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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 interests. 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

Inflation In the Driver’s Seat – Fort Pitt Capital Group Quarterly Commentary

The nearly two-year winning streak for U.S. equity markets ended in the first quarter of 2022. Broad equity indices registered their first quarterly loss since the depths of the pandemic in early 2020. The S&P 500 Index declined by more than 12% by early March before staging an impressive rally in the closing weeks of the quarter. The S&P 500 finished the[...] 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

What Does a Financial Advisor Do?

If you're serious about managing your finances, you'll want all the expertise you can get to stay on track to achieve your short- and long-term goals. Big and small life changes bring an increased need for an adaptive financial plan that can accommodate your life at every stage. A financial advisor can help you create this plan and put it into action. Whether the[...] Continue reading