What Is Diversification?

Diversification is a very important factor that is used to lower the risk inherent in a portfolio. There are many different types of diversification that can be utilized. Each method can be used by itself or alongside the other methods to limit risk and volatility and create more predictable returns. Diversification is a tradeoff. In exchange for steadier returns and a[...] Continue reading

Broker-Dealer vs. Registered Investment Advisor (RIA)

Written by: Bill Engel, CFP® | Senior Vice President What Is a Broker-Dealer? A broker-dealer (BD) is a firm that buys and sells securities for its own account on behalf of customers. BDs act on behalf of customers in their brokerage capacity by buying and selling securities for them. They act as a dealer when buying securities for their own account. BDs provide[...] Continue reading

Active vs. Passive Management

Written by: Denny Baish | Senior Investment Analyst When choosing how to invest their assets, investors can choose one of two main strategies: active management or passive management. These strategies are very different and may result in vastly different investment performances. Understanding the difference can be crucial to picking the right strategy based on your[...] Continue reading

Fort Pitt Capital Group Announces Staff Promotions and Portfolio Management Transition

Fort Pitt Capital Group is pleased to announce staff promotions within our Portfolio Management Group. Beginning September 1, 2021, Dan Eye, CFA® will be promoted to the role of Chief Investment Officer, and Carter Henderson will be promoted to co-Portfolio Manager.  These changes will allow Charlie Smith, a founding partner of Fort Pitt and current Chief Investment[...] Continue reading

This is your brain. This is your brain on money.

Watch Fort Pitt Capital's Chris Chaney, AHN Neurological surgeon, Dr. Jonathan Pace MD, and Carnegie Science Center for an exploration of the human mind that will take you from the prefrontal cortex to Wall Street to the museum’s BodyWorks exhibition. After getting acquainted with basic brain anatomy, learn how your mind is involved with making financial decisions and[...] Continue reading