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.


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