PFS News

Mine Hill Township, NJ (June 7, 2019) – Precision Financial Services, Inc. is honored to support Norwich University as they celebrate a major milestone in the school’s history. PFS is a co-sponsor of the Norwich University New York Bicentennial Gala. The Gala is part of a yearlong schedule of special events, occurring throughout the nation, to recognize the 200th anniversary of the oldest private military college in the United States.

“Norwich University is in a small circle of American universities that have achieved the 200-year milestone. Norwich has had a profound affect on my life, and I’ve watched how Norwich alumni have continually worked to make our country a better and safer place. I’ve supported Norwich over the years, not only as a donor, but also as a Class Agent and Member of the Board of Fellows. I was honored to be asked to be a member of the committee to help celebrate Norwich’s 200th Anniversary.” – Michael Babyak, Jr. II

The New York Bicentennial Gala will take place Friday, June 7^th on the Intrepid Sea, Air & Space Museum in NYC. Cocktails begin at 7:00pm with dinner to follow at 8:30pm. LtGen John J. Broadmeadow USMC, NU’83 is the distinguished guest speaker. LtGen Broadmeadow has had a remarkable career in the Marine Corps, and currently serves as the deputy commander, U.S. Transportation Command.

Learn more about the Norwich University New York Bicentennial Gala and the 200th Anniversary special events.

Mine Hill Township, NJ (June 3, 2019) – Honoring the memory of a highly decorated combat veteran, Chief Special Warfare Operator (SEAL) Brian Bill, the 2019 Brian R. Bill Memorial Golf Tournament will take place Monday, June 3, 2019 at Woodway Country Club in Darien, CT. A Stamford, CT native, Bill was a 2001 graduate of Norwich University whose childhood dream was to become a SEAL. He went on to achieve that dream, and garnered numerous awards during his distinguished career, including the Bronze Star Medal with Valor and Purple Heart Medal. Precision Financial Services, Inc. is enormously proud to honor this American Hero, and support the scholarship in his name, by co-sponsoring the tournament.

“Brian Bill inspired us all and this event is to support those, like Brian, who make sacrifices for the welfare of others. The scholarship fund was created to support those who want to become Special Operators, and those already deployed who wish to further their education. We want to ensure that these amazing people have access to the education necessary to support themselves and their families.” – Michael Babyak, Jr. II

In addition to a great day of golf on a beautiful course, participants will enjoy an amazing evening featuring a delicious dinner, lively auction, and special guest speaker ADM William McRaven. A retired U.S. Navy Four-Star admiral and the former Chancellor of the University of Texas System, Admiral McRaven is a recognized national authority on U.S. foreign policy and has advised Presidents George W. Bush and Barack Obama, as well as other U.S. leaders, on defense issues. He currently serves on the Council on Foreign Relations (CFR) and the National Football Foundation.

Precision Financial Services thanks all those who wish to participate in the tournament and contribute to this worthy cause. Visit Brian R. Bill Memorial Golf Tournament for further details.

Mine Hill Township, NJ (May 16, 2019) – Precision Financial Services, Inc. is proud to sponsor the first annual golf fundraiser to benefit the Morris Catholic High School girls’ basketball program. The program prides itself on building strong, competitive players through hard work and discipline. They had a successful 2018-2019 (18-9) season and were ranked 39 in the Final Top 50 teams in New Jersey as selected by NJ Advance Media’s girls’ basketball reporters.

“As a former high school athlete, I recognize how critical it is to support young student athletes as they grow and learn life’s lessons. Hard work, discipline, and perseverance are valuable traits that will serve them well through their college experience and beyond. Many of our team members here at Precision have daughters, and we see how important it is to foster the support of great coaches like Bill Lovett and his mentor, Bobby Hurley, Sr.” – David Vollmer, Chief Operating Officer

Golfers will gather at the East Orange Golf Course in Short Hills, NJ on May 20, 2019 to enjoy a full day of golf and raise funds to support the Crusaders. The day will kick off with a continental breakfast option beginning at 8:00am followed by registration at 11:00am and a shotgun scramble at 12:00pm. The evening’s dinner banquet features a live auction, prizes, and guest speaker Bobby Hurley, Sr. Coach Hurley coached for 39 years at St. Anthony High School in Jersey City. He led the basketball team to 26 state championships and more than 1,000 wins, producing over 150 full-scholarship players to D1 basketball programs.

Precision Financial Services thanks all those who wish to register, donate, or sponsor the event.

Michael Babyak Jr. II and Matthew LaFevre were invited to visit the New York Stock Exchange on March 7 where Michael participated in the Opening Bell celebrating Goldman Sachs’ and Motif’s ETF launch!

(April 2018) Boy Scouts of America, Patriots’ Path Council will be honoring local community members at the Boy Scouts of America 23rd Annual Morris County Lifetime Achievement Awards Dinner to be held on the evening of Thursday, April 19th at The Hanover Marriott in Whippany at 6:30 pm.

The event recognizes outstanding citizens for their community service, as evidenced by their leadership and interests within the Morris County community, and for their embodiment of the values of the century old Scout Oath and Law in their personal and professional lives. The event chair and master of ceremonies is Paul Boudreau, President, Morris County Chamber of Commerce.

Bruce D. Jones is the President of the Morristown Stake of The Church of Jesus Christ of Latter-Day Saints, serving over 2,500 members in northern, New Jersey. In the LDS church, he has served in many positions, including youth Sunday school teacher, Scoutmaster, Bishop’s counselor, president of priesthood quorums, and early-morning seminary teacher for high school students. From 2004 to 2006, Bruce and his wife, Jennifer took a sabbatical from the business to volunteer as missionaries. Bruce is the estate and insurance specialist at Precision Financial Services and the President of BJ Associates, an insurance agency founded in 1984. He serves as a member of the President’s Council of the Boy Scouts of America, Patriots’ Path Council.

Morris County is a part of the Patriots’ Path Council, Boy Scouts of America which serves 16,500 youth in over 400 Scouting units in communities like ours throughout Morris, Middlesex, Somerset, Sussex, and Union Counties.

Las Vegas, Nevada (February 2018) – Michael Babyak Jr. II, David Vollmer and Susan Walker attended Barron’s Top Advisory Team Summit, hosted by Barron’s magazine at the Aria Resort in Las Vegas, Nevada. The conference explored leadership within the wealth management industry as well as the latest trends and innovations.

Among the invitation-only guests were top industry experts, Financial Advisors and Investment Strategists in the nation.

This year’s conference was designed to bring together the best minds in the wealth management industry to collaborate on leadership practices, technology and business strategies for an ever-changing market. Attendees also participated in workshops focused on financial planning and investment strategies.
When asked about their experience from the conference Michael and David said “Events like this allow us to hear what is on the minds of our peers and industry leaders. This conference has reaffirmed the significant investments we have made in our team and in new technology that we believe will continue to add value for our clients.”

For more information about Barron’s conferences, please visit www.barrons.com

Participating firms included: Wells Fargo Advisors, Merrill Lynch Wealth Management, UBS Financial Services, UBS Private Wealth Management, Vanguard, Morgan Stanley Private Wealth Management, State Street Global Advisors, Ameriprise, American Funds, Invesco and Deutsche Asset Management.

November 2017 – The Retirement Advisor University is pleased to announce that Ethan W. Kraft is now credentialed as a Certified 401(k) Professional – and holds the C(k)P® Designation, which represents a distinguished achievement for the professional Retirement Plan Advisor.

The C(k)P® or Certified 401(k) Professional Designation is administered by The Retirement Advisor University in collaboration with UCLA Anderson School of Management Executive Education.
The C(k)P® Designation distinguishes financial professionals who have demonstrated the knowledge and experience-level to favorably impact the outcome of corporate retirement plans. Ethan W. Kraft is now authorized to use the C(k)P® Designation certification mark.

The C(k)P® Standards & Certification Committee establishes the standards for the Certified 401(k) Professional Designation. Holders of the C(k)P® Designation are expected to maintain a high degree of knowledge and ability in the following areas:
• Technical Competence
• Optimizing Plan Outcomes
• Business Management

To earn the right to use the C(k)P® Designation requires more than an academic aptitude. A financial professional is expected to demonstrate a real world application of the core competencies taught in the classroom.

October 2017 – Envestnet | Tamarac Wins for Best Client Portal at the 2017 Wealth Management Industry Awards.  Client portal receives top honors for delivering an engaging online experience that empowers advisors and clients.  Read more.

October 2017 – Michael Babyak, Jr. II has been named to the Board of Fellows for his Alma Mater, Norwich University.  Norwich is a private university located in Northfield, Vermont and has the honor of being the oldest private military college in the United States.

The Board of Fellows has been active and instrumental to the growth of the University since 1975.  The organization has a nomination process and is comprised of alumni and friends of Norwich University who are committed to the enrichment of its academic programs.