Five Star award winner Lisa Picillo, MBA,CFP®

PROFESSIONAL PROFILE

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Lisa Picillo, MBA,CFP^®

Financial Advisor

Spinnaker Asset Management, Inc.

250A Centerville Rd Suite 2

Warwick, RI 02886

Office: 401-884-3210

Cell: 401-527-0484

lpicillo@spinam.com
https://www.spinnakerassetmgt.com/

Professional Approach

Lisa has over 25 years of experience in the financial services industry, inclusive of both banking and investments. She works with individuals, families and small business owners to help them take the complexities out of their finances. Lisa understands that clients have different lifestyles, priorities, values and goals. Working with clients, her focus is to create a strategic comprehensive financial plan that helps them meet the goals they wish to achieve. She joined Spinnaker Asset Management in November 2019 as a Financial Advisor and in April of 2021, she became a CERTIFIED FINANCIAL PLANNER™.

Lisa began her career in financial services at Fleet Bank as a retail customer service representative in 1998. In 2004, after the Fleet and Bank of America merger, she continued her career with Bank of America and took on other roles including consumer loans, technical support, branch support and business analyst. In 2007, while expecting her twin girls, Lisa had the opportunity to obtain her Series 7. Upon obtaining her license she began a position as an investment advisor representative with Banc of America Investments. Shortly after the birth of her daughters, Lisa accepted a position as a trader at Fidelity Investments. She held the role for 2 years before transitioning to a Client Manager within the Institutional Wealth Management Group, which she held until 2018. Lisa spent one year as a Financial Advisor at Merrill Lynch before joining Spinnaker.

She graduated from Rhode Island College in 1998 with a Bachelor’s in Communications and earned a Master’s degree in Business Administration from Bryant University in March of 2024.

In addition to holding a series 7, she holds series 66 and RI life & Health.

Lisa is married with 3 children and lives in North Smithfield, RI.

See Accomplishments

This award was issued on 12/01/2024 by Five Star Professional (FSP) for the time period 02/13/2024 through 08/30/2024. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 791 Rhode Island-area wealth managers were considered for the award; 110 (14 % of candidates) were named 2025 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2024: 703, 120, 17%, 12/1/23, 2/13/23 - 8/31/23; 2023: 637, 136, 21%, 12/1/22, 3/28/22 - 10/1/22; 2022: 648, 130, 20%, 12/1/21, 3/29/21 - 10/1/21; 2021: 624, 151, 24%, 11/1/21, 2/8/21 - 9/10/21; 2020: 614, 132, 21%, 11/1/20, 3/2/20 - 9/25/20; 2019: 568, 131, 23%, 11/1/19, 2/25/19 - 10/7/19; 2018: 545, 131, 24%, 11/1/18, 3/16/18 - 10/4/18; 2017: 476, 189, 40%, 11/1/16, 0316/16 - 11/1/16; 2016: 495, 173, 35%, 10/1/16, 5/6/16 - 10/4/16; 2015: 637, 194, 30%, 12/1/15, 5/6/15 - 9/30/15; 2014: 677, 204, 30%, 11/1/14, 5/6/13 - 9/30/13; 2013: 553, 185, 33%, 10/1/13, 5/6/12 - 9/30/12; 2012: 287, 111, 39%, 11/1/12, 5/6/11 - 9/30/11.

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Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.

Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria - considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com.