Fragasso Financial Advisors

Fragasso Financial Advisors provides discretionary asset management, financial planning, and retirement plan consulting to a mix of individual investors (including high‑net‑worth clients), retirement plan sponsors, trusts, corporations, and nonprofit institutions. The firm reports roughly $2.83 billion in discretionary assets under management, serves over 2,000 client relationships, and deploys a team of about 25 advisors across its advisory divisions.

The firm’s investment process centers on diversified global asset allocation guided by a centralized portfolio management group that uses fundamental analysis, quarterly rebalancing, and stress‑testing across economic scenarios. Portfolios draw from a broad toolkit — institutional mutual funds, ETFs, alternatives, structured products, REITs, individual securities and options — and the firm may recommend or monitor third‑party portfolio managers while acknowledging ERISA fiduciary standards when advising retirement plans.

Distinctive features include an ownership structure controlled by an employee stock ownership trust and the presence of advisory representatives who are also licensed CPAs offering separate accounting services; the brochure emphasizes those accounting services are provided apart from FFA’s advisory business and that the firm does not actively solicit clients for those services. The firm also operates multiple advisory brands (including retirement plan and nonprofit advisory names) and discloses common brokerage and referral relationships while describing internal policies intended to manage related conflicts.