Our Story

    Allegheny Financial Group — Pioneers of Financial Planning in Pittsburgh

    Allegheny Financial Group is an SEC-registered investment advisory firm offering clients assistance in every aspect of financial life, including financial planning, portfolio management, market analysis, risk management, and business and estate planning. Successfully bringing together and leveraging expertise in all of these areas, Allegheny Financial Group is one of the most comprehensive providers of integrated financial services in the nation.

    Who We Are

    • 01

      Founded in 1976, Allegheny Financial Group is a pioneer in Pittsburgh’s financial planning industry.

    • 02

      Earn client trust through the highest degree of personal attention, specialized knowledge, and first-rate market research.

    • 03

      Together, Allegheny Financial Group and Allegheny Investments advise on an excess of $5.7 billion in client assets with an experienced and professional staff for comprehensive financial planning, research and analysis, and compliance.

    • 04

      An independent firm that is not tied to any specific product or company, resulting in the freedom to select any investment.

    • 05

      Privately owned by financial planning professionals.

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      SEC Registered Investment Advisors.
    Our History
    Allegheny was established in 1976 by James J. Browne, CFP®, and the late James D. Hohman, CFP®, as a fee-based financial planning firm. These two men saw a need in the marketplace to provide objective, comprehensive advice not tied to specific products. For over 45 years, this has been a key piece to the Allegheny culture and ethics.

    In 1977, Allegheny Investments was established as a broker/dealer division to broaden access to products and services and provide an avenue for like-minded financial professionals to collaborate with Allegheny Financial Group and provide services independent of products.

    In the following years, Allegheny added a formal Investment Research group and expanded our team of financial planning analysts to help with the workload. We also established the Pittsburgh chapter of the predecessor organization to the Financial Planning Association.

    Allegheny Investments operated as a dually-registered introducing broker-dealer (B-D) and as a registered investment advisory firm (RIA) until 2025, when we exited the broker-dealer space to focus solely on fee-only financial planning.
    Allegheny Financial Group Founders, James Browne and James Hohman
    Allegheny Financial Group Founders, James J. Browne, CFP® and the late James D. Hohman, CFP®
    In Memory of James “Jim” Hohman, CFP® | August 27, 1937 - April 29, 2022
    Beginning his professional career in life insurance sales, Jim Hohman realized the importance of fiscal planning for all of the events of life. With an emphasis on retirement planning, Jim was inspired to co-found Allegheny Financial Group/Allegheny Investments and become a pioneer in Pittsburgh’s wealth management industry. Jim received numerous awards for his work and had been repeatedly recognized as one of the best Financial Advisors in the nation. Jim was considered to be family by his clients and was highly respected by his colleagues for his integrity and pragmatic nature; many of them consider him to be their mentor.