Wealth Management and Family Office Services are provided by PagnatoKarp Partners, LLC (“PagnatoKarp”), a SEC registered investment adviser. Registration with the SEC does not imply any certain level of skill or training. Investment products and services offered by or through PagnatoKarp are not insured by the FDIC or any federal or state governmental agency, are not deposits or other obligations of, or guaranteed by any banking institution and may be subject to investment risks, including the possible loss of principal value or amount invested. Past performance does not guarantee future results. Investors should consult with their advisors as to the appropriateness of investing in any strategy. PagnatoKarp does not custody assets; we use 3rd party custodians.
Tax Preparation Services are provided by Pagnato Karp Tax Services, LLC (“PKTS”). PKTS is owned entirely by PagnatoKarp and employees who provide tax preparation services for PKTS are also employees of PagnatoKarp. Legal services for estate planning, including but not limited to preparation of trusts and wills, are prepared by Wayne Alan Cooper, Attorney-at-Law (“Cooper”) an unaffiliated law firm that PagnatoKarp has retained for these services. Cooper is also an employee of PagnatoKarp.
Assets Under Advisement (AUA) over $3.5B as of 12/31/17. AUA = Assets under advisement refers to assets on which the firm provides advice or consultation but for which the firm either has discretionary authority or does not arrange or effectuate the transaction.
Rankings and Awards:
Third party rankings and recognition are based on information solely prepared and/or submitted by the adviser. Ratings should not be construed as an endorsement of the adviser by any client, nor are they a representation of any one client’s experience with the adviser. Working with a highly rated adviser does not ensure that a client will experience a higher level of performance or future success nor does it indicate that an advisor has attained a particular level of skill or ability. Rankings are provided for informational purposes only and should not be used as the sole basis for engaging PagnatoKarp for advisory services. Please refer to the more thorough disclosure and additional information about the criteria used in making these rankings via the website of the publication and/or organization granting such recognition.
Barron’s: Barron’s Top 100 Advisor list and Top 100 Independent Wealth Advisor rankings list is based on the value of assets under management by the advisor and their teams, revenue generated for the advisor’s firms and the quality of advisors’ practices. The scoring system assigns a top score of 100 and rates the rest by comparing them with the top-ranked advisor. According to Barron’s, “The formula used to rank advisors has three major components: assets managed, revenue produced and quality of the advisor’s practice. Investment returns are not a component of the rankings because an advisor’s returns are dictated largely by each client’s risk tolerance. The quality-of-practice component includes an evaluation of each advisor’s regulatory record.” The rankings are based on the universe of applications submitted to Barron’s. The selection process begins with a nomination and application provided to Barron’s. Principals of PagnatoKarp self-nominated the firm and submitted quantitative and qualitative information to Barron’s as requested. Barron’s reviewed and considered this information, which resulted in the rankings.
Family Wealth Report: Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards are designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2017’. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics.
Financial Advisor Magazine: To be eligible, firms must be independent registered investment advisors and file their own ADV statement with the SEC, and provide financial planning and related services to individual clients. Firms complete and submit a survey on their firm’s behalf and each is represented in the final survey ranking. The annual ranking is based on the previous year’s assets for discretionary and nondiscretionary assets reported on Form ADV.
Financial Times: For RIAs to qualify for the FT 300, the Financial Times considered advisor AUM that had to be $300 million or more, asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. Neither the RIA firms nor their employees pay a fee to The Financial Times for inclusion in the FT 300.
Forbes Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes or SHOOK receive a fee in exchange for rankings.
Forbes: Developed by Shook Research, the 200-member ranking is based on overall quality of practice and an algorithm of qualitative and quantitative data received in nominations from over 11,000 professionals in the financial services industry, including banks, brokerages, custodians, insurance companies, clearing houses and registered investment advisers. Criteria includes client retention, industry experience, review of compliance records, firm nominations; as well as assets under management and revenue generated for their firms. Advisors must have a minimum of seven years of experience to be considered.
Forbes: America’s Top Next Generation Wealth Advisors, SHOOK Research considered advisors born in 1980 or later with a minimum 4 years relevant experience. Advisors have built their own practices and lead their teams; joined teams and are viewed as future leadership; or a combination of both. Ranking algorithm is based on qualitative measures derived from telephone and in-person interviews and surveys: service models, investing process, client retention, industry experience, review of compliance records, firm nominations, etc.; and quantitative criteria, such as assets under management and revenue generated for their firms. Investment performance is not a criteria because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC. Neither SHOOK nor Forbes receives compensation from the advisors or their firms in exchange for placement on a ranking. For more information see www.SHOOKresearch.com.
Northern Virginia Magazine: The Top Financial Professionals listing is created from survey votes by peers in the financial industry from the following categories: broker, financial planner, insurance adviser, investment adviser and tax accountant.
ThinkAdvisor: Candidates who pass the rigorous screens have served a minimum of 20 years in the industry, have acquired substantial assets under management, have demonstrated superior client service and have earned recognition from their peers and the broader community for the honor they reflect on their profession.
Virginia BPTW: Companies from across the state participate in a two-part survey process to determine the 100 Best Places to Work in Virginia. Part one examines each entrant company’s workplace policies, practices, benefits and demographics. Part two consists of an employee engagement and satisfaction survey. The combined scores from parts one and two determine the top companies. Best Companies Group manages the overall registration, evaluation and selection process.
Washingtonian: Survey of hundreds of area financial professionals. Fee-only advisors include certified financial planners who do not accept commissions or referral fees.
Washington Business Journal: Rankings were determined by Omaha, Nebraska-based Quantum Workplace and are based on each company’s score on an employee engagement survey. To qualify for the small company category, firms must have between 10 and 24 local employees in the Washington region. Quantum queries, evaluates and scores participating companies in categories ranging from team effectiveness, trust in senior leadership and alignment with company goals.