Fragasso Group Inc.
Fragasso Financial Advisors is an independent, employee-owned, primarily fee-based investment management and financial planning firm headquartered in Pittsburgh, Pennsylvania. Founded in 1972 and majority employee-owned through an ESOP, the firm employs approximately 45-50 professionals. Fragasso serves individuals, families, business owners, institutions, and nonprofit organizations, offering a comprehensive suite of services including retirement planning, estate planning, portfolio management, and business succession strategies. The firm emphasizes fiduciary responsibility, unbiased advice, and long-term client relationships.
Investment Strategy
Fragasso employs a holistic, unbiased, and client-centric investment approach, leveraging a centralized portfolio management team that rigorously researches and constructs diversified portfolios across multiple asset classes. The firm integrates both passive and active strategies, guided by Chartered Financial Analyst (CFA)-credentialed analysts who use a combination of proprietary quantitative models, manager interviews, and third-party research. Their Investment Committee oversees strategic decisions, meeting quarterly to analyze market trends, review portfolio construction, and align investments with client goals, always maintaining fiduciary standards and avoiding proprietary product conflicts.
Latest 13F Filing Activity
Fragasso Group Inc. filed their most recent 13F report on Sep 30, 2025 disclosing 285 equity positions with a total 13F market value of $2B. The fund increased holdings in Ishares TR, Fidelity Covington Trust, Apple Inc. among other positions. Fragasso Group Inc. reduced exposure to Adobe Inc., Ishares TR, Paypal HLDGS Inc. among others.
Top Holdings
Equity Positions (285)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | ISHARES TR | 17.92% | $287.2M | 427,130 | $360.62 | $669.30 | +$29.5M |
F FELC | FIDELITY COVINGTON TRUST | 8.04% | $128.9M | 3,448,937 | $32.08 | $37.27 | +$15.2M |
Q QUAL | ISHARES TR | 6.94% | $111.2M | 566,069 | $151.21 | $194.50 | +$9.4M |
S SCHM | SCHWAB STRATEGIC TR | 5.49% | $88.0M | 2,928,064 | $22.77 | $29.64 | +$6.4M |
F FENI | FIDELITY COVINGTON TRUST | 5.41% | $86.7M | 2,422,295 | $29.57 | $35.28 | +$7.2M |
Industry Allocation
Investment Team (4)
| Name | Role | Location | |
|---|---|---|---|
 | Senior Investment Analyst | Pittsburgh, PA , United States | |
 | Chief Investment Officer | Pittsburgh, PA , United States | |
 | Investment Analyst | Carnegie, PA , United States | |
 | Trader | United States |