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 we …

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 are …

What do Fortune 100 CEO’s spend over 50% of their time focusing on?

What do Fortune 100 CEO’s spend over 50% of their time focusing on? – Attracting, Recruiting and Hiring “A Players” Paul Pagnato, Founder of PagnatoKarp, was a featured speaker for the seventh time, during the Barron’s 2014 Top Financial Advisors Summit. His remarks focused on attracting and selecting an “A-team” of top performers in today’s competitive environment, and included tips and …

10 social media savvy independent advisors who made Barron’s Top 100

By InvestmentPal In previous posts, we presented statistics and success stories of financial advisors winning new clients on Linkedin, Twitter and Facebook.  In this post, we identify 10 social media savvy independent advisors who made it to Barron’s Top 100 Independent Advisors list published in August 2014.   These 10 social media savvy advisors are identified based on their use of social media platforms including Linkedin, Facebook and Twitter.  …

The Business of the Family

By Dr. Richard Orlando “As CEO of an international company, I have read many books on leadership, wealth, and success. Of these, Dr. Orlando’s book is in a class by itself. Legacy provides principles and insights that can assist business owners and entrepreneurs in their pursuit to prepare themselves and their children for the opportunities and responsibilities that come with success. …

Investor Education: Family Governance – Know Your Why

By Dr. Richard Orlando What is the technology you are using to make the most important family wealth decisions that impact your legacy? This is the second part in the series on legacy planning. During the first part of the series, I defined what legacy planning is and what it is not and what I shared was that legacy planning isn’t …

Investor Education: Tax and Estate Planning – Minimizing Taxes in a Taxable Estate

By Wayne Cooper Today we are going to discuss minimizing taxes in a taxable estate. The two transactions we are going to discuss are low interest rate loans to children and Grantor Retained Annuity Trusts or GRATs. For purposes of these transactions, the IRS establishes a monthly hurdle rate. If these rates or greater are used in these transactions, then the …

Investor Education – Tax & Estate Planning: Restricting a Beneficiary’s Access to Principal

By Wayne Cooper There are two ways a beneficiary can access principal of a trust. A beneficiary may be entitled to an automatic distribution or an allowable withdrawal from the trust or a trustee could have discretion in making distributions to the beneficiary.  In the past, many estate planning lawyers would provide a beneficiary access to trust principal on attaining certain ages. …

Investor Education: Restricting Your Children’s Access to Trust Income

By Wayne Cooper Today we are going to discuss restricting your children’s access to trust income. Trust income is generally the income earned by the trust in the form of interest and dividends. Parents today are concerned the large inheritance will not empower their children to succeed but instead could enable their children to sit back and do nothing other than …