Jack Ablin Market Commentary: Sizing Up a Biden Economy

Sizing Up a Biden Economy

10/13/20: Market Update by Jack Ablin, Chief Investment Officer at Cresset The S&P 500 posted a 3.8 per cent gain last week, its best weekly showing since July. Small-cap stocks, which are more sensitive to projected economic activity, surged 6.4 per cent last week, their strongest weekly gain since June. While most newspaper ink spilled last week credited an increasing …

COVID-19’s Employment Impact Under the Microscope

10/6/20: Market Update by Jack Ablin, Chief Investment Officer at Cresset The COVID-19 pandemic inflicted unprecedented stress on the American economy and its labor market.  More than 14 per cent of employed Americans, or 20 million people, lost their jobs in April. The current labor market remains stark. Sixty million Americans filed for unemployment benefits over the last six months, …

All Dividend-Paying Companies Aren’t Created Equal

All Dividend-Paying Companies Aren’t Created Equal

10/1/20: Market Update by Jack Ablin, Chief Investment Officer at Cresset Dividend payments to shareholders have become an increasingly important source of investment income in recent years as bond yields have plummeted. At its peak in 1982, the 10-year Treasury yield reached 14.3 per cent, more than nine percentage points higher than the S&P 500 dividend yield. By 2008 the …

How Proposed Policies Could Affect Your Wealth

How Proposed Policies Could Affect Your Wealth

9/25/20: Market Update by Jack Ablin, Chief Investment Officer at Cresset | The election is just around the corner but, as 2016 demonstrated, determining an outcome and the policies that will accompany it is still a long way off. That said, there are several policy proposals in play that carry broad implications for investing and wealth planning strategies. Higher Income …

Is it a Correction, or a Selloff?

9/21/20: Market Update by Jack Ablin, Chief Investment Officer at Cresset | Today’s market action reflects investors’ frustration with Congress’s inability to pass additional stimulus.  The implications surrounding Supreme Court Justice Ruth Bader Ginsberg’s death have the potential to capture the Senate’s attention. Federal Reserve Chairman Jay Powell, in a speech last week, stressed “more fiscal support is likely to …

Protect Your Family In a Pandemic

Privacy in a Pandemic: 5 Steps to Protect Your Family

“While online and offline privacy and personal information intrusions are plentiful and constantly evolving, there are thankfully ways to mitigate the risks.” With the onset of the COVID-19 pandemic, many of us are spending more time online than ever before. We are working online. Going to school online. Socially distancing together online. Unfortunately, there is an unwanted guest knocking at …

Investing in Disruptive Innovations

Investing in Disruptive Innovation and Exponential Technologies

“This is a must-see for Entrepreneurs and CEO Founders. Disruptive innovations and exponential technologies are the future.” Singularity University’s Mic Mann hosts “Investing in Disruptive Innovation” with Cathie Wood, Paul Pagnato and Andile Ngcaba. The discussion focuses on technologies that are on an exponential growth curve, lighting a path to ultimately change the way we live in the future.  WATCH …

Barron's Top RIA 2020

Barron’s Ranks PagnatoKarp Cresset 2020 Best RIA Firms in America

PagnatoKarp | Cresset is proud to be ranked on Barron’s Top 100 RIA Firms in America, debuting on the 2020 list at #34 out of 100¹ independent firms from across the nation. “The Barron’s recognition highlights the strengths of PagnatoKarp and Cresset coming together as one firm,” said Paul Pagnato, Founder PagnatoKarp and Co-Chairman Cresset. “We have created a new …

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Forbes Ranks Paul Pagnato #1 in Virginia on 2020 Top Wealth Advisors List

Paul A. Pagnato, Founder PagnatoKarp and Co-Chairman Cresset, has been ranked #1 in Virginia and #31 in America on Forbes 2020 Top Wealth Advisors list. This is the fifth year in a row that Paul Pagnato has earned a spot on the exclusive list of 250 advisors from around the nation, together managing $893 billion in client assets. “The Forbes …

Barron's in Education Virtual Event: Paul Pagnato Presents The Future of Finance

Paul Pagnato and Barron’s Present the Future of Finance at Florida Atlantic University

“A TRUE WIN/WIN/WIN FOR ALL THAT JOINED.” —BARRON’S Paul Pagnato, Founder PagnatoKarp and Co-Chairman Cresset, presented The Future of Finance to students at Florida Atlantic University’s College of Business. Together with Joe Lanza, Director of Financial Education at Dow Jones, and Dr. Rainford Knight, FAU Professor and entrepreneur, the discussion focused squarely on growth opportunities, both personal and business, stemming …

Concierge Proves Added Value For Wealth Sector

“The concierge approach – not just about luxury or events – touches on what is the traditional starting ground of family office work.” PAUL PAGNATO Tom Burroughes, Family Wealth Report The pandemic has upended many products and services and that includes concierge offerings for ultra-high net worth individuals. Concierge is a lot more than fixing theater tickets, restaurant bookings or …

OODAcast: Paul Pagnato, CEO and Founder at PagnatoKarp and Author of The Transparency Wave

How Transparency Drives Exponential Results: A Conversation With Paul Pagnato

“INNOVATORS MAKE IT A TOP FOCUS TO HAVE A CULTURE OF TRANSPARENCY.” OODAcast host Matt Devost interviews Paul Pagnato to dissect the essential role TRANSPARENCY plays in innovation, exponential growth, and entrepreneurial success. With keen eyes for tracking impactful change, Matt and Paul share the key factors that can help CEO Founders and entrepreneurs successfully build high growth companies. WATCH THE …

CEO Founders Demand Transparency in Finance

CEO Founders: Demand Transparency® in Finance

“TAKING TRANSPARENCY® TO A WHOLE NEW LEVEL.” How will finance, wealth management and fintech evolve and become more transparent in the future? Mic Mann, Co-CEO Singularity University South Africa, and Paul Pagnato, Founder PagnatoKarp and Co-Chairman Cresset, discussed the critical importance of Transparency® during the Exponential Finance Summit. Paul shared his personal journey from early beginnings to where the Transparency …

Paul Pagnato Presents Transparency® in Leadership at Harvard

Paul Pagnato Prepares Harvard Students for Transparency® in Leadership

“SUCCESS IS FAILURE TURNED INSIDE OUT.” Paul Pagnato, Founder PagnatoKarp and Co-Chairman Cresset,  presented Transparency in Leadership to an enthusiastic Harvard Summer School class of business professionals. Together with Professor John Paul Rollert, the leadership topic focused squarely on failure, perseverance and Transparency® as a recipe for success. “To grow exponentially, failure and risk must be acceptable and experimentation is …

CEO Founders Greatest Opportunities

World economies are experiencing lasting change due to the COVID-19 pandemic. There are tremendous opportunities for CEO Founders to consider that are making an impact. Listen to FAU Host Dr. Rainford Knight and guest, Paul Pagnato, discuss the on-going transformations. Paul Pagnato is Cresset’s Co-Chairman and Founder at PagnatoKarp, an FAU alumnus, and a member of the FAU Foundation’s Board of …

A New Paradigm For Wealth Management - PagnatoKarp and Cresset

Barron’s: PagnatoKarp Joins Cresset, Assets Hit $9.5 Billion

Barron’s, Jun 17, 2020, by Steve Garmhausen Chicago-based Cresset Asset Management has acquired fellow RIA PagnatoKarp, in Reston, Va., to create a $9.5 billion firm. Both employee-owned businesses offer private wealth management and multi family office services. The $2.3 billion deal for PagnatoKarp is the third for nearly four-year-old Cresset. In March of 2019, the firm bought $500-million Evanston Advisors, …

Now a $9.5 Billion RIA - PagnatoKarp and Cresset - Transparency Changes Everything

Cresset and PagnatoKarp Join Forces, Creating a $9.5 Billion RIA

Cresset now ranks among the largest RIAs in the country based on assets Cresset Asset Management (“Cresset”) announced today it has combined with PagnatoKarp through an acquisition. PagnatoKarp is a Reston, Virginia-based SEC registered investment adviser (RIA) with $2.3 billion in assets under management (AUM). Together with PagnatoKarp, Cresset now has $9.5 billion in AUM and eight offices around the nation. The …

PagnatoKarp Teams with Barrons for Next-Gen Financial Education

PagnatoKarp Teams with Barron’s to Provide Financial Education and Virtual Events Aimed at Improving Next-Gen Financial Literacy

PagnatoKarp has teamed with Barron’s in Education to help strengthen financial education for the next generation of business leaders through university programs and events. Barron’s invited Paul Pagnato, CEO Founder at PagnatoKarp, to speak at a special Next-Gen Webinar, “Young Investing in Turbulent Times”, to help students understand the impact of COVID-19 on financial markets and investing for the future. …

Tax-Related Cyber Scams

Top 3 Tax-Related Cyber Scams During the Pandemic

The COVID-19 pandemic has forced major changes to the way in which we work and carry out day-to-day activities. Cyber criminals love a crisis, especially when social distancing. Limitations on in-person meetings have created heavier-than-usual reliance on virtual and electronic communication. Panic-inducing events are lucrative opportunities for the unscrupulous to capitalize on fear. Here are 3 tax-related social engineering attacks …

PagnatoKarp and PinnacleCare: COVID19: The Path Forward

PagnatoKarp Partners with PinnacleCare to Provide Pandemic Response Program to Clients

PagnatoKarp has partnered with PinnacleCare, a leading health advisory firm, to give clients private access to a robust Pandemic Response Program. Through this partnership, clients receive ongoing guidance and exclusive support from PinnacleCare’s team of leading infectious disease experts. This includes direct access to PinnacleCare’s Medical Directors, private responses through a dedicated communication channel, and weekly medical reports surrounding COVID-19. …