Receiving a less-than-expected inheritance

A study conducted by TD Ameritrade reveals that 40 percent of young adults believe they will have an inheritance passed down from their parents. What they may not expect, however, is what occurs when they receive considerably less than their siblings or other family members. In January, I was featured in an article published by the Pittsburgh Post-Gazette titled,[...] Continue reading

Receiving a Less-Than-Expected Inheritance

A study conducted by TD Ameritrade reveals that 40 percent of young adults believe they will have an inheritance passed down from their parents. What they may not expect, however, is what occurs when they receive considerably less than their siblings or other family members. In January, I was featured in an article published by the Pittsburgh Post-Gazette titled,[...] Continue reading

Missed opportunity?

This is my first quarterly letter at Fort Pitt Capital Group. I feel privileged to work with such a fine group of professionals, and energized for the journey ahead with you, our clients. I look forward to working with each of you in pursuit of your financial goals. With this in mind, I thought I’d explore one of the themes I’m hearing in my conversations with our[...] Continue reading

Sometimes the best defense is a good offense

In our last newsletter, we lamented the general absence of “animal spirits” in the U.S. economy. We noted that since the financial crisis in 2008, deflation resulting from debt reduction within the private sector has been offset by bouts of spending and money-printing by the U.S. Treasury and the Federal Reserve. These opposing forces have kept the economy in a[...] Continue reading

Newsletter: No limits

Weighing in on the congressional debate over ever-growing debt, I discuss the limits on taxes and government borrowing in our recent Capital Ideas newsletter. The article expresses our concern with the current monetary and fiscal policy -- the  lack of clarity on “limits” have been breached because the Fed continues to print enough money to suppress interest rates[...] Continue reading