The Story
Hefren-Tillotson was founded in 1948 by Willard J. "Bill" Tillotson, establishing what would become one of Pittsburgh's most trusted financial advisory firms. Nearly 78 years later, the firm manages $6.2 billion in assets with 154 employees serving clients across 47 states from its downtown headquarters on 7th Avenue.
The firm offers portfolio management, financial planning, investment advisory, and business advisory services. Under the leadership of Kim Tillotson Fleming as Chairman and CEO, Hefren-Tillotson has maintained its commitment to personalized, relationship-driven financial guidance while scaling to serve a national client base.
In 2022, Hefren-Tillotson was acquired by Baird, bringing an employee-owned structure that aligned with the firm's values. Despite the acquisition, the firm continues to operate with the independence and personal attention that have defined it since 1948.
What Makes It Pittsburgh
Pittsburgh built its wealth through industry, and Hefren-Tillotson has been helping Pittsburgh families manage and grow that wealth for nearly eight decades. The firm's longevity reflects the deep trust it has earned across generations.