How To Avoid Tax-Related Identity Fraud

Online and virtual identity theft are on the rise and this is the season to be extra vigilant. Most recently, the United States Postal Service (USPS) revealed that it had suffered a data breach. More than 800,000 employees were impacted in the scheme. CNN, citing a U.S. official familiar with the breach, says 2.9 million postal service customers were also …

Year-End Portfolio Moves To Make Even With This Week’s Market Rout

CNBC, by Lorie Konish, 12/6/18 KEY POINTS The Dow Jones Industrial Average dropped almost 800 points on Tuesday, and the selloff is continuing following a one-day trading hiatus. In addition to recalibrating your expectations when it comes to market swings, there are steps you can take now to make sure your portfolio is prepared to weather the ups and downs …

PagnatoKarp Named 2019 Best Places To Work In Virginia

PagnatoKarp is honored to be named a 2019 Best Places to Work in Virginia. The top 100 annual list is created by Virginia Business and Best Companies Group to identify, recognize and honor the best places of employment in Virginia, benefiting the state’s economy, workforce and businesses. With over $3.8 billion assets under advisement¹, PagnatoKarp is an independent wealth management …

IRS Estate Gift Tax Exemption

IRS Announces No Clawback of Gift Tax Exemption

By WealthManagement.com on 11/21/18 The Treasury and Internal Revenue Service issued proposed regulations stating that there will be no clawback of the use of any unified credit (gift tax exemption) before 2026 when the lifetime exemption will revert from $10 million to $5 million (both inflation adjusted). For those unfamiliar with these taxes, exemptions and how they’re calculated, Tax Notes offers …

Hand-in-Hand with Transparency

Longevity and Transparency: Hand-In-Hand

The exponential growth that characterizes these times is not limited to computing power and artificial intelligence. Indeed, one of the rapidly advancing fields that will benefit us all is the broadly-defined field of longevity. In 1900, the average American male had a life expectancy of only 47 years old. Today it is well over 80, and it’s climbing fast. The …

Is Trust Built from Transparency?

Transparency and Altruism: Keys to Business Success

The Dalai Lama tweeted on November 5, 2018: “Be honest, truthful, and altruistic. If you concern yourself with taking care of others, there’ll be no room for lies, bullying and cheating. If you’re truthful you can live transparently, which will enable you to establish trust, the basis for making friends.” Be honest, truthful, and altruistic. If you concern yourself with …

Is Transparency Driving a New Normal?

Transparency and Cash: The New Normal

Transparency is transforming “pay me back later” into a thing of the past. For years, if a group of friends wanted to split a restaurant tab and everyone at the table only carried big bills, the likely result was a series of verbal IOUs. Then the person who’d paid the bill would have to wait for their friends to either pick up the next …

Experiential Learning

Barron’s Subscription Gift Provides Financial Platform for George Mason University

In a new, unique three-way partnership, George Mason University School of Business faculty and students now have access to a top-notch financial platform, Barron’s, which provides 24/7 online access to industry content. The subscription sponsorship is a two-year gift from the Barron’s in Education Program from Dow Jones and Paul Pagnato, founder and CEO of PagnatoKarp, a local independent multi-family …

Forbes 2018 Top Wealth Advisors

Forbes Names Paul Pagnato to 2018 Top Wealth Advisors List

Paul A. Pagnato, founder and CEO at PagnatoKarp, has been ranked #35 on Forbes 2018 Top Wealth Advisors list. This is the third year in a row that Paul has earned a spot on the exclusive list of star advisors from national, regional and independent firms, together managing $733 billion in client assets. An industry thought-leader, Paul is sought after …

FAU and Barrons In Education

FAU First in Florida To Partner With Barron’s In Education

By James Hellegaard, October 4, 2018 Florida Atlantic University’s College of Business has announced a new partnership with Barron’s in Education program from Dow Jones. The program, funded by financial magazine Barron’s, is sponsored by wealth management firm PagnatoKarp, whose founder and CEO Paul A. Pagnato earned his bachelor’s degree from FAU’s College of Science in 1986. “Mr. Pagnato’s generosity supports our students and will help prepare them for …

Welcome Wayne Zell

PagnatoKarp Welcomes Wayne Zell To Its Executive Team As Chief Legal Officer

Wayne M. Zell joins PagnatoKarp as Chief Legal Officer, responsible for estate, tax and business succession planning for family office clients, and serves as in-house General Counsel for compliance and legal matters affecting the firm. Wayne delivers robust family office services designed to have a positive impact on the total financial well-being of clients. Combining personalized services with innovative technology …

Barron's 2018 Top Independent Advisors

Barron’s Ranks Paul Pagnato #16 on 2018 Top 100 Independent Financial Advisors List

Paul A. Pagnato, Founder and CEO at PagnatoKarp, climbed three spots in 2018 to be ranked No. 16 on Barron’s Top 100 Independent Financial Advisors list. Barron’s featured its annual ranking of independent advisors and firms in its Sep 17, 2018 magazine issue. This is Pagnato’s sixth time being recognized on the prestigious Barron’s list. “At PagnatoKarp, our mission focuses squarely on …

Welcome Oleg Ikhelson

PagnatoKarp Welcomes Oleg Ikhelson as Director of Tax Services

PagnatoKarp welcomes Oleg Ikhelson to the team as the new Director of Tax Services. Oleg advises Family Office clients on complex tax planning and tax minimization strategies, as well as preparing individual, partnership, trust and foundation tax returns. He brings nearly 20 years of experience advising ultra-high net worth families on federal and state taxation while streamlining compliance and correspondence. By …

FA Mag Capitalizing Power Of Trust

Capitalizing On The Power Of Trust

FA Magazine, September 2018, by Tracey Longo Read the original FA Magazine Article here: Capitalizing On The Power Of Trust If doing the right thing for investors comes with a price, it also comes with exponential upside potential. Just ask PagnatoKarp, a Reston, Va.-based registered investment advisor formed by a high-net-worth team of brokers who made the leap from Merrill …

Penn State and Barrons

Barron’s In Education: PagnatoKarp Sponsors Penn State Smeal College of Business

September 5, 2018 The Penn State Smeal College of Business has announced a new partnership with the Barron’s in Education Program from Dow Jones. Wealth advisory firm PagnatoKarp, based in Reston, Virginia, has sponsored a two-year site license to Barron’s, one of the nation’s premier financial resources, that allows free access for Smeal students, staff, and faculty. In addition to …

Historic Bull Market

Historic Bull Market: Stay Disciplined

The stock market has made history, marking the longest bull market ever. This resilient bull market has lasted for an amazing nine years. We are closing in on a decade. The S&P 500 index has climbed an incredible 325% since its low in March 2009. This is a great reminder that market timing does not work. A great reminder to …

Alternative Assets

Six Alternative Assets This $3.5B RIA Uses To Diversify Client Portfolios

FA Magazine, by Christopher Robbins, July 31, 2018 With clients demanding income from their portfolios, Paul Pagnato has turned to alternatives. Pagnato, founder and CEO of PagnatoKarp, a $3.5 billion¹ RIA based in Reston, Va., said his average client has between 25 percent and 35 percent of their portfolios in alternative investments. “We allocate to alts from both equity and …

Jennifer Wappaus - Forbes - America's Top Next-Gen Wealth Advisors

Forbes: “A Family-Forward Team Approach To Complex Situations”

Forbes, by R.J. Shook, July 25, 2018 For Jennifer Wappaus, a Private Wealth Advisor with PagnatoKarp, the more complex and challenging a client’s situation, the better. “Our biggest value-add comes from working with entrepreneurs selling their businesses. We focus on moving the whole family forward after the sale event.” Sales of substantial businesses involve many moving parts—financial and psychological—and emotions …

Financial Advisor RIA Ranking 2018

FA Magazine Names PagnatoKarp to 2018 Top RIA Survey and Ranking

Financial Advisor Magazine released its 2018 RIA Survey and Ranking with PagnatoKarp on the list of top Registered Investment Advisors (RIAs). PagnatoKarp has received four Barron’s and Forbes awards this year and was recently crowned 2018 ‘Best Multi-Family Office (New Entrant)’ at the Family Wealth Report Awards¹. “We take our fiduciary duty as an RIA further than required, with True Fiduciary® …

What Is A Family Office?

What Is A Family Office?

If you’ve been working every day growing your business and find that your business has overtaken your life, you might need help simplifying complexity. Who do you rely on to help you navigate and streamline your affairs? In this era of increased automation and democratization of information, there are options to satisfy most everyone’s level of risk, fee tolerance and …