Karmin Capital Management Featured in Worth Magazine

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Philip Karmin refers to pipeline master limited partnerships as an attractive investment

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.

Mr. Karmin states that the resurgence of the United States as an energy producer is particularly good news for pipeline MLPs. Natural gas production in the United States has increased by over 40 percent in the last decade and U.S. oil production rose from just over eight million barrels a day in 2005 to more than 12 million barrels daily in 2013. This jump in U.S. natural gas and oil production means a good opportunity for investors. “Because of all the energy being found in this country and the demand on U.S. infrastructure, MLPs in this sector may provide additional diversification to a portfolio,” said Philip Karmin.

Don Bizub, CEO of Western International Securities commented that “Investors are always looking for attractive investment opportunities and Philip’s essay provided valuable information and insight into investing in pipeline MLPs.”

Karmin Capital Management LLC offers securities and advisory services through Western International Securities, Inc. Western is among the largest independent broker-dealers clearing through J.P. Morgan Clearing Corp. Through its clearing agreement with J.P. Morgan Clearing Corp. and Pershing LLC, Western is able to provide its Advisors with state-of-the-art financial services and support. Established in 1995, the firm is headquartered in Pasadena, CA and maintains offices nationwide.

If you’d like more information, please contact Ecri Gutierrez at ecri(at)wisdirect(dotcom or
888-793-7717. Western International Securities, 70 South Lake Avenue, Pasadena, CA 91101, http://www.wisdirect.com. Member FINRA and SIPC.

The Worth Leading Wealth Advisors Program is an integrated marketing platform for wealth, legal and insurance advisors nationwide. Advisors who apply for admission into the program are vetted by Worth and experts at Paladin Registry to help ensure advisor quality. In order to be considered, professionals must be willing to provide complete and full disclosure to investors so that analysts can thoroughly screen and evaluate their credentials, ethics and business practices. Once admitted, advisors pay a fee to be included. For more information, please contact leadingwealthadvisors(at)worth(dot)com.

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