Alexandria, VA #4591 Chapter Directors

Yihaies (Mike) Makonnen

Chapter President

Yihaies “Mike” Makonnen is President of Makonnen Financial Group, LLC a comprehensive investment planning firm based in Alexandria, Virginia. Mike provides investment planning services to individuals, pre-retirees, retirees, and small business owners.

 Mike, a native of Ethiopia, came to the United States of America in 1989 to further his education. He attended high school at Piney Woods Country Life School in Jackson, Mississippi. After graduating high school Mike continued his pursuit of education ultimately attending Howard University on a full academic scholarship and moving to the Washington, D.C. area. During college, Mike worked in sales representing such brands as Armani and Calvin Klein. It was at this time that he acknowledged his, often cited, abilities to communicate well and build relationships would serve as the foundation to support his passion to help others. 

After graduating from Howard University Mike began his pursuit of the entrepreneurial dream, eventually founding his own financial firm. The mission of Makonnen Financial Group, LLC is to help clients make smart choices with their money utilizing value-based, personalized, and custom-tailored investment planning specific to their goals, needs and dreams. Mike strongly believes in education and commits a great deal of his practice to helping others with setting goals and planning. He lives by the mantra that “those who fail to plan, plan to fail.”

Mike is a Branch Manager, Registered Representative and an Investment Advisor Representative with LPL Financial, Member FINRA & SIPC. He holds several securities registrations held with LPL Financial and insurance licenses in Virginia, Maryland, District of Columbia, Pennsylvania, New York, Massachuetts, Maine, Kentucky, North Carolina, South Carolina, Georgia, Mississippi, Florida, Illinois, Nebraska, Texas and California.

Mike holds the following licenses and registrations:

  • Life & Health,
  • LPL Investment Advisor Representative

And Designations:

  • Registered Financial Consultant (RFC®)
  • Certified Estate Planner (CEP®)
  • Chartered Federal Employee Benefit Consultant (ChFEBCSM)
  • Certification of Long Term Care (CLTC®)

Mike currently resides in the City of Alexandria, Virginia. He actively supports the community through service to others, including as a member of The LEAD Foundation - a nonprofit association providing programs and services to youth and young adults. In his spare time, Mike enjoys Bikram Yoga, public speaking, reading a good book and celebrating Manchester United’s victories.