Critical Questions for Plan Sponsors

The plan sponsor space is ever-changing and here at Fort Pitt we know how important it is to stay up-to-date with current trends in the space. In conjunction with upcoming seminars we’re holding surrounding plan sponsors and 401(k) plans, we will be doing a short blog series on critical questions that plan sponsors need to consider, with their clients in mind, to ensure[...] Continue reading

Financial Advice for the Powerball Winner(s)

There has been no shortage of news surrounding the recent record Powerball jackpot. Our Charlie Smith was included in a Pittsburgh Tribune-Review article offering advice to the potential winner and Mike Blehar was on WPXI-TV doing the same. Countless hopeful Americans went to sleep the night before the drawing dreaming about what they would do with their newfound[...] Continue reading

Pre-Travel Measures: Stay Secure on the Road!

If you’ll be on the road for holiday travel, you’ll find this month’s cybersecurity post to be helpful. Our latest update, courtesy of the SANS Institute, focuses on staying secure on the road. Some simple pre-travel measures can go a long way when connecting to the Internet and getting things done while traveling. Take the precautions below to stay secure on the[...] Continue reading

4 Steps to Dealing with a Corporate Merger That Impacts You

Corporate merger activity has seen a notable increase in Central Pennsylvania as of late.  The activity in the banking sector has been robust; Integrity Bank, Susquehanna Bank, and Metro Bank to name a few. However, the recent Rite Aid merger has really garnered the focus of the local merger and acquisition landscape. The majority of the media coverage surrounding a[...] Continue reading

What does a Fed rate increase mean?

  The Federal Reserve raises or lowers the Fed funds rate in order to either increase or slow down the rate of growth in the U.S. economy. The Fed funds rate is the rate member banks charge each other for the use of excess reserves. This rate trickles down to what banks then charge for loans such as car loans, mortgages, credit cards, business loans and other[...] Continue reading