New England Professional Planning Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, educational seminars, education planning, estate planning, insurance, and philanthropic planning. Financial planning was provided to 1,500 clients last fiscal year.
New England Professional Planning Group reports 1,292 clients. They include 903 individual clients, 378 high-net-worth individuals and 11 charitable organizations. Of its assets, 94.6% ($1.25B across 2,159 accounts) are managed with discretion; $71.3M across 236 accounts are not. A wrap fee program the firm both sponsors and manages holds $1.25B.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 27% |
| High-net-worth individuals | 29% | 72% |
| Charitable organizations | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 903 | $354M | 26.9% | $392K |
| High-net-worth individuals | 378 | $948M | 72.0% | $2.51M |
| Charitable organizations | 11 | $14.6M | 1.1% | $1.32M |
| Total | 1,292 | $1.32B | 100% | $1.02M |
- Clients
- 903
- Regulatory AUM
- $354M
- AUM share
- 26.9%
- Avg. per client
- $392K
- Clients
- 378
- Regulatory AUM
- $948M
- AUM share
- 72.0%
- Avg. per client
- $2.51M
- Clients
- 11
- Regulatory AUM
- $14.6M
- AUM share
- 1.1%
- Avg. per client
- $1.32M
Total
- Clients
- 1,292
- Regulatory AUM
- $1.32B
- AUM share
- 100%
- Avg. per client
- $1.02M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1500
New England Professional Planning Group charges 0.30%–1.00% a year for its Ambassador. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.00% |
| $500K–$5M | 0.75% |
| $5M–$15M | 0.50% |
| $15M–$25M | 0.40% |
| $25M and above | 0.30% |
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed in arrears: fixed fees range from $1,000 to $10,000, or hourly work is charged at $250 to $500 per hour.
Malcolm A. Makin Revocable Neppg Voting Shares Trust owns 75% or more of New England Professional Planning Group and is in turn owned by Malcolm Makin (75% or more). Malcolm Makin is CEO; the leadership team includes Chief Operating Officer Joanna Valentini. It has 16 employees, 9 of them in advisory roles.
Leadership
- Malcolm MakinPresident, Chief Executive Officer and Chief Compliance Officer
- Joanna ValentiniChief Operating Officer
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- David Gabriel Aballo
- Patrick Joseph Connelly
- Malcolm Alfred Makin
- Bryan David Pitney
- Andrea Michelle Spieth
- Christopher Gilman Wallace
- Peter Clegg Wallace
- Eric Matthew Wilson
- Todd Joseph Wokoske
Staff
- 16 employees
- 9 in advisory functions
- 9 state-registered reps
- 10 broker-dealer reps
- 7 insurance agents
- Owns 75% or more of New England Professional Planning Group Inc.
Malcolm A. Makin Revocable Neppg Voting Shares Trust
Control person · since December 2024
- Owns 75% or more of Malcolm A. Makin Revocable Neppg Voting Shares Trust
Malcolm Makin
Control person · since December 2024
- Owns 75% or more of New England Professional Planning Group Inc.
Malcolm A. Makin Revocable
Control person · since December 2024
New England Professional Planning Group’s regulatory assets grew from $972M (April 2021) to $1.32B (March 2026); clients were 1,292 in both filings and employees fell from 18 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.32B | 1,292 | 16 | 2 |
| March 2025 | $1.17B | 1,296 | 19 | 2 |
| March 2024 | $1.06B | 1,290 | 17 | 2 |
| March 2023 | $937M | 1,306 | 18 | 1 |
| July 2022 | $1.15B | 1,314 | 18 | 1 |
| April 2021 | $972M | 1,262 | 18 | 1 |
Besides its headquarters, New England Professional Planning Group has 1 office (1 private residence, listed without an address), with 1 listed address in Rhode Island.
Rhode Island · 1 listed address
- 9 Granite Street, WesterlyHQ
Contact and registration details
- Legal name
- New England Professional Planning Group Inc.
- Headquarters
- 9 Granite Street, Westerly, RI 02891
- Website
- ppgadvisors.com
- Phone
- 401-596-2800
- SEC file
- 801-15330
- Founded
- 1975
- Structure
- Rhode Island corporation
- Fiscal year end
- December
New England Professional Planning Group uses Raymond James ($855M, 65%) and Raymond James ($461M, 35%) as custodians for its separately managed accounts. New England Professional Planning Group does not have custody of client assets.
- Raymond JamesRaymond James Trust Company of NH · Portsmouth, NH · $855M65%
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $461M35%
At year end, New England Professional Planning Group’s separately managed accounts were mostly in funds (96%). Its reported 13F holdings for the quarter ended 30 June 2026 total $268M across 50 positions; the largest are iShares TR (35.5%), J P Morgan Exchange Traded F (23.5%) and iShares TR (19.3%).
What the accounts hold
- Stocks2%
- Funds96%
- Cash2%
Reported 13F holdings
- $268M
- Reported 13F value
- 50
- Positions
- 93.2%
- In the 10 largest
- +12.0%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF35.5%
- J P Morgan Exchange Traded F · Intrnl Res EQT23.5%
- iShares TR · Core S&P Mcp ETF19.3%
- iShares TR · Core S&P Scp ETF9.8%
- Raymond James Finl Inc.2.7%
- iShares TR · Core MSCI Total0.8%
- Apple Inc.0.5%
- Vanguard Intl Equity Index F · TT Wrld ST ETF0.4%
- Union Pac Corp.0.4%
- Vanguard Index Fds · Total Stk Mkt0.4%
Together, the ten largest are 93.2% of reported value.
How many clients does New England Professional Planning Group have?
New England Professional Planning Group has 1,292 clients and manages $1.32 billion for them, as of March 2026. They include 903 individual clients, 378 high-net-worth individuals and 11 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does New England Professional Planning Group offer?
New England Professional Planning Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, educational seminars, education planning, estate planning, insurance, and philanthropic planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does New England Professional Planning Group charge?
New England Professional Planning Group charges 0.30%–1.00% a year for its Ambassador. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Source: 03 26 2026 PPG FORM ADV PART 2A FINAL, filed 26 March 2026
Which custodians does New England Professional Planning Group use?
New England Professional Planning Group’s separately managed account assets are held at Raymond James Trust Company of NH (Portsmouth, NH), with $855M and Raymond James & Associates, Inc. (St. Petersburg, FL), with $461M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does New England Professional Planning Group have?
New England Professional Planning Group has 9 investment adviser representatives registered with state securities authorities, out of 16 employees, and 9 perform investment advisory functions. 10 employees are registered representatives of a broker-dealer and 7 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does New England Professional Planning Group invest in?
At the end of its last fiscal year, New England Professional Planning Group’s separately managed accounts held 96% registered funds (mutual funds, ETFs, BDCs), 2% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does New England Professional Planning Group have a minimum investment?
Yes, New England Professional Planning Group’s minimum account size for its Ambassador is $500K.
Source: 03 26 2026 PPG FORM ADV PART 2A FINAL, filed 26 March 2026
Who owns New England Professional Planning Group?
New England Professional Planning Group is owned through a trust by Malcolm Makin. Its direct owners are Malcolm A. Makin Revocable Neppg Voting Shares Trust (75% or more) and Malcolm A. Makin Revocable (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does New England Professional Planning Group get paid?
New England Professional Planning Group is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is New England Professional Planning Group registered with the SEC?
Yes, New England Professional Planning Group has been registered with the SEC as an investment adviser since 18 July 1980. Its CRD number is 108868 and its SEC file number is 801-15330.
Source: Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record
How do I contact New England Professional Planning Group?
New England Professional Planning Group’s main office is at 9 Granite Street, Westerly, RI 02891. Its phone number is 401-596-2800. Its website is ppgadvisors.com.