Tip of the month: What to know about robo advisors

Skim any financial services news outlet and you’ll find coverage regarding “robo” advisors. Technology obviously plays an ever-greater role in virtually every industry, and financial services is no different. Investopedia defines robo advisors as “online wealth management services that provide automated, algorithm-based portfolio management advice without the use of human financial planners.” At Fort Pitt,…

There’s a place for robo advisors

As the money management industry continues to debate the pros and cons of so-called “robo” advisors, we thought it would be helpful to address the issue on our blog. Our overall take: some advice is better than no advice. Traditionally, financial advisors have focused on individuals with substantial wealth. Robo advisors…

Millennial market forecast

Millennials, for a variety of different reasons, are generally regarded as an age group that does not have a lot of extra money or investable assets, which is why financial professionals may not be knocking down doors to win their business. However, as baby boomers continue to age, millennials are…

Introducing Bill Engel

We are very pleased to welcome Bill Engel, CFP®, financial advisor, to the team at Fort Pitt Capital Group. Bill joined the firm in June and will work with clients to oversee their retirement and wealth management plans and to ensure they are meeting their long-term financial goals. With over…

Fort Pitt sponsors INVESTPennsylvania™ Conference

Fort Pitt Capital Group is proud to announce their sponsorship of the second annual INVESTPennsylvania™ Equity Conference, a forum dedicated to the professional investment community. This interactive forum allowed executives of Western Pennsylvania public companies in industries such as energy, high-tech, pharmaceutical, and banking to partake in presentations and various…

Financial summer reading list

Whether you are jet setting off to an exotic location or planning a “staycation” with your friends and family, the extended time away from the office may allow for an enjoyable, and educational, reading break this season. With that in mind, our executives have compiled a list of summer reading…