Market Update May 11, 2022

As we outlined in our early-year outlook commentary and presentations, we thought 2022 would be a “reset” year for equity markets. The extraordinary returns investors enjoyed over the previous three years left equity valuations high and markets susceptible to unforeseen outcomes – such as – more persistent inflationary pressures, surging bond yields, and[...] Continue reading

Suddenly Single: Financial To-Do’s for Newly Divorced Individuals

Going through a divorce is an arduous process, and the thought of untangling joint finances seems like a daunting task. To minimize financial damage, it’s essential to be proactive by promptly getting things in order. 9 Financial Tips for Newly Divorced Individuals The advisors at Fort Pitt Capital Group have helped many newly divorced individuals turn what seemed[...] Continue reading

Tip of the Month: Marriage & Money

We’re in the middle of wedding season and during this time there’s a lot of advice that couples receive ahead of their big day. While there's so much to be excited about when planning a life together, remember that it's important that you spend time considering the little details that will make your marriage a success. While financial issues can complicate any[...] Continue reading

What Is Long-Term Investing?

Long-term investing is the process of distributing money across a diverse set of assets. The investor commits to their portfolio for an extended period — usually at least a year — and adds to the investment over time as part of a carefully crafted financial plan. Candidates with enough money set aside to start a portfolio are excellent options. Why Long-Term[...] Continue reading

Compliance Corner: Name Trusted Contact to Help Protect Against Elder Abuse

Financial elder abuse is frightening and not something many people expect to deal with or plan for. At Fort Pitt, we're fiduciaries, which means we act in our clients’ best interest. After the recent amendments to FINRA Rule 2165, we want to reach out to you again to encourage everyone to set up a "trusted contact" with their custodian (e.g., Charles Schwab, Fidelity,[...] Continue reading