Employee Spotlight: Don Fakner

For our latest Employee Spotlight, we spent some time with Don Fakner, who recently joined the Fort Pitt team as an investment operations analyst. In our sit down with Don, we discussed his professional responsibilities, his summer plans and his run in with a group of transient orca whales. What is your current job title and what are some of your[...] Continue reading

2018 Pittsburgh Vetrepreneur of the Year award announced

Fort Pitt recently had the honor of sponsoring the 2018 Pittsburgh Vetrepreneur of the Year award, which recognizes a regional veteran business owner who exhibits characteristics that enable his or her business to flourish and emit growth and success. This year’s winner is Jack Mook, owner of Jack’s Boxing Gym, who will be honored at an event on 5/23. An on-again,[...] Continue reading

Tip of the Month: What Is a Wash Sale Adjustment & How Can I Avoid One?

Written by: Denny Baish | Senior Investment Analyst The wash sale rule was created to deter investors from selling securities at a loss in order to collect a tax benefit. A wash sale happens when and if someone sells a security at a loss and then purchases the same security within a 30-day period before or after the sale. Investments that are subject to wash sale[...] Continue reading

Inside the Fort: May the Fourth Be With You

What better way to celebrate back-to-back holidays than to have a fiesta for Star Wars Day and Cinco de Mayo? For two of our favorite holidays we enjoyed festive treats and even had a guess the Darth Vader and Yoda competition. Jealous yet? Take a look through some of our photos from the day for[...] Continue reading

A Primer on Spousal IRAs

Whether you’re a stay-at-home parent or taking some time off work, saving for retirement shouldn’t go by the wayside. In many cases, individuals aren’t aware they’re able to save for retirement when they don’t have earned income. Contributing to an IRA or Roth IRA is a viable option, and a good way to keep that nest egg growing. For those who may not be familiar[...] Continue reading