What Is Exit Planning?

All business owners will eventually leave their companies due to factors like retirement or a structured merger after a sale. Secure your legacy, protect your investment, and intentionally transition to the next phase of your life by creating a comprehensive exit plan. This guide will discuss the value of exit planning, including the core components of a successful[...] Continue reading

Money 101 Saving, Borrowing, and Wealth Building

You work hard for your money. So, make your money work hard for you. Join Fort Pitt Financial Advisors Chris Chaney, CEPA, and Paul Brahan, CFP®, CRPC™ as they create a guide to money, offering a comprehensive overview of building wealth, covering the following key areas: Understanding assets from cash to stocks and bonds Smart spending Strategic borrowing,[...] 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

Spousal Consent Requirements for IRAs

The spousal consent requirements when making withdrawals or changing beneficiary designations differ depending on the type of retirement plan. The state in which the couple resides may also change the rules. Therefore, it’s essential to learn the general laws and exceptions to make informed decisions. The guide will teach you when you need spousal consent when[...] Continue reading

Smart Inheritance: How to Keep Wealth in the Family

    Fort Pitt’s Financial Advisors, Daryl Patten and Skylar Riddle, CFP® host guest speaker Ken Ventresca to discuss financial planning for multiple generations. The presentation covers: Structuring your family’s wealth plan Preserving assets for the next generation Minimizing taxes Financial literacy for the next generation And[...] Continue reading