Donald E. Simmons, CFP

Donald E. Simmons, CFP


Don is a shareholder of Pinnacle Human Resources and serves as its CFO. Don is also the President of Simmons Capital Group, an independent registered investment advisory firm. For over 20 years Don has provided objective financial advice to his clients. Don currently oversees nearly $100 million of assets for his clients using a combination of no load and low load investments.

Don was born in 1963 and received his Bachelors of Science degree in 1985 with high honors from Geneva College, with concentrations in Computer Science and Counseling. Don began his financial planning career with IDS Financial Services in 1987. He continued his formal education through the College of Financial Planning and received the Certified Financial Planner (CFP) designation in 1991. Don was the manager of MONY's Albany office with responsibility for supervising a team of 18 financial advisors from 1989 -1994. In 1994 he established AIFG Capital Consultants, Ltd. to handle fee-based consulting for clients.

As an independent advisor Don provides objective advice to his clients since he does not represent any particular company. Instead he provides extensive research to find the most suitable investment products for his clients. Don holds the Series 7 and Series 63, and the Series 24 General Securities Principal licenses for securities with the NASD and holds licenses for life, accident, and health insurance as well as variable annuities through the NYS Insurance Commission.

Over the course of Don's career, he has provided guidance through more than two decades of changing economic conditions, both good and bad. He has guided his clients through Black Monday in 1987, the Savings and Loan Crisis, recessions in 1992, 2001 and 2008, the Corporate and Accounting scandals with companies like Enron and Arthur Anderson, the 9/11 Terrorist attacks and their aftermath, the real estate bubble of 2001-2007 and the global meltdown of 2008. Through it all, Don has provided a steady hand to help his clients navigate through the economic changes and meet their goals.

In 2006 Don was named in the Guide to America's Best Financial Planners by the Consumer Research Council of America and for the past 15 years has ranked in the top 10% of America's leading independent broker dealer, LPL Financial. Don has been a featured retirement speaker for many companies in the Albany, NY area including Empire Blue Cross, The Times Union, International Paper, the Veteran's Administration and Rensselaer Polytechnic Institute.

In addition to leading AIFG Consultants, Ltd, Don is active in a number of volunteer projects. For the past 8 years Don has served as Committee Chair for Young Life in the Capital District, a ministry he brought to the Capital District in 1985. Don has sat on the board of a number of local organizations including: Homes For All, Spa Christian School, and Northern NY Resources Corporation.

Recently, Don has taken on the role of Business Consultant and Mentor with IBEX International, a privately owned company which provides mezzanine level funding to small & medium sized business throughout central Asia. IBEX is headquartered in London. In his role with IBEX, Don is involved in the due diligence process of evaluating companies balance sheets, cash flow statements and business plans before recommending that IBEX makes loans to them for business expansion. In addition, he acts as both a mentor, and “partner” with the businesses, reviewing balance sheets and cash flow statements, quarterly Skype conferencing to discuss business and personal matters, and visiting the companies 1 – 2 times per year. He is currently mentoring a printing / publishing firm in Bishkek, Kyrgyzstan that employs 35, has revenues of approximately $800,000 US and who received a $300,000 US loan from IBEX. Over the past year Don has been involved in the due diligence process with several other companies in Istanbul, Turkey, Dushanbe, Tajikistan and Amman Jordan.

Don is married and has four children and resides in upstate New York. In his free time Don is a private pilot and loves flying his fully restored 1946 Aeronca Sedan seaplane.