Chief Investment Officer
Paul Krsek founded 5T Wealth Management, LLC (5T Wealth) in 1998. He is the Managing Member and Chief Investment Officer.
Paul has also been a founder, manager and director of several other successful firms that have since been profitably liquidated or sold.
He was co-founder and past-President of First California Northern Bancorp, a California bank holding company. First California Northern Bancorp was sold to Capitol Bancorp, LTD. (CBC) in 2005.
He was co-founder of Napa Community Bank (NCB) in Napa, CA. A majority interest in NCB was sold to Capitol Bancorp, LTD (CBC) in 2005. In 2010 CBC sold their entire interest in Napa Community Bank to Rabobank.
Paul is also co-founder and past-President of Predictive Financial Technologies, LLC (PFT) a hedge fund manager. PFT formed a joint venture with Olsen Data, of Zurich, Switzerland to manage foreign exchange funds in the United States. The two hedge funds formed by PFT have been profitably liquidated and all proceeds returned to the investors.
He was also the founder and past-managing partner of Krsek Publishing, LP (KPLP) which owned and operated the St. Helena Star and Weekly Calistogan newspapers from 1997-2003. KPLP was sold to Pulitzer Publishing in 2003.
Prior to forming 5T Wealth in 1998, Paul was employed from 1990-1998, by Edward Jones & Co., an NYSE member firm based in St. Louis, Missouri.
Paul was employed from 1983-1989 by Angeles Corporation in Los Angeles, California. From 1985-1989 he served as President, CEO, and Director of Angeles Securities Corporation. He also served as Executive Vice President and Director of Angeles Corporation, the parent company, a publicly held diversified financial services firm which managed approximately $4.4 billion in stock, bond, and real estate assets.
After leaving Angeles Corporation in 1989 Paul moved to the Napa Valley where he has lived and worked ever since. He has become an integral member of the community, having served on many non-profit boards, and in various service capacities, including his personal favorite, the St. Helena Rotary Club.
He is a frequent guest speaker for business groups in the Napa and Sonoma Valleys and author of several articles that have appeared in various newspapers and periodicals. He is also the author of 5T Wealth's periodic newsletter called Ellumination.
Paul has a BA in Sociology from Shippensburg University of Pennsylvania and is a graduate of the Executive Management Program of the Anderson Graduate School of Management at UCLA.