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

How to Manage Sudden Wealth

Whether you’ve received a large inheritance or won the lottery, staying alert and informed is important when you have gained sudden wealth. Rather than spending the money all at once or immediately investing it, you should be thorough and thoughtful about how you spend it and reserve your wealth. This guide explores what to do with sudden wealth and how to make the[...] Continue reading

Investment Newsletter First Quarter 2024

Shake it off... U.S. equities rallied for a second straight quarter. The S&P Index advanced by 10.6%, posting the best performance to start a year since 2019. Similar to the fourth quarter of last year, returns were more evenly distributed with broader participation across market sectors. While the technology sector and “AI” stocks continued to perform well, we[...] Continue reading

How to Become a Millionaire – Understanding Compounding Interest

Compounding interest is like a snowball rolling downhill. It starts small, but the more it rolls, the bigger and faster it gets. That's the magic you can leverage to become a millionaire. Here's how: Start Early: The key to supercharging your compounding is time. The earlier you start saving and investing, the more time your money has to grow exponentially. You can see[...] Continue reading

What Happens to Your Money When You Die

    Fort Pitt’s Financial Advisors, Daryl Patten and Cory Phillips, CFP®, CRPC™ host Ken Ventresca to discuss the realities of what happens to your money when you die. The presentation covers: What happens to investment accounts when someone dies without a will? What happens to their debt? To whom should you make the first call to[...] Continue reading