Private Wealth Management Services
Fort Pitt Capital Group offers private wealth management services for ongoing support. We understand that your priorities evolve over the course of your financial life. Our team wants to manage your assets and investments, so they provide stability and security to you and your family for years.
When you communicate your financial goals to us, we offer you our expertise in fields like retirement planning, asset coordination, and intergenerational investment planning. We customize our financial advice and plans to serve your individual needs and align with your unique goals.
Retirement Income Management
Retirement income management is a way to turn your asset structure into a consistent, viable income after you’ve retired. This service appeals to clients who hire a wealth management firm to plan for their retirement. The revenue comes from taking parts of the client’s portfolio at a regular interval for stress-free income.
Fort Pitt follows your lead and considers what parts of your plan we could alter. If your needs change, we’ll adapt your strategy to meet them. We’ll focus on maintaining your future financial security so you can enjoy retirement.
Comprehensive Asset Coordination
Private wealth management firms know that your investment portfolio is one aspect of your net worth. Financial advisors will organize your assets, so you have a consistent income. Comprehensive asset coordination focuses on liquidity, which is the availability of your money. A wealth management company leaves some assets to grow for sustainable wealth preservation. Two other priorities during asset coordination are tax-efficiency and reducing risk.
While some private wealth management services take place over a brief period, most are ongoing. Comprehensive asset coordination is a long-term partnership.
Intergenerational Investment Planning
Transferring wealth between family members requires a personalized plan. Some families know what they want even before they contact a private wealth management company. Others hold off on having the conversation as long as possible. This process usually requires financial advisors and professional advisors from other industries. Together, we’ll create a plan that serves the best interests of your extended family. Some family members pass their wealth to charities and other organizations, which a wealth management firm can also manage.
More Benefits of Working With Fort Pitt
The wealth management team at Fort Pitt does what is best for you as part of our dedication to excellent client service. Our individualized solutions celebrate differences and welcome clients from different industries. We have the experience to create money management strategies that our clients love and impress them with our attention to detail. We believe in transparency and keeping clear lines of communication with our clients. You’ll know how our strategies are performing.
Wealth management has close connections with other professional advisory services. Fort Pitt’s commitment to client service means we’re focused on financial advice. Our team will do what we can to connect you with experts like accountants and attorneys if you want to supplement our services.
Are you interested in learning more about working with a private wealth management firm for a financially secure future? Contact Fort Pitt Capital Group today.
Individual wealth management is a personalized financial service designed for high-net-worth individuals (HNWIs) and their families. It provides a comprehensive approach to managing all aspects of an individual’s financial life, with the primary goal of growing and preserving their wealth.
Financial Planning: Wealth managers work closely with clients to develop tailored financial plans that address their specific needs and goals. This includes:
Retirement Planning: Creating strategies for income generation and lifestyle maintenance in retirement.
Education Planning: Funding children’s or grandchildren’s education expenses.
Estate Planning: Developing plans to minimize taxes and ensure a smooth transfer of assets to heirs.
Investment Management: Wealth managers handle their clients’ investment portfolios. Their services encompass:
Asset Allocation: Determining the right mix of stocks, bonds, real estate, and other assets based on your risk tolerance and goals.
Security Selection: Choosing specific investments that align with your strategy.
Portfolio Monitoring and Rebalancing: Adjusting the portfolio as market conditions or goals change.
Tax Planning: Developing strategies to minimize tax liabilities on income, investments, and estates. This can be especially complex for HNWIs.
Risk Management: Identifying potential risks to your wealth (market volatility, lawsuits, etc.) and implementing strategies to mitigate those risks.
Insurance Planning: Assessing your needs for life, disability, and long-term care insurance to protect your assets and income.
Philanthropic Planning: Helping clients structure charitable giving in a tax-efficient manner to support the causes they care about.
Personalized Service: You receive a dedicated advisor supported by a service team who understands your unique situation and goals.
Expertise: Wealth managers are highly skilled financial professionals with extensive experience in various financial disciplines.
Holistic Approach: Your finances are addressed as a whole, not just your investment portfolio.
Peace of Mind: Knowing your wealth is in the hands of experienced professionals allows you to focus on other important areas of your life.
Fort Pitt Capital Group’s personalized solutions help our clients achieve financial success.
The result? Peace of mind.
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