Woomer joins Fort Pitt Capital Group from OneAmerica Financial Partners, where he served as a regional sales director. He joined OneAmerica after eight years at Charles Schwab and carries nearly 25 years of collective industry experience.
In the new role, Woomer will provide investment consulting and plan design expertise to plan sponsor clients. He will also assist clients with fiduciary oversight and compliance issues, both for 401(k) and 403(b) defined contribution plans.
“Today, people’s largest asset may no be longer their home, it’s likely their 401(k) or 403(b) plan, making this an extremely important asset to manage,” says Woomer, who will also be contributing to the Fort Pitt Capital Group Blog.
Mike Blehar, managing director and principal of Fort Pitt Capital Group, says the firm can act as an ERISA 3(21) fiduciary adviser and/or as an ERISA 3(38) full investment adviser—arrangements named for the section of the Employee Retirement Income Security Act (ERISA) in which they are described. Woomer will also be responsible for growing this area of the practice, Blehar says.
Fort Pitt Capital Group is an independent, fee-only investment management firm that provides solutions-based portfolio management and consulting. For more information, visit www.fortpittcapital.com.