Nov 9, 2023
The S&P 500 fails to notch a ninth consecutive gainRead More
Jun 23, 2023
Five investment experts share where they see the best opportunities now.Read More
May 11, 2023
Investors say money is still sitting on the sidelines of stock marketsRead More
Mar 1, 2023
Investors worry robust economic indicators could prompt the Federal Reserve to keep interest rates elevatedRead More
Feb 28, 2023
Papamarkou Wellner Asset Management will be rebranded Papamarkou Wellner Perkin (“PWP”). Driven by client demand, the firm will also be expanding its’ platform with the launch of a dedicated Mergers & Acquisitions Advisory vertical to compliment PWP’s existing businesses.Read More
Feb 21, 2023
With ‘cash sweeps,’ brokerage firms automatically put uninvested client assets into a low-yielding bank-deposit programRead More
Jul 1, 2022
Karl Wellner discusses managing the wealth of family offices on Australian podcast "Inside The Rope."Read More
Jul 1, 2022
Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.Read More
Mar 3, 2022
Retirement advice is as plentiful as the bills that roll in each month. But despite the avalanche of tips for boosting your savings, people still make dreadful financial decisions.Read More
May 14, 2021
Stock sales are reaping a windfall for the world’s richest shareholders.Read More
Apr 23, 2021
For the wealthy, an investment that gets around funds’ high fees and may earn good returns. And for the companies, a needed infusion of cash when other options have disappeared.Read More
Dec 4, 2020
With interest in private investments on the rise, getting into deals can take more than money. The cachet of pro athletes is one group’s way of differentiating itself.Read More
Sep 28, 2020
A New York Times story based on Donald Trump’s long-sought-after tax data shows he avoided paying income taxes for most of the past two decades and paid only $750 the year he was elected president.Read More
Oct 9, 2019
It might be time to buy into small-cap stocks even though they are lagging their large-cap counterparts, some strategists say.Read More
Jul 16, 2019
Stocks fell from record highs on Tuesday after President Donald Trump cast doubt on the trade progress between China and the U.S.Read More
Jun 10, 2019
There are a lot of touchy subjects to bring up when you want to preserve wealth over generations.Read More
Jun 1, 2019
Uncertainty has been the name of the investing game for most of 2022. Consider the reaction to cooler-than-expected US inflation data for October: Investors were euphoric, with the S&P 500 posting its best reaction to a CPI report on record. However, a key part of the yield curve also inverted, indicating the risk of a recession is growing.Read More
May 16, 2019
The volatility in the stock market has recently picked up amid an escalating trade war between the U.S. and China, but regular investors with a long-term horizon are better off just riding out the tough times, even when they get pretty scary, history shows.Read More
Apr 8, 2019
Dec 30, 2016
There is one thing analysts can agree on about the year that is coming to a close: 2016 confounded predictions and expectations. From how stocks would perform to who would win the presidency, this was a bad year for people who tell us what tomorrow will bring.Read More
Sep 14, 2016
Thorne Perkin, president of Papamarkou Wellner Asset Management, can’t understand why most investors don't like the Wall Street bull and keep dissing it all the time.Read More
Jun 10, 2014
When Microsoft went public in 1986, its chief executive and largest shareholder, Bill Gates, wound up with a broker at Goldman Sachs , the Wall Street firm that had led the company’s initial public offering.Read More
Nov 6, 2012
Wall Street's biggest gripe with President Obama is more about what he's said than what he's done.Read More
Jan 28, 2011
This website is for informational purposes only, does not constitute investment advice, and is not intended as a solicitation to purchase or sell any security or separate account.
Asset Allocation does not assure a profit or protect against loss in declining financial markets. Keep in mind that investing involves risk. The value of your investments will fluctuate over time, and you may gain or lose money. Past performance does not guarantee and may not be indicative of future results.
Securities, options, futures related products offered by Papamarkou Wellner & Co., Inc. MEMBER: FINRA/SIPC/NFA/MSRB (d/b/a Papamarkou Wellner Perkin Capital). Investment advisory services offered by Papamarkou Wellner Asset Management, Inc., an SEC registered investment adviser (d/b/a Papamarkou Wellner Perkin Advisors). Papamarkou Wellner Perkin Capital and Papamarkou Wellner Perkin Advisors are control affiliates (collectively referred to herein as Papamarkou Wellner Perkin).
*Any reference to Papamarkou Wellner Asset Management, Inc. being a registered investment adviser does not imply that the company or any of its management has achieved a certain level of skill or training.
United States Federal law requires all financial institutions to obtain, verify against various government lists, and record information that identifies each person, who opens an account. As a broker dealer registered with FINRA and the SEC, Papamarkou Wellner Perkin Capital will maintain on file copies of each investor’s new account information for brokerage accounts and subscription documentation for private placements, which include for:
SEC Regulation S-P requires Papamarkou Wellner Perkin to provide a statement to you at account opening and once each year regarding the use of your nonpublic financial information.
Papamarkou Wellner Perkin and its employees strongly believe in protecting the confidentiality and security of personal information we collect from you.
Papamarkou Wellner Perkin may collect nonpublic personal information about you from the following sources:
Papamarkou Wellner Perkin may disclose nonpublic information about you in order to process transactions in any account you may open; to respond to inquiries from you or your representative; or, to fulfill legal and regulatory requirements.
Papamarkou Wellner Perkin does not make any disclosures of information to other companies, which may want to sell their products or services to you.
Our employees are instructed to protect the confidentiality of information in the firm’s possession and are required to comply with Papamarkou Wellner Perkin’s established policies.
Papamarkou Wellner Perkin is firmly committed to protecting your privacy. We will continue to safeguard your privacy and the confidentiality of the information you provide to us.
The role of the Securities Investor Protection Corporation (“SIPC”) is to return funds and securities to investors if the broker-dealer holding the assets becomes insolvent. You may obtain more information about SIPC, including the SIPC brochure, at SIPC's Web site at www.sipc.org, or, by calling (202) 371-8300.
Papamarkou Wellner & Co. Inc. is registered with the U.S. Securities and Exchange Commission (”SEC”) at www.sec.gov and the Municipal Securities Rule Making Board (“MSRB”) at www.msrb.org. The role of the MSRB in the U.S. financial markets is explained in a brochure available to investors on the MSRB website (www.msrb.org) that describes the protections that may be provided by MSRB rules and how to file a complaint with the appropriate regulatory authority.
Papamarkou Wellner Perkin has an obligation to all of its clients and customers to make full and fair disclosure with respect to all conflicts of interest, to act in the best interest of its clients and customers, and to place their interests before its own. In addition to transaction-based commissions, mark-ups/mark-downs, or other customary brokerage account revenue for effecting transactions in your customer account, including the margin interest as described herein, Papamarkou Wellner Perkin Capital shares in whole or in part with Pershing other fees charged to your account. For money market or other mutual fund positions held in your brokerage account, the mutual fund sponsor will often charge in the form of fund expenses 12b-1 fees and other marketing and management fees. Those 12b-1 fees are paid by Pershing to Papamarkou Wellner Perkin Capital. In addition, a portion of the money market interest earned on free cash in your brokerage account is retained by Pershing and shared with Papamarkou Wellner Perkin Capital. Please speak with your Papamarkou Wellner Perkin representative or adviser to find out more information about how fees are assessed in a brokerage account and shared with Papamarkou Wellner Perkin. Please also see the Papamarkou Wellner Perkin Customer Relationship Summary.
Papamarkou Wellner Perkin has created and implemented a joint business continuity plan (“BCP”) in an effort to mitigate the effects related to unforeseen business interruptions in the event of an emergency or significant business disruption (“SBD”). However, all risks of business interruption cannot be eliminated and Papamarkou Wellner Perkin cannot guarantee that systems will always be available or recoverable as a result of an SBD. Papamarkou Wellner Perkin has no control over, and must rely upon, the disaster recovery plans of its various critical business constituents (its clearing firm, vendors, and other counterparties). In the event of an SBD, contact your Papamarkou Wellner Perkin representative or adviser; find out more information from the www.papamarkou.com website; and/or please be advised that the facility to place orders directly with Pershing in accordance with the Pershing BCP may be available by following instructions on the Pershing website at www.pershing.com.
Papamarkou Wellner Perkin Capital is currently able to claim an exemption from the quarterly reporting requirement of Rule 606 as a firm that has routed, on average, less than the minimum threshold of U.S. securities orders during the preceding calendar quarter. Covered securities include NASDAQ; U.S. Domestic exchange listed equities; and listed options.
In permitting the exemption, the Securities Exchange Commission has emphasized that firms eligible for this limited exemption would remain responsible to comply with Rule 606, which requires firms to provide interested customers with routing information about specific orders and to notify customers annually that such information is available.
Please be advised under Rule 606 that we will provide interested customers with routing information about specific orders when requested. In addition, as an introducing broker the entirety of the firm’s order flow is routed automatically through its clearing agent, Pershing LLC. A statistical analysis of the monthly order routing results for Papamarkou Wellner & Co., Inc. is readily available free of charge to interested parties by clicking on the link below.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options.
Margin trading increases risk of loss and includes the possibility of a forced sale if account equity drops below required levels. Margin is not available in all account types. Margin trading privileges subject to Papamarkou Wellner Perkin Capital review and approval. Carefully review the Margin Disclosure Document provided to you at account opening.
Pursuant to an agreement between Pershing and Papamarkou Wellner Capital, the interest you pay on the margin loan to Pershing will be shared between Pershing and Papamarkou Wellner Capital on a negotiated basis. Speak to your PW&Co representative for more information.
Papamarkou Wellner Perkin Capital is furnishing this statement to you to provide some basic facts about purchasing securities on margin, and to alert you to the risks involved with trading securities in a margin account. Before trading stocks in a margin account, you should carefully review the margin agreement provided by Papamarkou Wellner Perkin Capital and its clearing firm, Pershing LLC. Consult your firm regarding any questions or concerns you may have with your margin account(s).
When you purchase securities, you may pay for the securities in full or you may borrow part of the purchase price from your brokerage firm. If you choose to borrow funds from Pershing, you will open a margin account with Papamarkou Wellner Perkin Capital, the introducing firm, which manages your customer relationship. The account itself is held in custody by Pershing, the clearing firm, which extends the actual margin loan. The securities purchased in the account are Pershing's collateral for the loan to you. If the securities in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with Papamarkou Wellner Perkin, in order to maintain the required equity in the account.
It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:
Investments such as direct participation program securities (e.g., partnerships, limited liability companies, and real estate investment trusts, which are not listed on any exchange), commodity pools, private equity, private debt, and hedge funds are generally illiquid investments and their current values may be different from the purchase price. Unless otherwise indicated, the values shown in this statement for such investments have been provided by the management, administrator, or sponsor of each program, or a third-party vendor without independent verification by Papamarkou Wellner Perkin and represent their estimate of the value of the investor’s participation in the program, as of a date of the statement. Therefore, the estimated values shown may not necessarily reflect actual market values or be realized upon liquidation. If an estimated value is not provided, valuation information is not available.
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