Wealth Management
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ram·part /ˈram-pärt/ Noun 1. A defensive wall of a fort or castle. 2. A means of protection or defense.

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The votes are in: The UK leaves the European Union

Headlines about ‘Brexit’ have been top of news over the past several weeks, and in a past blog post, we addressed how the British referendum will affect the economy. As of last night, the votes are in, determining the fate of the UK and the European Union. In a very close vote (approximately 51 to… Continue reading →

Blocks that spell "PLAN"

Critical questions for plan sponsors: Do you have a written investment policy statement?

An investment policy statement (IPS) is the governing document that provides directional and procedural guidelines for the inclusion or removal of any investment in either a retirement plan or endowment. Though not required by law, it is highly advisable as it provides a clear roadmap to the plan fiduciaries for the selection and ongoing monitoring… Continue reading →

What is Brexit and how will it affect the economy?

Over the past several weeks, headlines about ‘Brexit’ have been circulating in anticipation of the British referendum on June 23. The British people will vote on Thursday of this week on whether to leave the European Union (EU). If they do vote to leave, the UK people are effectively saying they don’t want to play… Continue reading →

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Podcast: The Fed will not raise rates – why we aren’t surprised

Announced today in the June FOMC meeting, the Federal Reserve will not raise interest rates for the time being. Here at Fort Pitt, we are not surprised by this news – with negative jobs numbers and bigger financial issues worldwide, the Fed has its hands tied at this point. Click on the podcast below to… Continue reading →

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