Wexford, PA Office

Fragasso Wealth Advisors serves individuals, trusts, corporations and institutional clients including retirement plan sponsors, municipal pension plans, foundations and charitable institutions, managing roughly $3 billion in client assets. The firm offers discretionary asset management, comprehensive financial planning, retirement plan consulting, retirement-asset modeling and other advisory services for both individual and plan clients.

Its investment process is built around a diversified global asset-allocation model managed by an in-house portfolio management team that selects institutional no-load mutual funds, ETFs, alternatives, individual securities and options, stress-tests portfolios, and rebalances quarterly while considering tax implications. Fragasso provides both discretionary program management and non-discretionary retirement-account advice, and it may recommend or delegate to third‑party portfolio managers while retaining oversight and acting as a client contact.

The brochure discloses several less-common features: multiple advisory representatives are licensed CPAs who provide accounting services separate from Fragasso’s advisory business, the firm is majority‑owned through an Employee Stock Ownership Trust, and it participates in custodial referral programs (including the Schwab Advisor Network) while also noting it advertises third‑party ratings. The firm also recently reported a change removing its advisory representatives’ roles as registered representatives of a broker/dealer, and its disclosures emphasize how these affiliations and benefits are managed and disclosed to address potential conflicts of interest.