The Pittsburgh Foundation

Become a Third-Party Investment Manager

Financial advisor Sam Spanos (right) confers with colleagues Jerry Marsico (leſt) and Mark O’Leary (center) at McGuire Memorial, a nonprofit serving people with mental and physical disabilities. The charity is a favorite of the group. In addition to referring charitably inclined clients to the Foundation, the three advisors have established donor-advised funds of their own.
Financial advisor Sam Spanos (right) confers with colleagues Jerry Marsico (leſt) and Mark O’Leary (center) at McGuire Memorial, a nonprofit serving people with mental and physical disabilities. The charity is a favorite of the group. In addition to referring charitably inclined clients to the Foundation, the three advisors have established donor-advised funds of their own.

Donors often request that contributions be managed by their own financial advisors. In an effort to accommodate these requests, The Pittsburgh Foundation evaluates each potential advisor. A thorough due diligence process is the first step in joining our Third-Party Investment Manager program.

Once it is determined that the advisor has a sound investment approach and is able to manage assets within the guidelines set forth in our Investment Policy Statement, he or she is presented to the Investment Committee for approval. Upon acceptance by the committee and after meeting the initial requirements to be on the platform, the advisor is then authorized to manage assets of The Pittsburgh Foundation.

This reassures donors that their assets continue to be managed by professionals they know and trust, while also rewarding advisors for maximizing an assets’ grant-making potential.

The following local investment advisors are currently approved:

  • Altair Management Partners
  • American Funds
  • B & L Asset Management
  • CooksonPeirce Wealth Management
  • D.B. Root and Co.
  • FNB Wealth Management
  • Fort Pitt Capital
  • Guyasuta Investment Advisors, Inc.
  • Hefren Tillotson
  • Henry Wealth Management
  • Janney Montgomery Scott
  • Marbury Wealth Management
  • Merrill Lynch Trust Company
  • Muhlenkamp & Company Inc.
  • Pentony Capital Management
  • Private Wealth Advisors
  • S&T Bank
  • United Capital Financial Advisers
  • RBC Wealth Management   
  • Shorebridge Wealth Management
  • Snow Capital Management
  • Spanos Group of Raymond James
  • Waldron Private Wealth   
  • Wealth Management Strategies
  • UBS Wealth Management

Interested in our Third-Party Investment Manager program, or a donor who works with an advisor who would like to become approved on our platform?

Contact us by calling 412-394-2630 or contact us via email:

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