Coaster brakes

Back in September, the U.S. Federal Reserve announced that their massive bond-buying program known as Quantitative Easing (QE) would begin to be reversed on October 1st, 2017. Given this momentous occasion (at least for bond nerds like us), we thought it would be useful to summarize, in laymen’s terms, the…

Tip of the month: What to know about robo advisors

Skim any financial services news outlet and you’ll find coverage regarding “robo” advisors. Technology obviously plays an ever-greater role in virtually every industry, and financial services is no different. Investopedia defines robo advisors as “online wealth management services that provide automated, algorithm-based portfolio management advice without the use of human financial planners.” At Fort Pitt,…