Fort Pitt gives back

Fort Pitt Capital Group had an exciting month of community involvement in July. Supporting local charitable organizations is a top priority for all members of our firm. Here’s what we’ve been up to… It is the second year of our sponsorship for the Spencer Family YMCA Capital Campaign. The progress being made for facility renovations will help to support local youth[...] Continue reading

Declare Your Financial Independence

As you celebrate Independence Day and all it stands for, we suggest that you also consider your personal financial independence. Everyone, no matter their monetary situation, strives to achieve financial security. It starts with accountability and diligence. Budgeting Not only is it July 4, but it’s also midyear, which is a terrific time to reevaluate where you[...] Continue reading

Rebalancing Act: Portfolio Moves to Keep Pace With Rising Interest Rates

We continue to see positive signs from the U.S. economy. Economic growth remains steady, inflation is contained and employment statistics indicate that the Federal Reserve is making great progress in satisfying its dual mandate of price stability and full employment. Markets are therefore anticipating an end to the “easy money” regime, and it’s likely the Federal[...] Continue reading

Pros & Cons of Annuities

An annuity, from a very basic standpoint, is an insurance contract. Investors give a set amount of money to an insurance company and, if they “annuitize” their contract later in life, they receive guaranteed income until they pass. The vehicle is a low-risk tool that can help bolster retirement plans, however, annuities can often be confusing and misused if the[...] Continue reading

How They Stack Up: Financial Strengths & Weaknesses of Each Generation

Written by: Bill Engel, CFP® | Senior Vice President For a variety of reasons, millennials, generation x, and baby boomers have different weaknesses and strengths when it comes to how well they manage their finances. While one generation may consist of better savers, they may lack the fundamental knowledge of financial markets, and vice versa. Let’s take a look at[...] Continue reading