Pagnato-Karp Team Joins Chicago's HighTower

Aug 1 2011 | 10:21am ET

Chicago-based HighTower, an advisor-owned financial services firm, has a new advisor team, the Washington, D.C.-based Pagnato-Karp Group.

Paul A. Pagnato and David W. Karp, formerly private wealth advisors at the Merrill Lynch Private Banking and Investment Group, join HighTower as managing directors and partners.

“Paul and David bring extensive expertise meeting the increasingly complex needs of discerning families," said Mike Papedis, managing director, national business development, HighTower. “They advise a practice with more than $1 billion in assets under management concentrated among a select client base. And they have proven their unwavering commitment to placing the clients' interests first."

Pagnato founded the PBIG Washington, D.C. branch and served on the Merrill Lynch advisory board. Karp served on the Merrill Lynch investment policy committee and manages customized client portfolios. The team focuses on delivering family office services, including asset management, estate and tax planning, and philanthropic solutions for wealthy entrepreneurs. 

HighTower serves high net worth and institutional clients via its headquarters in Chicago, corporate centers in New York and San Francisco and offices around the country.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…