In 1963 Michael Babyak Jr. founded Precision Financial Services, Inc, an insurance agency providing estate planning and financial management for families and businesses. In 1986, he joined Linsco Private Ledger, now LPL Financial, as a wealth advisor, allowing him to provide investment services to his clients up until his retirement in 2007. For nearly 50 years, Mike set Precision Financial’s standards by developing long-standing relationships based on sound advice, and exceptional service.
In 1992, Michael Babyak Jr. II joined his father at Precision Financial. Michael set out to expand the capabilities of the firm by developing an asset-management team. By 2000, asset management had become the core of Precision’s business.
In 2006, ownership transitioned to the next generation as Michael acquired the company from his father. Michael, along with David Vollmer, our Chief Operating Officer, formed PFS Partners, LLC, a Registered Investment Advisor, in 2008. Together they have built a specialized team of financial professionals including research coordinators, insurance professionals, retirement plan specialists, wealth advisors and pension counsel.
For more than half a century we’ve maintained our commitment to be your trusted counsel while helping you to pursue your financial objectives with sound advice and exceptional service.