Fort Pitt, which joined Focus as a partner firm in 2015, has a team that has been dedicated to delivering comprehensive financial advice to clients for nearly three decades. Fort Pitt has a holistic approach to fiduciary wealth management and is committed to providing clients with outstanding service and tailored portfolio management solutions.

Through this transaction, Fort Pitt will gain access to Kovitz’s extensive suite of tools and expanded investment capabilities. Kovitz will be joined by Fort Pitt’s talented leadership team and growth-oriented advisors. Upon completion of this transaction, Fort Pitt is expected to add approximately $5.9 billion, measured as of June 30, 2024, to Kovitz’s regulatory assets under management.

“Since 1995, our team has grown tremendously in both the employees we support and the clients we are fortunate to serve,” said Theodore Bovard, Founding Partner and CEO of Fort Pitt. “Becoming a part of Kovitz will be the latest milestone in our ongoing mission to expand and enhance our capabilities, which will enable us to better meet the complex and evolving needs of our clients.”

“At its core, Fort Pitt is a firm committed to putting its clients first; and this key tenet of their business has helped them attract top talent that excels in delivering meaningful investment and financial planning services,” said Mitchell Kovitz, CEO of Kovitz and Vice Chairman of Focus. “We are thrilled to have this talented team join our firm and look forward to gaining access to even more capabilities and expertise for our own clients.”

“Fort Pitt and Kovitz are two firms that have long, proven track records of client service excellence,” said Michael Nathanson, CEO of Focus. “We are excited about what their teams will accomplish together as they expand Kovitz’s presence nationally and into the Pennsylvania wealth market.”

# # #

About Focus Financial Partners Inc.

Focus is a leading partnership of fiduciary wealth management firms and related financial services firms. Focus provides access to best practices, resources, and continuity planning for its affiliated firms, which serve individuals, families, employers, and institutions with comprehensive financial services. Focus firms benefit from the synergies, scale, economics, and best practices offered by Focus to achieve their business objectives. For more information about Focus, please visit www.focusfinancialpartners.com.

About Kovitz Investment Group Partners, LLC

Kovitz is an investment adviser headquartered in Chicago, IL. Kovitz provides investment and wealth management solutions to high net worth individuals, institutions, and private funds. Kovitz has been part of Focus since 2016. For more information about Kovitz, please visit www.kovitz.com.

About Fort Pitt Capital Group, LLC

Fort Pitt is an investment adviser that provides trusted, strategic investment and wealth management solutions to both individuals and institutions. Tracing its origins back to 1995, Fort Pitt’s philosophy has remained steadfast: preserve capital while maximizing growth and income. Earning and keeping their clients’ trust is central to the Fort Pitt team. For more information about Fort Pitt, please visit www.orchid-ibex-388317.hostingersite.com.

Media Contact

Prosek Partners pro-focusfinancial@prosek.com

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To see the full list, click here.

We are thrilled to be a part of this ranking, and we thank our clients for their trust and support in our work.

Rankings and recognitions by unaffiliated publications should not be construed by a client or prospective client as a guarantee that Fort Pitt Capital Group will provide a certain level of results in client accounts, nor should they be construed as current or past endorsements of Fort Pitt by clients. Fort Pitt does not participate in pay-to-play awards programs; however, rankings published by magazines and others are generally based exclusively on information prepared and/or submitted by the recognized advisor. Past results are not indicative of future results. Please click on each link above for more details on ranking factors, methodology, and overall recognitions received by Fort Pitt.

The post Fort Pitt Capital Group Recognized on Pittsburgh Business Times 2024 Largest Money Managers Ranking appeared first on Fort Pitt Capital Group.

To see the full list, click here.

We are thrilled to be a part of this elite ranking and we thank our clients for their trust and support in our work.

Rankings and recognitions by unaffiliated publications should not be construed by a client or prospective client as a guarantee that Fort Pitt Capital Group will provide a certain level of results in client accounts, nor should they be construed as current or past endorsements of Fort Pitt by clients. Fort Pitt does not participate in pay-to-play awards programs; however, rankings published by magazines and others are generally based exclusively on information prepared and/or submitted by the recognized advisor. Past results are not indicative of future results. Please click on each link above for more details on ranking factors, methodology, and overall recognitions received by Fort Pitt.

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Pittsburgh, Pennsylvania, August 07, 2023 – Fort Pitt Capital Group has been awarded a Top Workplaces 2023 honor by Pittsburgh’s Top Workplaces. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey uniquely measures 15 culture drivers that are critical to the success of any organization: including alignment, execution, and connection, just to name a few.

“Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That’s something to be proud of. In today’s market, leaders must ensure they’re allowing employees to have a voice and be heard. That’s paramount. Top Workplaces do this, and it pays dividends.”

Fort Pitt Capital Group is built on a solid foundation of values, including, ‘We are all in this together’. We help and support each other, sharing ideas regardless of hierarchy. Every person is an essential piece of the puzzle.

About

Our mission is to lead every client to financial security by providing exceptional client service and advice with our customized, in-house portfolio management.

Fort Pitt Capital was formed in 1995 when the financial services industry was fraught with conflicts of interest. Even today, many investment management firms push products and revenue rather than honoring their fiduciary responsibility.

It was in this landscape that our founders established something different. Earning and keeping your trust is central to everything we do at Fort Pitt Capital Group. Since our founding, we’ve committed to holding ourselves to exceptionally high ethical standards.

Company Contact:
Fort Pitt Capital Group
mmetz@orchid-ibex-388317.hostingersite.com, 412-921-1822

About Energage

Making the world a better place to work together.^TM

Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 17 years of culture research and the results from 27 million employees surveyed across more than 70,000 organizations,  Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.

*The award is not an endorsement of Fort Pitt’s advisory services, and the results have no bearing on any client relationship with Fort Pitt or its employees. It was solely based on our participation in a free survey.

The post FORT PITT CAPITAL GROUP A WINNER OF THE GREATER PITTSBURGH TOP WORKPLACES appeared first on Fort Pitt Capital Group.

These changes will allow Charlie Smith, a founding partner of Fort Pitt and current Chief Investment Officer, to retire from day-to-day management on June 30, 2022, while remaining in a consulting role beyond that date.

Fort Pitt has full confidence in Dan Eye and Carter Henderson as they will continue our firm’s investment strategies at the same high level our clients have enjoyed from inception.

You can read the full article here.

The post Fort Pitt Capital Group Announces Staff Promotions and Portfolio Management Transition appeared first on Fort Pitt Capital Group.

Beginning the week of May 31, 2021, BOB FM will ask Veteran Owned Businesses to log onto BOBFM969.com to register. These veterans will share the stories of their service, their businesses, COVID’s impacted and what they do to help other vets returning to the Pittsburgh area. Each week we select one business as the Veteran Owned Business of the week.

This promotion is culminating at the Heinz History Center’s Fourth at the Fort. On July 4, 2021, Fort Pitt Capital Group, the Fort Pitt Museum, Boy Scouts, and local officials will celebrate the annual Fourth at the Fort flag-raising ceremony. Scroll down for more information!

RSVP to the Fourth at the Fort by Completing the Form Below

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That business will record a 3–4-minute interview with morning drive DJ- Steve Rohan, which will air Sunday mornings in the 9 am hour. That business will also be spotlighted in the email newsletters and highlighted on the social media channels of Bob FM and Fort Pitt Capital Group. The business of the week will also receive a complimentary radio schedule to air on BOB 96.9 FM.

This promotion is culminating at the Heinz History Center’s Fourth at the Fort. The event serves as the City of Pittsburgh’s kick-off to the Fourth of July holiday by raising a 36-foot Garrison American flag in Point State Park. The ceremony will start with a reading of the preamble, conclude with the singing of the National Anthem, and will be followed by a family-friendly afternoon of living history demonstrations. All the veterans who signed up for Operation Support Veteran Owned Business are invited to participate. Following the flag-raising ceremony, Fourth of July revelers of all ages can enjoy an afternoon of patriotic living history. Visitors can throw tomahawks, learn about Fort Pitt and Western Pennsylvania’s role in the American Revolution, and see costumed interpreters reenact 18th-century life at Fort Pitt. The flag ceremony and living history demonstrations are free. More information here.

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Below, we highlight recent achievements and developments at our firm:

From a growth standpoint, we have added seven new employees over the last 12-15 months.  This includes one advisor, Beth Lynch, who joined us in January of 2018. We also had two employees pass industry certifications. Kudos to Don on passing his CFA and Leigh for passing her FPQP!

In addition, we added over $245 million in new assets, bringing us to $2.5 billion in assets under management. Due to our success, we received an award at our parent company’s Focus Financial conference, which recognized our firm for most consistent organic growth over the last three years.

From an operations standpoint, we had many exciting initiatives and projects taking place that came to fruition. Not only did we create our Facebook page (big thanks to our loyal followers!), but we also extended our office space to include eight new offices, two conference rooms, and a larger kitchen. Furthermore, we started a monthly internal training program that we are excited about, which brings together all employees to discuss different areas of expertise. These hour-long “Fort Pitt Lunch & Learns” have covered topics like rules of investing, bonds 101, stocks 101, and a deep dive into the back office. While these sessions are informative, we’ve found they also increase communication, content sharing and knowledge of the overall industry. On top of all that, we initiated our Fort Pitt Alliance, an internal cultural committee that focuses on team building activities, training, and charity opportunities.

As far as 2019 goes, we already have several software updates that we plan to roll out, so we’ll be sure to update our Ramparts readers with more exciting details there.

As always, we are looking forward to a successful rest of 2019 and want to thank all of our clients, Ramparts readers, and industry peers for turning to us for insight and financial guidance.

Stay tuned for more exciting news to come throughout 2019…

The post Inside the Fort: A look back and look forward appeared first on Fort Pitt Capital Group.

Barron’s annual methodology considers factors such as assets under management, revenue generated by advisors for their firms and the quality of the advisors’ practices.

Mike and Ted have both made the prominent list in previous years, including 2018, and we are proud that their dedication and commitment to clients is being honored!

Congrats to you both!

Click here for the 2019 results: https://www.barrons.com/report/top-financial-advisors/1000/2019?mod=article_inline

Rankings and recognitions by unaffiliated publications should not be construed by a client or prospective client as a guarantee that Fort Pitt Capital Group will provide a certain level of results in client accounts nor should they be construed as endorsements of the products and services offered by Fort Pitt and its employees.

The post Barron’s Top Advisors: PA – Mike Blehar and Ted Bovard recognized (again!) appeared first on Fort Pitt Capital Group.

Outreach is a local non-profit community-based counseling agency providing professional, confident and affordable counseling to young people and their families. Years ago, Fort Pitt became involved with Outreach after learning about the tremendous work it does for teens and families in the area, making a true difference in people’s lives. Mike notes that Outreach is an important organization to support because often families don’t have the skill and patience necessary to provide the type of support and counseling that these kids need. The organization provides a solution, a safe atmosphere and has made an amazing contribution to the community by being there for those in need.

Click here to read the full Q&A in the November 2018 newsletter.

The post Inside the Fort: Outreach Teen & Family Services appeared first on Fort Pitt Capital Group.

Fort Pitt Capital Group is excited to announce their sponsorship role in the 2019 Vetrepreneur of the Year Award for the second year in a row. This prestigious award is presented to a Pittsburgh area veteran business owner with strong character, who allows the company to prosper, and cultivates growth and success. Although this award has been presented to veterans for over 10 years nationally, this will be the second consecutive year a Pittsburgh veteran will be recognized specifically.

This year, the award will be presented to the recipient in the spring of 2019. In order to be eligible, nominees must be a U.S. military veteran business owner who actively runs a business in the Greater Pittsburgh area. To nominate a veteran business owner for this award, visit https://www.buyveteran.com/voy and submit a nomination by December 31, 2018.   

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