Wealth manager, independent · Sewickley, PA
Fragasso Financial Advisors
Fragasso Financial Advisors Inc. · SEC-registered investment adviser · CRD 123255 · SEC 801-77097
At a glance
Fragasso Financial Advisors is an SEC-registered investment adviser based in Sewickley, Pennsylvania, with $2.8B in regulatory assets under management as of its Form ADV filed July 8, 2026. It reports 2,073 individual clients, 758 of them high-net-worth, holding an average of about $1.3 million each, and 35 employees. That ranks it 394th among the nation’s 5,657 independent wealth management RIAs and 31st of 260 in Pennsylvania. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 412-227-3200fragassoadvisors.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.8B
- Rank among independent wealth managers
- #394 of 5,657
- Rank among all SEC RIAs
- #2,933 of 17,210
- Rank in Pennsylvania
- #31 of 260
- Individual clients
- 2,073
- High-net-worth clients
- 758
- Accounts
- 5,753
- Discretionary
- 100% of AUM
- Employees
- 35
- Advisory staff
- 28
- Offices
- 4
Owners and executives on its Form ADV
- Daniel J. DingusPresident
- James P. DankoChief Compliance Officer
- Christine L. ErimiasChief Financial Officer and Chief Operating Officer
- Christine E. RobinetteChief Executive Officer
- Brianne D. KingExecutive Vice President, Wealth Planning
- Marsha M. PossetChief Marketing Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Fragasso Financial Advisors is a hybrid RIA: 18 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed July 2026) names Private Client Services as the broker-dealer its advisers are registered with.
However, as also noted above, certain advisory representatives of FFA are registered representatives of PCS , an SEC 16 registered broker/dealer and member of the Financial Industry Regulatory Authority and may have occasion to recommend no
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 758 | $2.3B | 80% |
| Individuals | 1,315 | $469M | 17% |
| Charitable organizations | 36 | $57M | 2% |
| Pension and profit sharing plans | 83 | $43M | 2% |
| Corporations or other businesses | 13 | $7M | <1% |
Disciplinary disclosures
Fragasso Financial Advisors reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗fragassoadvisors.com ↗
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The full record on Fragasso Financial Advisors
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,419 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Pennsylvania
All of Pennsylvania →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Vicus Capital, Inc.State College | $3.0B | 6,170 |
| Rockwood Wealth Management, LLCNew Hope | $2.9B | 918 |
| Key Financial, Inc.West Chester | $2.8B | 1,409 |
| RTD Financial Advisors IncPhiladelphia | $2.7B | 719 |
| McAdam LLCRadnor | $2.7B | 5,538 |
| Jacobi Capital Management, LLCPittston | $2.6B | 2,900 |
Background
Questions
How much does Fragasso Financial Advisors manage?
Fragasso Financial Advisors reports $2.8B in regulatory assets under management across 5,753 accounts, 100% of it on a discretionary basis, on its Form ADV filed July 8, 2026.
How many clients does Fragasso Financial Advisors have?
It reports 2,073 individual clients: 758 high-net-worth individuals and 1,315 other individuals. Individuals account for about 96% of its regulatory assets.
Where is Fragasso Financial Advisors headquartered?
Its main office is in Sewickley, Pennsylvania. It reports 4 offices in total and 35 employees, 28 of whom perform investment advisory functions.
How does Fragasso Financial Advisors charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Fragasso Financial Advisors use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed July 8, 2026, it reports these amounts held: Charles Schwab ($2.5B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Fragasso Financial Advisors a hybrid RIA with a broker-dealer?
Fragasso Financial Advisors is a hybrid RIA: 18 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Fragasso Financial Advisors a fiduciary?
As an SEC-registered investment adviser, Fragasso Financial Advisors owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 18 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Fragasso Financial Advisors’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-08), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →