PagnatoKarp was an award-winning boutique private wealth management firm and multi-family office dedicated to transparency, integrity and trustworthiness. The firm was also known for its holistic approach to wealth management and its experienced team of advisors. The firm catered to ultra-high-net-worth individuals and families, wealth creators, and CEO founders. It provided a comprehensive range of services, including investment management, financial planning, tax planning, estate planning, and philanthropic planning. PagnatoKarp was acquired by Cresset Capital in June 2020.
They were also set out to provide clients with access to the same level of service and expertise that was previously only available to the ultra-wealthy.
Investment Management: Develop and implement customized investment strategies that are aligned with their individual goals and risk tolerance.
Tax Planning: Minimize their tax burden and develop tax-efficient strategies for managing their wealth.
Estate Planning: Create and implement estate plans that protect their assets and ensure that their wishes are carried out after they are gone.
ACQUISITION OF PAGNATOKARP
Cresset acquired PagnatoKarp in June 2020. The acquisition combined two of the leading multi-family office firms in the U.S., and was Cresset's third and largest deal since its founding.
It also expanded Cresset's reach into the Washington, D.C. metropolitan area, where PagnatoKarp had a strong presence.
The strategic combination places Cresset among the 25 largest RIAs in the country based on the methodology used from InvestmentNews’ RIA Data Center AUM.