Pagnato-Karp Group
Overview
The Pagnato-Karp Group
Our Group provides wealth management services, strategies, and solutions to a highly dynamic and accomplished group of clients. We work exclusively with wealth creators – individuals who have successfully founded privately held businesses. These individuals, many of whom are leaders in the defense and intelligence industries, have investable assets of $25 to $200 million. We have built a reputation for serving the particular needs of this distinct client base for twenty years. Our eleven-person team offers knowledge, professionalism, and a deeply ingrained service ethic.
Client Values
Our practice is designed to deliver client values of transparency and privacy. We built our business to embed these values in our offerings.
- Transparency. We pursue transparency through two channels. First, we exclusively invest with third-party asset managers. Second, we insist on transparency from external investment managers. We conduct rigorous quarterly on-site due diligence visits, providing us with an in-depth understanding of the strategy, operations, and risk management approaches of investment managers.
- Privacy. We understand the need for privacy and security in today’s environment. Given our client concentration in the defense and security industries, we implement exceptional safeguards to pursue a secure and confidential environment for clients. Specifically, we have the ability to provide a completely paperless information flow, if requested.
Priorities
We exclusively work with entrepreneurs, many of whom have undergone a recent liquidity event. Our wealth management approach reflects four priorities that are of upmost importance to them:
- Wealth preservation. We place a primary emphasis on preservation of capital. We worry about what can go wrong in the financial markets in order to pursue down-side protection for clients. We have created innovative investment vehicles, such as structured notes and moving average disciplines, which provide clients with down-side protection while offering up-side opportunity.
- Cash flow. We recognize that clients need dependable cash flow in order to preserve their lifestyles. We structure our investments to facilitate steady and reliable cash flow from year to year, communicating the exact source and stream of this cash flow to clients.
- Convenience. Increased wealth is often accompanied by increased complications. Clients look to us to simplify, organize, and streamline their financial lives. Specifically, we provide bill pay services, monitor mail, negotiate the purchase of luxury vehicles, and contract private jet services. Our concierge desk exemplifies our dedicated and responsive service ethic.
- Positive impact of wealth transfer. Entrepreneurs know the value of self-reliance. They often want their children to embrace this value as well. We work closely with the patriarch and matriarch of client families to enhance the positive impact of wealth transfer upon children and grandchildren. Our team of advisors includes an attorney who specializes in estate tax law and a counselor with a Ph.D. in family psychology. We actively promote client efforts to ensure that the wealth transfer process has a beneficial impact on future generations.