Philip Karmin and Karmin Capital Management were recently featured in Worth Magazine’s Leading Wealth Advisors section. The profile in Worth included Philip Karmin’s essay entitled, “Why are master limited partnerships for pipelines attractive investments?” Mr. Karmin’s essay reviews why master limited partnerships (MLPs) may be an attractive investment vehicle for high net worth individuals and households. Specifically, MLPs offer liquidity features as publicly traded securities, with the added benefit of income from MLP distributions being tax deferred. He goes on to state that should you choose to liquidate your MLPs, any increase in valuation you accrue will be taxed at the capital gains rate, not as income.
Contribution will aid impoverished children and youth. As part of the Western Gives Back program, Western International Securities recently contributed $5,000 to the Alliance for Children’s Rights (The Alliance) in Los Angeles. The Alliance is the leading nonprofit organization in Los Angeles County devoted solely to providing children living in poverty with permanency through adoption and legal guardianship, access to healthcare and an equitable education.
Alvaro Castillo and Loyola Asset Management, were recently featured in Worth Magazine’s Leading Wealth Advisors section.
Event brings together Speakers and Advisors from across the country. Western International Securities recently held its 2014 National Conference at the Terranea Resort in Palos Verdes, California. The event brought together Western Advisors from across the country as well as exhibiters and sponsors from the financial services industry.
Mauricio Umansky, Chief Executive Officer of The Agency, will be one of the featured speakers at the upcoming Western International Securities National Conference. The conference is slated for October 8-10, 2014 at the Terranea Resort in Rancho Palos Verdes, CA.
Mr. Umansky specializes in selling and marketing luxury real estate worldwide. He was recently recognized by The Wall Street Journal as the #6 top-producing real estate agent in the U.S. This is Mauricio’s fourth consecutive year -- excepting 2011, when he didn't submit due to co-founding The Agency -- placing in the Top 10. Over his career, he has been personally involved in over $2 billion in transactions.
Career in financial services spanned 65 years. Kurt B. Karmin, a respected executive in the Chicago financial community, Second Lieutenant of the United States Army during the Korean War and beloved husband and father died on August 30, 2014 in Chicago, Illinois. Born in Berlin, Germany in 1928, Kurt and his family immigrated via Prague, Czechoslovakia to the United States in 1938, narrowly avoiding the onset of Nazi aggression.
Western International Securities, a leading independent broker-dealer, will hold its National Conference October 8-10, 2014 at the Terranea Resort in Palos Verdes, California. The event will bring together Western Advisors from across the country as well as exhibiters and sponsors from the financial services industry.
Jody Zimniewicz, a Financial Advisor with Horwitz & Associates, has been accepted into the Worth Leading Wealth Advisors Program. Ms. Zimniewicz’ profile recently appeared in Worth Magazine and included her essay entitled, “What important factors should I consider while constructing my portfolio for retirement?" In the essay she states, “Retirement is the big life change that everyone seems to look forward to, but there are circumstances that may affect a client’s situation.” According to Ms. Zimniewicz, among the factors that need to be taken into consideration is the financial responsibility that arrives with possibly becoming the caretaker of an aging parent.
Western Contribution to Aid High School Sports Programs. As part of its Western Gives Back program, Western International Securities (Western) recently contributed $5,000 to the Vaughn Nex Centruy Learning Center (Vaugh). Vaughn is an independent charter school that was incorporated as a nonprofit organization in Pacoima, Calif.
Western International Securities supports FSI's commitment to independent broker-dealer community. Don Bizub, CEO of Western International Securities (Western), recently attended the annual OneVoice Conference, presented by the Financial Services Institute (FSI). Also attending the conference from Western were Senior Managing Directors Brad Kaiser and Wendy Rea. The event, which commemorated ten years since the organization's founding, celebrated FSI's Decade of Results in the financial services industry. The conference was held at the Washington Marriott Wardman Park Hotel in Washington, D.C.