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March 2023 Investment Committee Market Broadcast


Understanding Financial Regulation – The Origins of the Basel Accords


Michael Babyak Jr. II

As President of Precision Financial Services, Inc., Michael Babyak Jr. II, has worked within the industry for over 25 years. Michael is committed to evolving and growing the firm with enhanced services and technology. His genuine passion to provide each client with consistently outstanding experience is paramount to the mission of the organization. The values instilled in Michael while obtaining his Bachelor’s Degree in Accounting at The Military College of Vermont, Norwich University, are demonstrated by his continued service to his community, both professionally and personally having served as a Boards of Adjustments member, board member of the North West Jersey Association of Life Underwriters, and class agent for Norwich University.


David Vollmer, CFA

David Vollmer brings comprehensive financial knowledge and experience to his leadership role as Chief Operating Officer and Managing Partner of Precision Financial. David is a CFA Charterholder and member of the CFA Institute. In 2007 David became a Managing Partner of PFS Partners, LLC.

Prior to working for the firm, David was a trader at Carlin Securities Group on Wall Street where some of his responsibilities included training and managing foreign traders in US markets. To broaden his expertise, he spent several years traveling to China to complete ventures for well-known firms and individuals.



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