Wealth Management

How to Merge Corporations

If you’re a business owner looking to position your company for competitive success after you retire, a merger could be your solution. A merger is an opportunity for the company you’ve built to gain fresh momentum for a new era by joining forces with another business. It also allows for restructuring as a way to transition out of your active ownership role. Learn how[...] Continue reading

Sudden Wealth Syndrome

Although everyone wishes to be wealthy, your wealth can be troublesome if it is sudden. The overnight millionaire could be having more troubles than you can imagine. Sudden wealth can cause anxiety, stress, and confusion. If you find yourself in this situation, you may even feel helpless. How do you navigate the problems of sudden wealth syndrome? Professional wealth[...] Continue reading

How to Break up With Your Financial Advisor

Breaking up with a financial advisor can be daunting, but it is not uncommon for investors to need to take this step. Building wealth requires a healthy partnership with an industry professional who aligns with your financial needs. When these needs inevitably change, the best outcome starts by telling your financial advisor you are transferring your portfolio. It is[...] Continue reading

How to Manage Sudden Wealth

Whether you’ve received a large inheritance or won the lottery, staying alert and informed is important when you have gained sudden wealth. Rather than spending the money all at once or immediately investing it, you should be thorough and thoughtful about how you spend it and reserve your wealth. This guide explores what to do with sudden wealth and how to make the[...] Continue reading

How to Calculate Your Net Worth

Calculating net worth is essential for businesses and individuals. It's how you determine your monetary value, considering your assets and liabilities. Fort Pitt Capital Group helps families and business owners manage their finances to grow their net worth. In this article, we'll cover net worth, how to calculate it, and why knowing your net worth is important. You can[...] Continue reading