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Headwinds

The second quarter of 2018 revealed little news in the bond market, as the generally range-bound trading that marked previous quarters remained in place. On May 11th, the yield on the 10-year U.S. Treasury bond reached 3.11 percent, and it appeared that interest rates were headed higher on the back…

The asteroid and the portfolio manager

Fidelity Investments has finally done it. The large Boston-based fund manager recently cut the management fees on two of their index-oriented stock mutual funds to zero—nada—NOTHING. Their arch rival Vanguard Group pioneered cheap, index-based investing in 1974. Forty-four years later, after decades of competitive innovation, fee-cutting and marketing hocus between…

Tackling debt before and during retirement

When anticipating retirement, advanced planning is the common thread that binds your financial future together. Therefore, managing debt during retirement is easier when you have a plan. Approximately 10 years before retirement, reassess your financial position and create a feasible plan to pay down consumer debt -- that includes credit…

Best money lessons learned at a young age  

With back-to-school season in mind, we polled our advisors to find out what money lessons they learned early on that stuck with them throughout their life. Below, five of our team members reminisce on what “lessons” started them on their path to financial success. Michael Blehar, managing director, financial consultant…

Charlie’s month-end reading list

Here are some of the latest topics of interest at Fort Pitt Capital: The first piece, “Turkey’s Crisis exposes the Perils of Strongman Rule” in The New York Times, discusses why an inflationary crisis is especially dangerous in a populist regime run by a “strongman”. According to a 2008 study,…

Employee Spotlight: Aileen Rohrig

For our latest Employee Spotlight, we spent some time with Aileen Rohrig, who recently joined the Fort Pitt team as a client relationship specialist (CRS). In our sit down with Aileen, we discussed her day-to-day responsibilities, her favorite travel destinations and some of her hobbies. What is your job title…

Employee Spotlight: Kaitlyn Haney

For our latest Employee Spotlight, we spent some time with Kaitlyn Haney, who recently joined the team as a client relationship specialist (CRS). During our sit down with Kaitlyn, we discussed her current responsibilities, aspirations and her favorite vacation destination. What is your job title and what are your main…