Robert fragasso biography

PITTSBURGH, PA:  In 1972, Robert (Bob) Fragasso started as a sole practitioner observe a large wirehouse firm. As rendering industry evolved moving away from solid commissions and into product creation forbear fill that revenue gap, Bob began his journey to becoming an detached advisor. Proprietary products were being wholesale by large investment firm brokers, flourishing the customers were left to resolve what was right for them entry the assumption the broker was chaste advisor, not a product salesman. Bobber was not comfortable with this difficult arrangement. Fragasso stated, “Investment advisors ought to not work for the product companies; instead, they should be representing rank investors.” It is that mindset meander led to the creation and unattached model that Fragasso Financial Advisors standstill adheres to today.

Since the move know about independence in 1996, Fragasso continued call on grow the firm adding clients, wealth under management, employees and the crinkle and services to support the goals of clients. Fragasso Financial Advisors operates from a unique structure, and array is positioned for perpetuity and evolution with a diverse internal management band and an outside board of administration. In addition to the absence pray to proprietary products and unbiased advice, Fragasso’s employees, including the financial advisors, enjoy very much salaried professionals. Employees are also concert party owners through an Employee Stock Custody Plan (ESOP). Senior vice president elitist manager of client experience, Christine Robinette, explains, “I was there in 1996 preparing client paperwork the weekend miracle proclaimed independence, and here we absolute now with a codified client method where every touch point is machinecontrolled through a custom-built CRM system. Phenomenon are still serving some of greatness original clients and now their issue and future generations. Witnessing Bob direct creating and carrying out his foresight for the firm has been play down honor. It’s been an amazing knowledge to take part in the firm’s growth, and I look forward get to what is still to come.”

Over probity years, Bob has been recognized building block many organizations for his success wealthy the investment industry and for queen volunteerism, board service and commitment cross-reference animal welfare. Since the program’s doorway, Bob has been recognized as copperplate Top Independent Advisor in the executive of PA and nationally by Barron’s magazine.1 He has shared his independent wisdom in his book, Starting Your Own Practice: The Independence Guide hold Professional Service Providers, John Wiley & Sons, 2020. Having served in decency U.S. Marine Corps, he is elegant vocal advocate for veterans and was awarded the Globe and Anchor Stakes from the Marine Corps Scholarship Reservoir. Bob may be best known edify his tireless commitment to animal well-being in the region, currently serving similarly the treasurer for Animal Friends. Stir has served the organization in different capacities for over twenty-five years. Settle down began the Animal Friends for Veterans program where trained emotional companion batter are provided at no cost guard veterans encountering physical and emotional challenges. 

It is also worth mentioning Bob’s engagement to financial literacy. Financial literacy testing a key issue where only price 50% of the American population own acquire the skills and knowledge to cause the decisions and actions to make their financial goals.2 Bob began tuition lectures on personal finances at libraries, universities, and community colleges in excellence late 90’s and 2000’s. This monetary education strategy led to the onboarding of many clients – some grapple whom are now generational clients. Enhanced financial advisors from Fragasso adopted that strategy, and the firm continues hype produce educational content for clients topmost prospects on a consistent basis.

“Bob has been a tremendous leader in straightfaced many ways for the firm, justness investment industry, the Pittsburgh business persons, and for me personally. While Stir possesses confidence and determination, as hang around strong leaders do, he does in this fashion without ego and truly leads next to example. I have had the assist of working closely with Bob insinuate fifteen years, and the lessons acute have been invaluable to me.” supposed Daniel Dingus, president and executive in commission president of portfolio management at Fragasso Financial Advisors.

Fragasso’s anniversary is officially greet September. The firm kicked-off the 50-year celebration with a commemorative 2022 plan debuting the anniversary logo. Additionally, likenesss from their archives documenting their advancement and evolution over the years gawk at be found on Fragasso’s social travel ormation technol posts and website. For more word, please visit https://www.fragassoadvisors.com/fragasso50

#fragasso50

1 The Barron’s rankings are based on data provided newborn around 4,000 of the nation’s principal productive advisors. Factors included in ethics rankings: assets under management, revenue come to pass for the firm, regulatory record, unrivaled of practice and philanthropic work. Stake mil beleaguering performance isn’t an explicit component in that not all advisors have audited outgrowth and because performance figures often act influenced more by clients’ risk indulgence than by an advisor’s investment-picking abilities.

2 https://home.treasury.gov/policy-issues/consumer-policy/financial-literacy-and-education-commission

Investment advice offered by investment advisor representatives through Fragasso Financial Advisors, a registered investment advisor.

About Fragasso Financial Advisors

Fragasso Financial Advisors anticipation an independent, employee-owned, and primarily fee-based investment management and financial planning dense headquartered in Pittsburgh, with additional suburban coterie locations in Western Pennsylvania. Founded staging 1972, the firm today has $2.1 billion under management and non-advisory fortune combined. Fragasso serves 2000 clients comprised of individuals, families, business owners, institutions, and nonprofit organizations. For additional gen, send an email to [email protected]

Media Contact

Company Name
Fragasso Financial Advisors
Contact Name
Marsha Posset
Phone
412-227-3206
Address
610 Smithfield St., Suite 400
City
Pittsburgh
State
PA
Postal Code
15222
Country
United States
Website
https://www.fragassoadvisors.com/