How to Keep More of Your Money This Tax Season

It’s one of the most important – and one of the most dreaded – times of the year: Tax season can be stressful and complicated for anyone; for entrepreneurs, it tends to be even more so. And you’re not alone: Some 40% of business owners name tax preparation as the worst part of owning a business. But with the right …

Balancing Your Work and Personal Life

“Work/life balance” – the magical catchphrase that, for many professionals, seems more like an urban legend than an actual, attainable goal. Over the years, I have observed that the quest for such equilibrium is often even more of a challenge for the highly successful entrepreneurial types. Their work tends to be more all-consuming and less cut and dry than that …

PagnatoKarp has been named one of 2015’s Best Places to Work in Virginia

I am honored and humbled that Pagnato Karp has been named one of 2015’s Best Places to Work in Virginia. We pledge a deep commitment to creating a company culture that embraces customer-centricity, creativity, and a transparent desire to make positive industrial and social changes. Our vision could not come to fruition and flourish without two crucial players: our clients …

Selling Your Business

An individual or family is considered an “ultra-high net worth” client if they have investable assets of $10 million or more. The distinction between a “high net worth” client and an “ultra-high net worth” client is important because once a client has investable assets of $10 million or higher, their financial planning needs change and expand.

Fail Fast

We learn from an early age to avoid failure at any cost. The thought of bringing home a report card with a big, fat “F” on it will have any school-aged kid shaking in their boots. Corporate executives and government officials often become embroiled in cover-up scandals because their other option – admission of failure – equates to career suicide.

What is Your Legacy

Legacy is not about what we leave at the end of our lives, but how we choose to live every moment of our lives. In this sense, planning is not about leaving a legacy, but about living our legacy. It is about reaching our human potential and intentionally making a positive imprint on the world each day of our lives.

Blue is the New Green: Blue Zones Principles in the Workplace

These days, everywhere you look, individuals, businesses, and communities are “going green.” – but should they be “going blue?” “Blue Zones” refers to Dan Buettner’s best-selling book of the same name, in which Buettner details the commanalities among five communities (“Blue Zones”) throughout the world where people live until age 100 about 10 times more frequently on average than in …

Always Place Your Clients’ Best Interests First

One of our core principles since the day we founded our company is, “always place the clients’ best interest first” – not only is this instilled in every aspect of our company, but as a fiduciary, we are legally bound to adhere to this principle of our clients. As Martha Rogers and Don Peppers explain in their book, Return on …

Startup Success? Timing.

On the road to launching and growing a startup company, potholes and opportunity for failure lurk around every corner. With enough knowledge and planning, dangers such as ineffective business models, poor execution, and insufficient funding can quickly be spotted and revised before they lead to serious problems. Others, and particularly proper timing, are far less visible yet far more likely …

Cultivating Creativity in Company Culture

Innovation is the lifeblood of successful business, and creativity is its beating heart. The importance of creativity in organizational culture cannot be overstated. A company that actively promotes curiosity and creative discovery will attract a far superior talent pool than one which operates on strict adherence to previously-established (read: outdated) formulaic procedures. Additionally, a culture of possibility is a powerful …

The Importance of Entrepreneurs

Entrepreneurs are one of the single most important reasons our country has prospered since it’s founding in 1776 – they have changed the way we communicate, live and work. While creating jobs, opportunities and the foundation for a prosperous community, entrepreneurs have proven to be vital to the future of our economy. Their forward thinking mentality has changed the way …

Transparency – An Essential Core Value for any Company

This week let’s all focus on one of the most important core values for any company – “Transparency”. What makes PagnatoKarp different and unique from every other financial advisor and firm is the level of transparency we provide our clients, colleagues and the market place. No doubt, we can and will get better at articulating our transparency. The clearer we …