First Commonwealth Financial Advisors, Inc. (Pittsburgh)

First Commonwealth Financial Advisors, Inc. is a large advisory firm based in Pittsburgh. It manages $215.82 million of regulatory assets for 131 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Florida and Pennsylvania.

First Commonwealth Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

First Commonwealth Financial Advisors: assets under management

The assets under management (AUM) of First Commonwealth Financial Advisors, Inc. is $215.82 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $500 thousand in discretionary accounts and $215.32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $500 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.66 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Commonwealth Financial Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at First Commonwealth Financial Advisors, Inc.

Joseph E. O'dell has been acting as President since 1 Mar 2002. Mark Edward Lopushansky joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Read Applegate	President, director, ceo	1 Jun 1996	Other	821789
First Commonwealth Financial Corporation	Owner	1 Feb 2002	75% - 100%	25-1428528
John J. Dolan	Vice president, cfo	1 Mar 2002	Other	4520347
David R. Tomb	Secretary, treasurer, director	1 Mar 2002	Other	4520349
E. James Trimarchi	Chaiman of board of directors	1 Mar 2002	Other	4520353
Joseph E. O'dell	Director	1 Mar 2002	Other	4520356
Robert E. Barret	Director	1 Oct 2002	Other	4614859
Ray T. Charley	Director	1 Oct 2002	Other	4614861
Julia E. Cuccaro	Director	1 Oct 2002	Other	4614862
David S. Dahlmann	Director	1 Oct 2002	Other	4614864
Cheryl A. Ebersole	Director	1 Oct 2002	Other	4614868
Alan R. Fairman	Director	1 Oct 2002	Other	4614870
Johnston A. Glass	Director	1 Oct 2002	Other	4614871
Luke A. Latimer	Director	1 Oct 2002	Other	4614873
John A. Robertshaw	Director	1 Oct 2002	Other	4614887
Gerard M. Thomchick	Director	1 Oct 2002	Other	4614888
Dale P. Latimer	Director	1 Oct 2002	Other	4615893
Julie Caponi	Director	1 Apr 2004	Other	5107759
Joseph J. Virostek	Vice president, cco	1 Apr 2005	Other	826142
Karen S. Chiappino	Assistant vice president	1 Apr 2005	Other	2405959
David S. Dahlmann	Chariman of board of directors	1 Jan 2006	Other	4614864
James Merle Knipple	Chief compliance officer	1 Mar 2007	Other	5314178
Edward John Lipkus	Vice president, cfo	1 Mar 2007	Other	4240806
Susan D Schellin	Chief compliance officer, vp	1 Jun 2007	Other	4610750
Thomas Michael Price	Director	1 Nov 2007	Other	5759141
Deborah Louise Robertson	Chief compliance officer	1 Jan 2010	Other	2123802
Matthew C Tomb	Secretary	1 Apr 2011	Other	5986953
Cheryl A Parzych	Director	1 Apr 2011	Other	5987023
Robert E Rout	Treasurer	1 Apr 2011	Other	5987645
James Jude Nardelli	Chief compliance officer	1 Jul 2011	Other	5986388
Victor Michael Dibattista	Cco	1 Jul 2012	Other	2723910
Mark Edward Lopushansky	Director	1 Jan 2013	Other	6173616

Based in Pittsburgh

The principal office where First Commonwealth Financial Advisors, Inc. performs its advisory services is located at Frick Building, Suite 1600, Pittsburgh, PA 15219, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.