RESTON, Va., March 14, 2018 /PRNewswire/ -- PagnatoKarp was crowned 'BEST MULTI-FAMILY OFFICE (New Entrant)' at the 5th Family Wealth Report Awards 2018. One of four firms to be shortlisted in the category, the True Fiduciary™ Family Office was showcased as a preeminent player in the competitive family office space by winning one of the coveted top awards.
"Our True Fiduciary™ Family Office is distinguished by our transparency, foundation and innovation as well as asset strength and True Fiduciary™ Standards," says Paul A. Pagnato, founder and CEO of PagnatoKarp. "We focus on providing a vast array of personalized solutions and unique value-added services that truly enable our clients to flourish."
Showcasing 'best of breed' providers in the global wealth management, private banking, and trusted advisor communities, the Family Wealth Report Awards are designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have 'demonstrated innovation and excellence during 2017'.
ClearView Financial Media's CEO, and Publisher of Family Wealth Report, Stephen Harris, says, "These awards recognize the very best operators in the private client industry, with independence, integrity and genuine insight – the watchwords of the judging process – such that the awards truly reflect excellence in wealth management."
The FWR Awards have quickly become one of the most anticipated events for family office professionals. It offers an excellent opportunity to recognize the many remarkable accomplishments of the sector's stars and innovators. The glittering awards dinner was held on March 8 at the exclusive Mandarin Oriental, New York.
The full list of winners can be found here: Family Wealth Report Awards 2018
PagnatoKarp, an independent wealth management firm with over $3.5 billion assets under advisement, was founded by Paul A. Pagnato and David W. Karp. The True Fiduciary™ Family Office provides personalized, in-house services for investment, planning, tax, legal, private banking, family governance, and concierge. With True Fiduciary™ Standards, clients receive transparent advice focused on asset protection, costs, and opportunities to help provide clarity and peace of mind. Paul Pagnato is ranked #19 on Barron's Top 100 Independent Wealth Advisors, #3 in Virginia on Barron's Top Wealth Advisors, and #30 on Forbes America's Top Wealth Advisors. Contact pagnatokarp.com or 703-468-2700
Barron's rankings reflects volume of assets overseen by advisor teams, revenues generated for firms, and quality of practices. Scoring system assigns top score of 100 and rates the rest by comparing with winner. Rankings may not be representative of any one client's experience but reflect criteria by publication issuing ranking, and not indicative of future performance. Forbes ranking, developed by Shook Research, is based on overall quality of practice and algorithm of qualitative/quantitative data received in nominations from over 11,000 professionals from financial services, banks, brokerages, custodians, insurance, clearing houses and registered investment advisers. Criteria includes client retention, industry experience, compliance records, firm nominations, AUM, revenue generated for firms, and 7 years minimum advisor experience.
Media Contact: Cathy Rieder