Last month, over 5,000 industry professionals traveled to Washington DC to attend the annual Schwab IMPACT conference. This was my 6th year to join the four-day summit, which always comes with a plethora of educational seminars, keynote speeches from industry big-wigs (this year included Janet Yellen and Andrew Card, former…
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New tax law, new charitable giving strategy
Over the next few weeks and until year-end, we typically see an uptick in charitable giving by individuals, couples and families interested in giving to charity, and to take advantage of tax strategies. This year is a bit different. Under the new Tax Cuts and Jobs Act, the standard deduction…
Do millennials need a prenup?
Before tying the knot, it’s important to talk about money and goals with your significant other -- it’s something we’ve discussed before on Ramparts. Getting each person on the same page is essential for a harmonious financial future together. Increasingly, part of that discussion for millennials includes prenuptial agreements (prenup).…
CNBC: Facebook earnings mixed, what can they do to turn things around?
On the heels of Facebook’s quarterly earnings release, I appeared on CNBC’s “Squawk Box” to discuss the company’s outlook as the platform evolves. Facebook is doing well, but they need to spend money to keep its users happy. When evaluating the company, we think about the capricious consumer and what’s…
Tree of Life Synagogue: Here’s how you can help
At Fort Pitt, we strive to find ways to support our community. After news broke that members of our community from the Tree of Life Synagogue were attacked last weekend, we wanted to find out how we could help those impacted by the tragedy. Our firm has carefully chosen a…
Charlie’s month-end reading list
Here are some of the latest topics of interest at Fort Pitt Capital: The first piece, “We Wanted Safer Banks. We Got More Inequality” in Bloomberg, discusses how stricter regulations and the Fed have hurt the middle class. The article highlights scholar Karen Petrou and her theory that after the…
Market volatility is not as spooky as it sounds
Even though Halloween is right around the corner, investors shouldn’t let the market spook them. When the market is on a slight downturn, it’s common for some investors to become nervous or scared. However, these ebbs and flows are the nature of the market and it’s crucial for investors to…
Inside the Fort: We’re proud to support local artist at Carnegie International exhibit
Recently, Fort Pitt had the honor of supporting our local art scene through The Carnegie Museums of Pittsburgh. Native artist Mel Bochner’s work for the Carnegie International exhibit made its debut October 13th. This homecoming gives Bochner the chance to showcase some of his newest creations, and the Fort Pitt…
It’s National Retirement Security Week: Are you on track?
When planning for retirement, most people just want to know: Am I going to be OK? Feeling financially secure in retirement is of the utmost importance for those nearing their golden years. This week is National Retirement Security Week, which allows us to focus on retirement preparedness, how pre-retirees can…
Tip of the Month: Year-end planning
Financial planning and check-ups on your goals can and should be done throughout the year. However, as you approach year-end, now is the time to get your financial house in order. Before you head into the New Year and create new financial goals and resolutions, we’d like to provide some…