{
  "crd_number": 108868,
  "slug": "professional-planning-group-westerly-ri-108868",
  "primary_business_name": "PROFESSIONAL PLANNING GROUP",
  "legal_name": "NEW ENGLAND PROFESSIONAL PLANNING GROUP INC.",
  "dbas": [],
  "city": "Westerly",
  "state": "RI",
  "country": "United States",
  "cbsa_code": "39300",
  "metro": {
    "cbsa_code": "39300",
    "common_name": "Providence",
    "msa_name": "Providence-Warwick, RI-MA",
    "path": "/advisors/ri/providence"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1980-07-18",
  "years_registered": 46,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 1316426626.0,
  "raum_discretionary": 1245123267.0,
  "raum_non_discretionary": 71303359.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 16,
  "advisory_employees": 9,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 14561867.0,
      "count": 11
    },
    "individuals": {
      "raum": 353608461.0,
      "count": 903
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 948256298.0,
      "count": 378
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CT",
    "FL",
    "GA",
    "LA",
    "MA",
    "ME",
    "NC",
    "NH",
    "NY",
    "PA",
    "RI",
    "SC",
    "TN",
    "TX",
    "VA",
    "VT"
  ],
  "websites": [
    "https://ppgadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108868",
  "city_as_filed": "WESTERLY",
  "url": "https://advisorcensus.com/firm/professional-planning-group-westerly-ri-108868",
  "display_name": "Professional Planning Group",
  "summary": "Professional Planning Group is an SEC-registered investment advisory firm in Westerly, RI, registered since 1980, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Professional Planning Group (CRD 108868): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Professional Planning Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Professional Planning Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Professional Planning Group charge?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 states: Flat fee: $1,000 to $10,000 (Fixed fee engagements); Hourly rate: $250 to $500 an hour (Hourly fee engagements). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Professional Planning Group located?",
      "a": "Professional Planning Group's principal office is in Westerly, RI, according to its Form ADV."
    },
    {
      "q": "Is Professional Planning Group registered with the SEC or a state?",
      "a": "Professional Planning Group is an SEC-registered investment advisory firm, registered since 1980. Status as filed: Approved. CRD 108868."
    },
    {
      "q": "How much does Professional Planning Group manage?",
      "a": "Professional Planning Group reports $1,316,426,626 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (95% discretionary)."
    },
    {
      "q": "How have Professional Planning Group's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Professional Planning Group: Regulatory assets under management: $971,752,262 in the October 2021 data and $1,316,426,626 in the October 2026 data, up 35%. Total employees: 18 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Professional Planning Group serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (903); high net worth individuals (378); charitable organizations (11)."
    },
    {
      "q": "Which custodians does Professional Planning Group use?",
      "a": "Professional Planning Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. and Raymond James Trust Company of NH as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Professional Planning Group report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108868"
    },
    {
      "q": "Does Professional Planning Group state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 says: \"We require a minimum account of $500,000 for investment advisory services, although this may be negotiable under certain circumstances.\""
    },
    {
      "q": "What changed in Professional Planning Group's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $1,166,383,072 to $1,316,426,626 (+13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 971752262.0,
      "total_employees": 18,
      "filing_date": "2021-09-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1152732109.0,
      "total_employees": 18,
      "filing_date": "2022-07-18"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 937180405.0,
      "total_employees": 18,
      "filing_date": "2023-08-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1055252906.0,
      "total_employees": 17,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1166383072.0,
      "total_employees": 19,
      "filing_date": "2025-03-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1316426626.0,
      "total_employees": 16,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,166,383,072 to $1,316,426,626 (+13%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 26, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,000 to $10,000 (Fixed fee engagements)",
      "Hourly rate: $250 to $500 an hour (Hourly fee engagements)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "We require a minimum account of $500,000 for investment advisory services, although this may be negotiable under certain circumstances."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,000 to $10,000 (Fixed fee engagements)"
        ],
        "quotes": [
          "Fixed fee engagements range from $1,000 to $10,000 depending on the nature and complexity of the client’s circumstances, as well as the Firm advisor(s) involved in the planning process."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $250 to $500 an hour (Hourly fee engagements)"
        ],
        "quotes": [
          "Hourly fee engagements range from $250 to $500 per hour. An estimate for total hours is determined at the start of the advisory relationship and communicated to the client."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1000.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "Fixed fee engagements"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 250.0,
          "max": 500.0,
          "period": "hour",
          "service": "Hourly fee engagements"
        }
      ]
    },
    "quotes": [
      "We require a minimum account of $500,000 for investment advisory services, although this may be negotiable under certain circumstances.",
      "Fixed fee engagements range from $1,000 to $10,000 depending on the nature and complexity of the client’s circumstances, as well as the Firm advisor(s) involved in the planning process.",
      "Hourly fee engagements range from $250 to $500 per hour. An estimate for total hours is determined at the start of the advisory relationship and communicated to the client."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    },
    {
      "name": "Raymond James Trust Company of NH",
      "name_as_filed": "RAYMOND JAMES TRUST COMPANY OF NH",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/professional-planning-group-westerly-ri-108868.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 903,
      "fewer_than_5": false,
      "raum": 353608461.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 378,
      "fewer_than_5": false,
      "raum": 948256298.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 11,
      "fewer_than_5": false,
      "raum": 14561867.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108868",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}