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

10 Investment Mistakes to Avoid

If you want to have enough to live on in retirement, you need to invest. But many people are unsure how to start investing, nervous about losing their money, or wonder what not to do in the stock market. While there are always ups and downs in the market, investing is the best way to beat inflation and watch your nest egg grow. The average annual return for the[...] Continue reading

What Is an Investment Plan?

An investment plan is a set of investing goals and a plan to meet them. Many individuals hesitate to start investing because they are unfamiliar with the process. Some investors lose money from entering the market without a strategy. Investment plans inform peoples' decisions and improve the chances of satisfactory returns. Why Is an Investment Plan[...] Continue reading

5 Steps to Weathering Market Volatility

Written by: Nathan Boxx, AIF®, CFP® | Director of Retirement Plan Services After ten years of making money in a bull market, we perhaps got a little too comfortable and forgot that markets do go down from time to time. Thankfully it’s not often, and over the long-term, you are rewarded for having stuck through it. Remember, it is not about timing the market but[...] Continue reading

Tips for First-Time Homebuyers

Buying your first home is an exciting, chaotic process. However, you can make it a little easier by understanding some basic tips about saving, loans and buying. Preparing to Buy Before you jump into the search for your perfect house, you should make some preparations: Start saving early:In addition to the base costs of down payments and moving expenses, the path[...] Continue reading