HomeResource OverviewNews

News

Fragasso Financial Advisors management and staff are often quoted by local and national media.  Below are our recent media posts.

Pittsburgh Business Times : Steelers won’t lack for candidates to snap up an ownership stake

Bob Fragasso quoted on May 17th in the Pittsburgh Business Times. It’s not often that investors get the chance to buy into the Pittsburgh Steelers. But that's expected to change before Memorial Day weekend. “It’s very desirable,” said Robert Fragasso, chairman and CEO of Fragasso Financial Advisors. (subscription required by the Pittsburgh Business Times). Read More

Pittsburgh Business Times : Tax Law Changes Allow Savings for Private k-12

Bob Fragasso quoted on March 1st, 2018 in the Pittsburgh Business Times online and print in “Tax Law Changes Allow Savings for Private K-12”. page 13. Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Prior to investing in a 529 Plan, investors should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds and protection from creditors that are only available for investments in such state’s qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing. All entities referenced are separate and not affiliated with Fragasso Financial Advisors or LPL Financial. Read More

WTAE Interview: Roller-coaster week on Wall Street leaves Pittsburgh investors…

"Wall Street capped a day of wild swings with a late-afternoon rally that sent the Dow Jones industrial average 330 points higher Friday. Even with the rebound, this was the worst week for the market in about two years. Investors were left wondering how to react." The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. Read More

The safe haven of bonds made riskier by ETFs

Robert Fragasso quoted in the Pittsburgh Post Gazette. "Bonds have always appealed to conservative investors looking for a safe place to park some money while still receiving a steady and predictable return. Yet a growing number of investors are steering away from buying individual bonds due to the research required and the high cost of diversifying a portfolio. Instead, they are putting their money in bond exchange traded funds, which invest in many bonds. Some financial advisers believe that might be a riskier move." Read More

Investors Fear for the Future of Passive Investing

Matthew Karr, Fragasso’s Manager of Investment Research, quoted in the Pittsburgh Post-Gazette. Read the full article. Investing in mutual funds, index funds, and exchange traded… Read more

CFO of the Year: Christine Erimias

As CFO and COO of Fragasso Financial Advisors, Christine Erimias handles a lot, from finance to operations, administration to human resources. Read More

Communication is key for financial harmony between spouses

Melissa Richey, executive vice president at Fragasso Financial Advisors, Downtown, hasn’t seen much evidence of people establishing spending benchmarks. “In my experience of 20 years as an adviser, I have never seen a couple come to the table with a defined expectation of what they can spend without consulting the other,” she said. “Couples are not talking about this stuff. They barely have time to eat dinner together as a family, let alone talk about how much money they can spend.”
Read More

Barron’s Top 100 Independent Wealth Advisors includes 3 Pittsburghers

Three Pittsburgh executives were among Barron’s 2016 ranking of the Top 100 Independent Wealth Advisors.
Read More

How the DOL fiduciary rule transforms retirement management

"Clients will need financial guidance and management as never before as baby boomers march inexorably toward their retirements and many are unprepared. Also technological changes are causing our industry to consider its delivery methods, similar to the newspaper industry," Fragasso said. “It’s been in the works for years, and it wasn’t a surprise when it came out. The only surprise was that it was watered down, because there was a level of panic that was setting in over the past year. A lot of models haven’t adjusted,” says Daniel J. Dingus, president and executive director of portfolio management at Fragasso Financial Advisors.
Read More

Fastest Growing Companies: What’s on your mind as you look ahead to the next three years?

"Clients will need financial guidance and management as never before as baby boomers march inexorably toward their retirements and many are unprepared. Also technological changes are causing our industry to consider its delivery methods, similar to the newspaper industry," Fragasso said.
Read More

4 Ways to Protect Your Retirement

Too many people make the mistake of thinking that low inflation is going to continue into the future," Fertig says. "It won't. Inflation has averaged between 3 and 4 percent over the last century and it will average in that range again. We won't see 1 percent inflation long-term and anyone who doesn't account for at least a 3 percent inflation rate will be in trouble 10 and 20 years into retirement."
Read More

Millennials urged to save early, often to meet financial goals

“It's hard to view retirement as something that's reasonable to plan for because it's 30 and 40 years away,” said Hoover, 31, of Downtown-based Fragasso Financial Advisors. “Folks in that age bracket are dealing with a combination of debt, through student loans or a mortgage. They're dealing with young children. All these combine to make people question whether it's reasonable to save.”
Read More

Financial firms embrace all-digital approach to managing retirement assets

Fragasso Financial Advisors is currently the only financial services firm in the Pittsburgh region with plans to provide robo investing. The robo platform at Fragasso is expected to be open to the public by September. Chairman and CEO Robert Fragasso said robo clients will have a choice of either going totally robo or they can request help from one of the company’s financial advisers.
Read More

Financial planners: Prenuptial agreements shouldn’t be a deal breaker in remarriages

“When you start out early and you have very little and you acquire your assets together, then justifiably, they should be shared. But that’s not true when you come to the marriage with assets,” said Robert Fragasso, chairman and CEO of Fragasso Financial Advisors, Downtown.
Read More

Comfortable retirement: $1M is cited standard, but some can do with less

Many people work hard for decades and look forward to travel, a vacation home and pursuing expensive hobbies. Mattiucci said workers with those goals need to work with a financial planner to figure out how to make them possible.
Read More

There’s a lot of work that goes into owning a vacation home

Pittsburgh financial adviser Robert Fragasso, chairman and CEO of Fragasso Financial Advisors, Downtown, said that often when clients go on vacation to the beach or mountains, they have such a great time, they will come home and ask him if they can afford to buy a home there.
Read More

Find out how our approach can help you pursue your financial goals!

Please complete this mandatory field.
Please complete this mandatory field.