Full Transparency…Where’s The BeEf?

By David Karp, PagnatoKarp The 1980’s were a very interesting decade for many reasons beyond just financial. It was one that saw astronomical interest rate moves, peak equity valuations, inflation and market collapses. The 1980’s also provided us with one of the most unforgettable slogans of all time: “Where’s the Beef?”. With full transparency, we ask ourselves that very same …

What Might We Be Missing?

By David Karp, PagnatoKarp When we have opinions that differ from many investors, we need to ask ourselves what might we be missing. While we applaud some of the current administration’s economic initiatives, we struggle to share the market’s optimism over their eventual success. To provide insight into why that is, we summarize the major economic proposals and the potential …

Assets Under Management

Brokers Once Disdained Independent Advisers. Now They Copy Them.

The Wall Street Journal by Michael Wursthorn, Originally published January 6, 2017 Wall Street brokerages are moving to comply with new retirement-advice regulations, boost profit and take back market share. Executives at Wall Street’s biggest brokerages for years have dismissed independent financial advisers as unsophisticated rivals who worked out of strip malls. These registered investment advisers acted as fiduciaries required to put …

Wall Street Journal

What To Consider With Alternative Investments

The Wall Street Journal, Dec. 28, 2016 11:38 a.m. ET ‘Financial adviser Paul Pagnato explains ways returns from atypical investments can be attractive, but less liquid’ The wealthy aren’t just looking to buy stocks and bonds. They’re also investing in other assets such as student housing and farmland. Paul Pagnato, financial adviser and founding partner at PagnatoKarp, joins Watching Your …

Lessons Learned from the Dow Hitting 10k

By Paul Pagnato When the Dow hit the once unthinkable 10,000 mark in March 1999, there was euphoria and significant optimism. This was the longest bull market run in history. Today, the Dow hovers around an incredible 20K. Talk about exciting times. 1999 was the last market up year of the famous technology bubble. I can recall my taxi cab driver …

Fear of Missing Out

Bubbles and Elevators

By Michael Lebowitz Volumes have been written on behavioral finance and the seemingly “irrational” decisions investors tend to make to avoid straying from the herd. This article examines a current example coined “FOMO” (fear of missing out), in today’s texting parlance. Through a better understanding of the psychological dynamics of bubble mentality, we hope to help you better grasp the …

Limiting Losses

By Michael Lebowitz “Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose.” Seth Klarman Growing wealth through investing typically occurs over a long time horizon that includes many bullish and bearish market cycles. While making the most out of bull markets is important, it is equally …

Financial Times Top Financial Advisers 2016

Genuine Quality: PagnatoKarp a Financial Times Top 300 Financial Advisor

Just released this week, the 3rd edition of the Financial Times Top 300 Registered Investment Advisors includes PagnatoKarp – more recognition for our genuine True Fiduciary® approach that puts our clients interests above our own and our maniacal commitment to customer service. Consistently ranked by Barron’s, PagnatoKarp is one of America’s premier independent wealth protection specialists. We focus on high …

In Support of our Clients’ Best Interest

Winning at business is perhaps one of the more rewarding slices of life. Successfully building a brand and amassing wealth for your family now and for future generations brings you satisfaction and, for the ones who matter most, security. Protecting that wealth on the other hand isn’t always a slam dunk. There are many reasons for this of course but …

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 …

Character: Jack London’s Ultimate Success Factor

Forty-four years ago, in 1972, a young man named J. Phillip London – Jack, for short – took a job at a small defense contracting firm called CACI. London was the company’s thirty-fifth employee, and he is still with CACI today. In fact, he would come to serve 23 years as the firm’s president and CEO and, during that time, …

Company Culture, The Netflix Way

Forward progress is always borne of innovation. This holds true on every level, from individual personal growth to large-scale, global development, and success in business is no exception. I have posted before on the importance of fostering a company culture that is grounded in the spirit of creative exploration, expression, and expansion. But creativity does not exist in a vacuum, and innovation …

The Value of Time Management

“You may delay, but time will not.” These are the words of the ever-practical Benjamin Franklin, and they are, dare I say, timeless – they apply just as much today as they did when he said them. Time management is important for all professionals, and is utterly essential for entrepreneurs. Most of us can probably rattle off at least five …

Trusting Your Instincts

Trusting your instincts can be scary, especially when it comes to making business decisions. For the creative, entrepreneurial type, it can be even scarier, since others don’t always share or understand your vision. And “[i]t wasn’t long ago that decision-by-intuition would have been regarded as little more than magical thinking or a try at luck.” But these days, “research has …

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 …

Anticipate & Adapt: Sharpen Your Strategic Thinking

As an entrepreneur, you’re used to doing it all, from long-term concept planning right down to taking out the trash at the end of the workday. But as your business grows, you begin hiring employees to do more and more of the day-to-day business, and you yourself shift from an execution role to a strategic role, it’s important to have …

Dreaming Bigger – A Steve Jobs Vision

As children, we learn to dream big. We learn that we can be anything we dream of and go anywhere we want to in life. We learn that nothing is impossible. But eventually, most of us become weighed down by the perceived chains of daily obligations, financial circumstances, and, above all, fear of failure. We begin to encounter obstacles that …

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.