Rather than create a separate pivot point for each letter, you can separate words or sentences so that each letter can be individually manipulated by its own axis in the schematic.

To separate text:

1. Create text as described in Changing 3D Text Properties.
2. Select the text to separate.
3. From the Text tab, click Separate.

   Each letter of the text geometry is now an independent geometric object, and has its own axis and offset (to separate the letters). Each word is also given its own axis. The original 3D Text node is hidden in the schematic.

   
   

   (a) Root axis for word  (b) Root axis for letter  (c) Offset per letter  (d) Letter geometry