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Pittsburgh Smart 50 Awards

Robert Fragasso has been selected as one of 2022 Smart 50 Award honorees. Since 2014, the Pittsburgh Smart 50 Awards recognize the top executives of the 50 smartest companies in the Greater Pittsburgh region presented by SmartBusiness magazine.

Smart 50 Awards recognize the top 50 companies in the greater Pittsburgh region for their ability to effectively build and lead savvy organizations. Eligible Smart 50 nominees must be a top executive of an organization with a physical office in the Greater Pittsburgh region. A written application was submitted highlighting their achievements. The nominees were selected by a panel of judges.

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Investment News Best Places to Work for Financial Advisors

Ranked No. 13 in the mid-sized company category in the nation, March 2023.

Fragasso has been honored for the 6th consecutive year! We have ranked No. 2 in the mid-size company category. The surveys are collected from firms across the nation and only 75 make the list!

Winners are selected from a two-part survey completed by employers and employees. Employers report their organization’s workplace policies, practices and demographics, and employees complete a survey designed to measure the employee experience. Scores from the employee survey represent three-quarters of the weight of the final rankings.


Pittsburgh Business Times’ Largest Pittsburgh-Area Money Managers

Fragasso Financial Advisors was ranked #16 in Sept 2022 on the Pittsburgh Business Times’ Top Money Managers List.

Firms were ranked by the number of registered representatives. Information was obtained from individual firms and firm websites and could not be independently verified by the Pittsburgh Business Times.

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Pittsburgh Business Times Best Places to Work Milestone Award

2022: Gold Medal for the Milestone Award
2023: Rank No. 8 in Western PA medium-size company

Fragasso Financial Advisors was recognized with the Milestone Award for ranking in the Best Places to Work program for 15 years – the most awarded firm since the program’s inception! The firm was most recently ranked No. 8 in the medium-size category.

The results of Best Places to Work are based on an online survey of employees, which was conducted in 2022. Companies are surveyed on a variety of factors ranging from employee job satisfaction to salary satisfaction to perspectives on management. Small companies have between 10 and 24 employees, medium 25-49, large 50-149 and extra-large 150-plus.

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TribLive Best of the Best Community Choice Award

Ranked No. 1, Financial Planner Category 2022

Fragasso Financial Advisors ranked #1 Pittsburgh North, Financial Planner category in 2022. These awards celebrate and recognize the best our community has to offer. Only the top businesses in each category made it to the final voting stage.

First, readers submit nominations to identify the top 3 local businesses in each category. Then, readers vote from these finalists to name the Best of the Best in each category.

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Forbes Best-In-State

Ranked No. 4 in PA, 2019

Forbes ranks Fragasso Financial Advisors No. 4 in the state of PA on its 2018 State-By-State Wealth Advisors List.The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings.

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Barron’s America’s Top 1,200 Independent Advisors

Fragasso Financial Advisor’s founder, chairman and CEO Robert Fragasso ranks # 1 in Western PA, March 2022. Fragasso ranked No. 1 in Western PA for 3 years running and ranked # 4 in the state in 2022.

The rankings are based on data provided by around 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities.

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Barron’s America’s Top 100 Independent Advisors

Rank No. 1 in Western PA, 2022

Fragasso Financial Advisors ranked No. 1 in western Pennsylvania for 3 years running! In 2022, Fragasso ranked No. 3 state-wide.

The rankings are based on data provided by around 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities.

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Pittsburgh Business Times Fast 50

Rank No. 8, $10 – $20 Revenue Category, Aug 2022
Rank No. 49 overall in the Pittsburgh Business Times Fast 50

This award recognizes companies that have experienced exceptional growth between 2019 and 2021. To be considered for the program, participants must be a locally owned, for-profit corporation, proprietorship or partnership with headquarters in the Pittsburgh region. Companies must be based in western Pennsylvania, and dependent divisions of larger companies cannot be part of the program (they must be wholly independent companies). Disclose revenue growth over a three-year period between 2018 and 2020.

Finalists must have at least $2 million in revenue in 2018 to qualify for the 2021 award. Revenue reported for this nomination may be reviewed by a third-party accounting firm for accuracy and/or we may ask company executives to sign off verifying their revenue numbers are accurate. Finalists must be willing to participate in this verification process in order to qualify for the program. Honorees will be chosen based off of revenue growth over the three-year period between 2018 and 2020.

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Barron’s Hall of Fame Advisors

September 26, 2019 – Fragasso Financial Advisors’ founder, chairman and CEO Robert Fragasso honored

The Barron’s Hall of Fame Advisors list honors financial advisors who have been ranked 10 or more years on one of the following lists: Barron’s Top 100 Financial Advisors, Barron’s Top 100 Independent Advisors or Barron’s Top Women Financial Advisors. Under Robert Fragasso’s leadership, the firm has grown to employ nearly 50 professionals across five locations in the Pittsburgh region. Fragasso Financial Advisors has $1.4 billion under management and non-advisory assets combined.

Barron’s listings are based on data compiled by many of the nation’s most productive advisors, which is then submitted and judged by Barron’s. Key factors and criteria for each award include assets under management, revenue produced for the firm, regulatory and compliance record and years of professional experience.

Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results from investment advisory services, nor should it be construed as a current or past endorsement of any of the firm’s clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers.

Award for Forbes America’s Top RIA Firms

Forbes America’s Top RIA Firms

Ranked No. 76, October 2022

The inaugural Forbes/Shook Top RIA list has 100 advisory firms with cumulative assets of $730 billion. All are helmed by professionals who have decades of experience, not to mention proven track records of seeing clients through market turmoil and preserving their wealth. Forbes’ list was compiled by SHOOK Research, which uses quantitative and qualitative data, including interviews, to rank member firms.

Ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerance vary, and advisors rarely have audited performance reports. Neither SHOOK nor Forbes receive compensation in exchange for its Registered Investment Advisor Firm placements or rankings, which are determined independently. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor or firm and not indicative of future performance or representative of any one client’s experience. Investors must carefully choose the right advisor or firm for their own situation and perform their own due diligence. Past performance is not an indication of future results. SHOOK is a registered trademark of SHOOK Research, LLC.

Top Financial Advisor in Pittsburgh

Best Financial Advisors in Pittsburgh by identifies all the potential providers in a community using public databases and customer referrals to collect an exhaustive list of local businesses, checking their availability and service areas. Each business’ qualifications are verified by professional licenses or certifications to find providers who have gone above and beyond to educate themselves in their area of expertise. Public records are reviewed to determine each provider’s reputation. Every provider is analyzed based on the number of professional databases reviewing them, their average review score, and the volatility of their ratings.

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