Pnc Investments LLC is a large advisory firm based in Pittsburgh. It manages $14.6 billion of regulatory assets for 105,928 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 45 other states.
Pnc Investments provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Pnc Investments LLC is $14.6 billion. The firm's AUM has grown by 1999% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Pnc Investments LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Pnc Investments is individuals with 103,092 clients and $13.24 billion of assets under management. Among the 8 most similar advisory firms, Pnc Investments has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $14.59 billion for 105,888 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Pnc Investments doesn't advise any private funds.
The company employs 1,294 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 924 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Pnc Investments LLC performs its advisory services is located at 300 Fifth Avenue, Pittsburgh, PA 15222 2722, which is also the mailing address of the firm. An additional office of the firm is in Indianapolis, IN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-762-6111 or by fax 412-803-2980. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pnc.com.