Fragasso Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, estate planning, insurance, and tax planning. Financial planning was provided to 2,000 clients last fiscal year.
Fragasso Financial Advisors reports 2,205 clients. They include 1,315 individual clients, 758 high-net-worth individuals, and 83 pension and profit-sharing plans. Of its assets, 100.0% ($2.83B across 5,753 accounts) are managed with discretion. It advised 24 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 60% | 17% |
| High-net-worth individuals | 34% | 80% |
| Pension and profit-sharing plans | 4% | 2% |
| Charitable organizations | 2% | 2% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,315 | $469M | 16.6% | $357K |
| High-net-worth individuals | 758 | $2.26B | 79.7% | $2.98M |
| Pension and profit-sharing plans | 83 | $43M | 1.5% | $518K |
| Charitable organizations | 36 | $56.7M | 2.0% | $1.58M |
| Corporations and other businesses | 13 | $6.63M | 0.2% | $510K |
| Total | 2,205 | $2.83B | 100% | $1.28M |
- Clients
- 1,315
- Regulatory AUM
- $469M
- AUM share
- 16.6%
- Avg. per client
- $357K
- Clients
- 758
- Regulatory AUM
- $2.26B
- AUM share
- 79.7%
- Avg. per client
- $2.98M
- Clients
- 83
- Regulatory AUM
- $43M
- AUM share
- 1.5%
- Avg. per client
- $518K
- Clients
- 36
- Regulatory AUM
- $56.7M
- AUM share
- 2.0%
- Avg. per client
- $1.58M
- Clients
- 13
- Regulatory AUM
- $6.63M
- AUM share
- 0.2%
- Avg. per client
- $510K
Total
- Clients
- 2,205
- Regulatory AUM
- $2.83B
- AUM share
- 100%
- Avg. per client
- $1.28M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 24
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 2000
Fragasso Financial Advisors charges 0.30%–1.25% a year for its Asset Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$1M | 1.00% |
| $1M–$5M | 0.75% |
| $5M–$10M | 0.50% |
| $10M–$20M | 0.45% |
| $20M and above | 0.30% |
Fee details and sources
Other fees
- Investment Account Advisory Services
- Advisory fee on non-retirement assets, blended by tier on the same schedule: 1.25% on the first $500,000, down to 0.30% over $20,000,000.
- Retirement Asset Advisory Services
- Advisory fee on retirement assets, blended by tier: 1.25% on the first $500,000, down to 0.30% on the amount over $20,000,000.
- Retirement Asset Modeling Services
- Flat fee per request: $100 for 0-5 investment choices, $250 for 6-10 and $450 for 11 or more.
Fragasso Financial Advisors, Inc. Employee Stock Ownership Trust owns 50% to 75% of Fragasso Financial Advisors. Christine Robinette is CEO; the leadership team includes President Daniel Dingus, Chief Operating Officer Christine Erimias and Chief Compliance Officer James Danko. It has 35 employees, 28 of them in advisory roles.
Leadership
- Christine RobinetteChief Executive Officer
- Daniel DingusPresident
- Brianne KingExecutive Vice President, Wealth Planning
- Christine ErimiasChief Financial Officer and Chief Operating Officer
- James DankoChief Compliance Officer
- Marsha PossetChief Marketing Officer
Investment adviser representatives
25 representatives listed in the SEC register as of 9 October 2026.
- Richard Joseph Alfera II
- Bernard Elwood Carter JR
- James Paul Danko
- Daniel James Dingus
- Ted William Drost JR
- Michael Edmund Fertig
- Robert Ivano Fragasso
- Michael Hall Godwin
- Brianne Dorothy King
- Mallory Kate Labik
- Karen Lynn Lapina
- Paul Mehno JR
- Liliann Moser
- Nicholas R. Redshaw
- Bryan Michael Reft
- Brian Alan Robinette
- Brandon Xavier Schwan
- Andrew David Silver
- William Gregory Skidmore
- Brent Rhudy Sutherland
- Daniel Spiro Tatomir
- Rachel Weaver
- William Edward Wolfe
- Robert James Yelenovsky
- Serhiy Zayats
Staff
- 35 employees
- 28 in advisory functions
- 18 state-registered reps
- 18 broker-dealer reps
- 16 insurance agents
- 2 soliciting firms
- Owns 50% to 75% of Fragasso Financial Advisors Inc.
Fragasso Financial Advisors, Inc. Employee Stock Ownership Trust
Control person · since May 2022
Robert Fragasso
Trustee · Control person · since April 2016
Daniel Dingus
Trustee · Control person · since June 2022
Christine Robinette
Trustee · Control person · since June 2022
Christine Erimias
Trustee · Control person · since June 2022
- Owns 50% to 75% of Fragasso Financial Advisors Inc.
Fragasso Financial Advisors, Inc.
Control person · since May 2022
- Owns 10% to 25% of Fragasso Financial Advisors Inc.
Fragasso Family Irrevocable Trust Fbo Christine E Robinette
since May 2022
- Owns 10% to 25% of Fragasso Financial Advisors Inc.
Fragasso Family Irrevocable
since May 2022
- Owns 10% to 25% of Fragasso Financial Advisors Inc.
Fragasso Family Irrevocable Trust Fbo Kathleen E Fertig
since May 2022
Kathleen Fertig
Trustee · since September 2020
- Owns 10% to 25% of Fragasso Financial Advisors Inc.
Fragasso Family Irrevocable Trust Fbo Vicki L Fragasso
since May 2022
Vicki Fragasso
Trustee · since September 2020
Fragasso Financial Advisors’ regulatory assets grew 1.7× from $1.68B (March 2021) to $2.83B (July 2026); clients rose from 1,877 to 2,205 and employees from 31 to 35. In 2025, 2 advisory firms and teams joined it. The most recent was Sutherland Wealth Planning (Brent Sutherland), in June 2025.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $2.83B | 2,205 | 35 | 4 |
| April 2025 | $2.42B | 2,126 | 35 | 3 |
| January 2024 | $2.14B | 2,197 | 33 | 4 |
| February 2023 | $1.79B | 2,090 | 36 | 6 |
| February 2022 | $1.95B | 2,011 | 29 | 6 |
| March 2021 | $1.68B | 1,877 | 31 | 6 |
Firms that joined
20252 joined
- Sutherland Wealth Planning (Brent Sutherland)TeamNo filed AUM
- Carter Wealth Strategies (Bernard Carter)TeamNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Fragasso Financial Advisors has 3 offices, with 4 listed addresses in Pennsylvania.
Pennsylvania · 4 listed addresses
- 2200 Georgetown Drive, Suite 302, SewickleyHQ
- 651 Holiday Drive, Pittsburgh
- 3402 Washington Road, McMurray
- 2124 Penn Avenue, Pittsburgh
Other business names
Fragasso Financial Advisors has reported 8 other business names to the SEC.
- Carter Capital Strategies
- Danko Financial LLC
- Fragasso Financial Advisors
- Fragasso Investment Advisors
- Fragasso Nonprofit Investment Advisors
- Fragasso Retirement Plan Advisors
- Sutherland Wealth Management
- The Investment Advisory Group
Contact and registration details
- Legal name
- Fragasso Financial Advisors Inc.
- Headquarters
- 2200 Georgetown Drive, Suite 302, Sewickley, PA 15143
- Phone
- 412-227-3200
- @fragassoadvisors
- SEC file
- 801-77097
- Founded
- 1972
- Structure
- Pennsylvania corporation
- Fiscal year end
- December
Fragasso Financial Advisors uses Charles Schwab ($2.55B) as custodian for its separately managed accounts. Fragasso Financial Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab Corporation · Westlake, TX · $2.55B100%
At year end, Fragasso Financial Advisors’ separately managed accounts were mostly in stocks (67%) and funds (27%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.88B across 361 positions; the largest are iShares TR (17.0%), Fidelity Covington Trust (8.5%) and Schwab Strategic TR (5.6%).
What the accounts hold
- Stocks67%
- Exchange-traded equities66%
- Non-exchange-traded equities1%
- Funds27%
- Bonds2%
- Cash1%
- Other3%
- Structured products3%
Reported 13F holdings
- $1.88B
- Reported 13F value
- 361
- Positions
- 60.8%
- In the 10 largest
- +13.4%
- Value vs. prior quarter
- iShares TR17.0%
- Fidelity Covington Trust8.5%
- Schwab Strategic TR5.6%
- Fidelity Covington Trust5.5%
- iShares TR4.9%
- Harbor ETF Trust4.7%
- Pimco ETF TR4.1%
- Apple Inc.4.0%
- Vanguard Index Fds3.3%
- American Centy ETF TR3.1%
Together, the ten largest are 60.8% of reported value.
How many clients does Fragasso Financial Advisors have?
Fragasso Financial Advisors has 2,205 clients and manages $2.83 billion for them, as of July 2026. They include 1,315 individual clients, 758 high-net-worth individuals, and 83 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 8 July 2026
What services does Fragasso Financial Advisors offer?
Fragasso Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Fragasso Financial Advisors charge?
Fragasso Financial Advisors charges 0.30%–1.25% a year for its Asset Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A FIRM BROCHURE, filed 7 October 2026
Which custodians does Fragasso Financial Advisors use?
Fragasso Financial Advisors’ separately managed account assets are held at Charles Schwab Corporation (Westlake, TX), with $2.55B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 July 2026
How many financial advisors does Fragasso Financial Advisors have?
Fragasso Financial Advisors has 18 investment adviser representatives registered with state securities authorities, out of 35 employees, and 28 perform investment advisory functions. 18 employees are registered representatives of a broker-dealer and 16 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Fragasso Financial Advisors invest in?
At the end of its last fiscal year, Fragasso Financial Advisors’ separately managed accounts held 66% exchange-traded equities, 27% registered funds (mutual funds, ETFs, BDCs), 3% other, 2% investment grade corporate bonds, 1% non-exchange-traded equities and 1% cash and equivalents. The 3% other category is described as: Structured Products.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fragasso Financial Advisors?
Fragasso Financial Advisors’ direct owners are Fragasso Financial Advisors, Inc. Employee Stock Ownership Trust (50% to 75%), Fragasso Financial Advisors, Inc. (50% to 75%), Fragasso Family Irrevocable Trust Fbo Christine E Robinette (10% to 25%), Fragasso Family Irrevocable (10% to 25%), Fragasso Family Irrevocable Trust Fbo Kathleen E Fertig (10% to 25%) and Fragasso Family Irrevocable Trust Fbo Vicki L Fragasso (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 8 July 2026
How does Fragasso Financial Advisors get paid?
Fragasso Financial Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Fragasso Financial Advisors?
Fragasso Financial Advisors’ main office is at 2200 Georgetown Drive, Suite 302, Sewickley, PA 15143. Its phone number is 412-227-3200. Its website is fragassofinancialadvisors.com.