The Fragasso Group Inc. is a large advisory firm based in Pittsburgh. It manages $830.51 million of regulatory assets for 2,700 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Connecticut, and 14 other states.
The Fragasso Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Fragasso Group Inc. is $830.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 604% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Fragasso Group Inc. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
James Paul Danko joined the executive team most recently as the Chief Compliance Officer.
The principal office where The Fragasso Group Inc. performs its advisory services is located at 610 Smithfield Street, Pittsburgh, PA 15222, which is also the mailing address of the firm. An additional office of the firm is in Wexford, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 412-227-3200 or by fax 412-227-3210. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at fragassoadvisors.com.