DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Pagnatokarp Partners, LLC

Former SEC-registered adviserReston, VirginiaCRD 282298SEC 801-107028IAPD
Latest filing Mar 27, 2020
First filing on the tape Dec 3, 2015 · 19 filings
RAUM
$2.2B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$2.2B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
27
12 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$2.2B as of Mar 27, 2020
Mar 18, 2016$1.2B then
HNW client RAUM$1.9B as of Mar 27, 2020
Mar 27, 2018$1.3B then
State-registered IARs (5.B.3)9 as of Mar 27, 2020
Mar 18, 20161 then
Employees (5.A)27 as of Mar 27, 2020
Mar 18, 201623 then
Private funds: no history
RAUM +22% over the last fiscal year+13% a year over threeIARs 10 to 9offices 7 to 0
Practice profile
derived from the filing of Mar 27, 2020; every figure names its basis
RAUM per advisor
$245MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
43derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$12.6MderivedHNW RAUM over HNW clients
Average account
$841,271derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
9.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
-10%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminars, otherreportedItem 5.G
Wrap fee program
$1.9BreportedItem 5.I
Custody
$1.2B, 227 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.9B88%
  • Individuals$268M12%
  • Pension and profit-sharing plans$4.0M0.2%
Individual clients
232reported
HNW clients
154reported
Pension plan clients
1reported
Charitable clients
n/areported
Accounts
2,621reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$1.2B for 227 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • William David Karp · Partnercontrol
    since 12/2015 · owns less than 5%
  • Gunnar Lars Okeson · Chief Financial Officercontrol
    since 08/2016 · owns less than 5%
  • Attilio Jr. Paul Pagnato · Chief Executive Officercontrol
    since 12/2015 · owns less than 5%
  • Deanne Robin Sines · Chief Operating Officer, Chief Compliance Officercontrol
    since 12/2015 · owns less than 5%
  • William David Karp · Trusteecontrol
    since 12/2015 · owns F of David Karp 2014 Trust
  • Attilio Jr. Paul Pagnato · Trusteecontrol
    since 02/2004 · owns F of Paul A. Pagnato Jr, Trust
Entity owners
  • Pagnatokarp, LLC · Managing Member - Class A
    direct · owns 75% or more
  • David Karp 2014 Trust · Member
    indirect · owns 25% to 50% of Pagnatokarp LLC
  • Pagnatokarp, LLC · Managing Member
    indirect · owns 75% or more of Pagnatokarp Equity, LLC
  • Paul A. Pagnato Jr, Trust · Member
    indirect · owns 50% to 75% of Pagnatokarp, LLC
  • Pagnatokarp Equity, LLC · Member - Class B
    direct · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 2,550 to 2,621
    Sep 4, 2019 to Mar 27, 2020
  • Charity clients · 1.0 to unset
    Sep 4, 2019 to Mar 27, 2020
  • HNW clients · 92 to 154
    Sep 4, 2019 to Mar 27, 2020
  • Individual clients · 242 to 232
    Sep 4, 2019 to Mar 27, 2020
  • Assets in custody · $1.2B to $1.2B
    Sep 4, 2019 to Mar 27, 2020
  • Employees · 28 to 27
    Sep 4, 2019 to Mar 27, 2020
  • State-registered IARs · 10 to 9
    Sep 4, 2019 to Mar 27, 2020
  • Discretionary RAUM · $1.8B to $2.2B
    Sep 4, 2019 to Mar 27, 2020
  • HNW RAUM · $1.4B to $1.9B
    Sep 4, 2019 to Mar 27, 2020
  • Individual RAUM · $369M to $268M
    Sep 4, 2019 to Mar 27, 2020
  • Non-discretionary RAUM · $47.9M to $49.8M
    Sep 4, 2019 to Mar 27, 2020
  • Pension RAUM · $2.7M to $4.0M
    Sep 4, 2019 to Mar 27, 2020
  • RAUM · $1.8B to $2.2B
    Sep 4, 2019 to Mar 27, 2020
  • Other offices · 7 to 0
    Mar 27, 2019 to Sep 4, 2019
  • Accounts · 2,170 to 2,550
    Feb 19, 2019 to Mar 27, 2019
  • Advisory employees · 17 to 12
    Feb 19, 2019 to Mar 27, 2019
  • HNW clients · 83 to 92
    Feb 19, 2019 to Mar 27, 2019
  • Individual clients · 259 to 242
    Feb 19, 2019 to Mar 27, 2019
  • Assets in custody · $166M to $1.2B
    Feb 19, 2019 to Mar 27, 2019
  • Discretionary RAUM · $1.7B to $1.8B
    Feb 19, 2019 to Mar 27, 2019
  • HNW RAUM · $1.3B to $1.4B
    Feb 19, 2019 to Mar 27, 2019
  • Individual RAUM · $395M to $369M
    Feb 19, 2019 to Mar 27, 2019
  • Non-discretionary RAUM · $93.0M to $47.9M
    Feb 19, 2019 to Mar 27, 2019
  • Pension RAUM · $2.3M to $2.7M
    Feb 19, 2019 to Mar 27, 2019
  • RAUM · $1.8B to $1.8B
    Feb 19, 2019 to Mar 27, 2019
  • Accounts · 2,052 to 2,170
    Jul 14, 2017 to Mar 27, 2018
  • Advisory employees · 13 to 17
    Jul 14, 2017 to Mar 27, 2018
  • Charity clients · unset to 1.0
    Jul 14, 2017 to Mar 27, 2018
  • HNW clients · unset to 83.0
    Jul 14, 2017 to Mar 27, 2018
  • Individual clients · unset to 259.0
    Jul 14, 2017 to Mar 27, 2018
  • Pension plan clients · unset to 1.0
    Jul 14, 2017 to Mar 27, 2018
  • Assets in custody · unset to 166147083.0
    Jul 14, 2017 to Mar 27, 2018
  • Custody of client assets · false to true
    Jul 14, 2017 to Mar 27, 2018
  • Employees · 27 to 28
    Jul 14, 2017 to Mar 27, 2018
  • Financial planning clients · 101-250 to 251-500
    Jul 14, 2017 to Mar 27, 2018
  • State-registered IARs · 1 to 10
    Jul 14, 2017 to Mar 27, 2018
  • Other offices · unset to 7.0
    Jul 14, 2017 to Mar 27, 2018
  • Discretionary RAUM · $1.5B to $1.7B
    Jul 14, 2017 to Mar 27, 2018
  • HNW RAUM · unset to 1308956183.0
    Jul 14, 2017 to Mar 27, 2018
  • Individual RAUM · unset to 395114658.0
    Jul 14, 2017 to Mar 27, 2018
Signals
3 dated events
  • Pagnatokarp Partners, Llc reported 0 offices beyond its principal office, down from 7 (2019-03-27 to 2019-09-04)
    Sep 4, 2019 · Office count change · derived
  • Martin Wayne Zell (Chief Legal Officer) no longer on Schedule A of Pagnatokarp Partners, Llc (listed 2019-03-27, absent 2019-09-04)
    Sep 4, 2019 · Control person left · inference
  • Pagnato Karp Partners, Llc filed its initial SEC registration (Form ADV)
    Dec 3, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026