Career in Financial Services spanned over 25 years. Philip Karmin, a well-respected executive in the Chicago financial services community and beloved husband and father died on May 11, 2015, in Highland Park, IL, surrounded by his family. Philip was the son of Kurt and Lonny Karmin and husband to Lynne Karmin. He was raised in Glencoe, IL, and attended North Shore Country Day School in Winnetka, IL, of which he was a proud alumni. Philip received his bachelor’s degree from Washington University in St. Louis.
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.