which provides scholarships to worthy students. He provides funding for a specific Professional Planning Group scholarship that is given each year to a deserving student.
He has appeared on numerous television programs and is frequently quoted in a variety of nationally known publications. He is especially proud to have appeared on the cover of Financial Planning Magazine and to have a pencil drawing of his photo in The Wall Street Journal.
Mal is an avid golfer and fly fisherman. He is past President of the American Seniors Golf Association and competes in several national events each year. In June of 2012, he was a member of the ASGA Team that competed against the Japanese Seniors International team at Pinehurst, NC. The Americans were victorious on the golf course and both teams were victorious in furthering camaraderie and cultural understanding.
He is the proud father of four grown sons, three of whom are Financial Advisors with him at PPG helping to create a family team of wealth advisors well-positioned to take PPG and its clients confidently into the future.
He is a realist. He is an optimist. His glass is always half full...never half empty. He believes that knowledge, experience, independence, trust and transparency are the keys to a successful client/advisor relationship. He is a great listener. He is a proud grandfather of six talented and loving children. He resides in Charlestown, RI with his wife Martha and Reddington and Annabelle, their beloved Portuguese Water Dogs.
*The "FT400" list reflected each advisor's performance in six primary areas; assets under management, asset growth, compliance record, experience, credentials and accessibility. Factors included in Barron's ranking are assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
Kathleen A. Nealon, CPA is Chief Financial Officer of Professional Planning Group, and joined the firm in 1997. Kathy is responsible for the financial health of our company day to day. She has been an accountant for more than thirty years and has a level of expertise in taxation and accounting which is beneficial to our firm and our clients. Kathy is a member of Professional Planning Group’s Executive Committee and Compliance Committee. She was previously a Manager at Sansiveri, Kimball & Company, a local CPA firm.
In addition to being a CPA, Kathy is also a Series 7 Raymond James registered representative. She is a member of the American Institute of Certified Public Accountants (AICPA) and the Rhode Island Society of CPA's. She is currently serving as Treasurer of the Dennis Nabb Memorial Foundation. She is on the Board of Directors and a member of the Audit and Trust Committees of the Savings Institute Bank & Trust. Kathy is also involved as a volunteer at her church in Narragansett. Previously, she served at the Adult Day Center of Westerly for twelve years, first as a Board member and later as Treasurer. She also served on the Board of Directors of the Westerly-Pawcatuck Chamber of Commerce.
Kathy received her Bachelor of Science in Business Administration (Highest Distinction) with a concentration in accounting from the University of Rhode Island. She resides in North Kingstown, RI with her husband, John. They are the parents of three grown daughters and have two granddaughters.
Accounting and Tax preparation services are not affiliated with Raymond James Financial Services, Inc.
The Advisory Team
Michael T. Ryan CFP®, of Westerly has been a Certified Financial Planner™ practitioner with the Professional Planning Group since 1987. Mike brings to his practice the analytical skills he developed while earning his Ph.D. at the University of Connecticut (1980) in Educational Psychology with a focus on Measurement and Evaluation. A proponent of Modern Portfolio Theory, Mike works with investment clients to develop portfolios that attempt to maximize investment returns for the level of risk with which each client is comfortable. Mike’s strength lies in his ability to educate clients. He is able to take seemingly complex investment concepts and communicate them to clients in an easily understood manner.
Outside of his practice Mike is busy professionally. He is a member of the Financial Planning Association as well as a current member and former President of the Rhode Island Society of the Financial Planning Association. On a national level, Mike served three years as a member of the IBCFP’s Board of Standards. His published research during that time won the CFP Board Research Article award in 2004.
Mike served the international financial community for five years during which time he helped CFP® affiliates attain their certification in Europe, Asia, Africa, and South America.
For over ten years, Mike was a featured guest on the morning television broadcast of local NBC affiliate, WJAR.
Locally, Mike served as president of the Memorial and Library Association of Westerly – that role led to him being chosen as the Rhode Island Library Trustee of the Year; Treasurer of the Katie Decubellis Memorial Foundation; Trustee of the Westerly Land Trust; board member of the Westerly Pawcatuck Downtown Task Force; Co-founder and board member of the Westerly Surf School and advisor to the Academy of Finance at the Westerly High School. He resides in Westerly.
Peter C. Wallace has over 18 years of experience in the Financial Services Industry. He joined Professional Planning Group as a Financial Advisor in 1998. Peter’s responsibilities include working directly with Malcolm A. Makin, CFP® and other members of the team in areas of financial planning, investment management, research, retirement planning services and long term care planning. Peter helps clients create and manage wealth, preserve assets, create predictable income streams in retirement and plan for legacy distributions.
Prior to joining Professional Planning Group in 1998, Peter worked for Boston-Based MFS Investment Management. His responsibilities included marketing and servicing their mutual funds and annuity products. An additional two years were devoted to the MFS Retirement Plans Department were he assisted businesses of all sizes in designing and implementing retirement plans.
A graduate of Hartwick College, with a B.A. in Human Resources Management, Peter holds his series 7, 63, and 65 Licenses.
Peter volunteers as a Board Member for Adult Day Center of Westerly. He lives in Essex, CT with his wife Katrina and their daughter Lauren. Katrina maintains a successful dental practice in Essex. Peter enjoys golf, kayaking, paddle tennis and spending time with his family.
Daniel M. Makin, CFP® joined Professional Planning Group in 2000. He achieved his Certified Financial Planner™ certification in 2003. He is a Raymond James Financial Advisor at the firm and works with his father and brothers to assist clients through the retirement process and throughout their life times. Daniel is one of the primary compliance officers for Professional Planning Group and a member of the Executive, Compliance and Investment Committees.
Daniel has done consulting work for the Practice Management Division of Russell Investment Group. The FundFire Survey listed Russell as the top manager due diligence firm for 2009. Prior to joining Professional Planning Group, He worked at the Mashantucket Pequot Gaming Enterprise. He was a manager and supervised department operations. Prior to that he worked at the Washington Trust Company.
Daniel received his BA degree from Alfred University in 1991 with a dual emphasis in management and finance. He holds his Series 7, 24, 51, 63, and 65 licenses and is a Raymond James Registered Principal. He has also been a contributor to Newsline, a local NEARI publication for educators.
Daniel volunteers his time at Wood River Health Services. He serves as the Vice President of the Board of Directors and is on the Finance Committee. He also volunteers at the Okinawan Karate Institute teaching karate to children. He is an avid outdoorsman and enjoys time on the water with his children.
Christopher G. Wallace, CFA is a financial advisor and investments analyst for Professional Planning Group. In this role, he works directly with clients to establish and implement portfolio strategies based upon individual client objectives. Chris also assists in establishing the firm’s investment strategy and policy.
Prior to joining Professional Planning Group, Chris was a vice president and portfolio manager with Mellon Financial Corporation’s Private Wealth Management group where he managed $150 million in client assets and provided investment management and trust services to high net worth individuals, corporations, foundations and endowments.
Chris has 24 years experience in investment services. He holds a BA degree with honors distinction in economics from Hobart College. He is a graduate of the New England School of Banking’s trust and estate planning program at Williams College and is a member of CFA Institute and the Boston Security Analysts Society (BSAS). Chris holds his Series 7 and 63 licenses and is a Raymond James Financial Advisor. He currently serves on the Finance and Investment Committees of the Memorial and Library Association of Westerly. He also served on the Board of Trustees from 2005 - 2014 and is a former member of the Professional Advisory Group at South County Hospital.
Chris has been a contributor to TheStreet.com, a well-known financial web site and publisher of investment information. He was also quoted in The Journal Report, a monthly section of The Wall Street Journal, on mutual fund investing.
Garrett P. Babij has a broad background in the investment management industry with extensive experience in portfolio management, derivatives, and equity research. He joined Professional Planning Group as a Financial Advisor in 2013.
Prior to joining Professional Planning Group, Garrett served as a Portfolio Manager at Hilo Capital, a New York-based long/short equity hedge fund, which he founded in 2009. Prior to founding Hilo Capital, Garrett spent 2 years as the Director of Equity Strategies at Meadowvale Advisors, where he focused on equity research and derivative trading. Garrett spent the first 9 years of his career at Brown Brothers Harriman in New York, where he served in a variety of research and portfolio management roles. While at Brown Brothers Harriman, he won the Igor Stravinsky award for "excellence and innovation within investment management." Awarded by Brown Brothers in 2001 for his work in the development of a particular hedging strategy used by the firm.
Garrett received his BS degree from Villanova University in 1998, where he majored in Finance. He holds his Series 7 and 66 licenses and is a Raymond James Financial Advisor. Garrett enjoys tennis, golf and spending time with his family.
Client and Administrative Services
Eileen M. Esposito earned her MBA from the University of Rhode Island in 1991. Eileen began her investment career in 1989 as a coordinator for international finance conferences hosted by the Pacific Basin Capital Markets Research Center and the University of Rhode Island in Thailand, Korea, Hong Kong and Malaysia. In 1994, Eileen joined Dean Witter as an Account Executive working with individual investors, businesses and organizations to analyze their financial needs and identify appropriate investments to meet their goals. In 1996, Eileen joined Professional Planning Group as a Raymond James Financial Advisor. She works closely with the other Advisors to meet individual client needs and monitor portfolio allocation and performance. She is professionally trained and licensed in insurance products and holds her Series 7, 63, 65 and Rhode Island insurance licenses.
Lee-Ann Kozora joined Professional Planning Group in 1990. She is a compliance officer with the firm and a registered representative with Raymond James Financial Services. She assists senior management in implementing compliance programs for both broker/dealer regulatory compliance (FINRA) and registered investment advisor compliance (SEC). In addition she plays an essential role in assisting advisors and clients with portfolio management. Ms. Kozora has over 20 years experience in the financial industry and developed her career primarily in the areas of compliance management and client services. She holds Series 7 and 63 licenses and is also a Notary Public in the state of Rhode Island.
Jennifer L. Redmond of Wakefield, RI, joined Professional Planning Group in 1995. She oversees operations and is a Series 7 Raymond James registered representative. She has 16 years experience in the field. In addition to her oversight role, Jennifer assists clients in all facets of account relations such as buying and selling securities, retirement account (401K) transfers, stock, bond and mutual fund research, insurance, estate planning and margin and options trading.
Our Support Staff consists of Melissa Silva, Diane Nicol, Jonathan Makin, Nadine Lariviere, Lori Wycall and Margaret Brady. Their responsibilities at Professional Planning Group consist of general client services such as account distributions, client confirmations, and quarterly mailings and reports. They also prepare cost basis information and answer general questions for clients. In addition, the administrative staff ensures that our database information is up to date and properly maintained.
(1) The Research Magazine’s “The Winner’s Circle, The Top Ranked Advisor Teams in America” based the accolades on qualitative criteria, including: managing partners with a minimum of seven years financial services experience, and other weighted criteria ranging from productivity per partner, credentials, acceptable compliance records and wealth management focus to client satisfaction reports and other data that firms provide. Teams are quantitatively ranked based on an algorithm that weights varying types of revenues, and custodial and non-custodial assets advised by the financial professional, with weightings associated for asset types. The ranking does not consider client portfolio performance.