PNC Wealth Management

Broker-DealerFINRA Member

Total AUM

$30.3B

Discretionary

$28.2B

93% of AUM

Accounts

164,103

Employees

1,713

Advisory reps

1,342

Brokerage reps

1,709

Firm details

Headquarters: Pittsburgh, Pennsylvania
CRD number: 129052
Registered since: September 17, 2003
Website: www.pnc.com
Custodians: NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM
Client types: Individuals79.41%
HNWI17.71%
Pension & Profit Sharing Plans1.49%
Corporations / Businesses0.99%
Charitable Organizations0.35%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

PNC Wealth Management is a bank-affiliated advisory and broker-dealer platform that combines brokerage, insurance distribution, and advisory services for both individual/family and institutional clients. The firm is SEC-registered (first registered in 2003) and charges advisory fees primarily as a percentage of assets under management. Its advisory scope includes discretionary portfolio management for individuals and small businesses, portfolio services for institutions, and the selection of sub-advisers. The firm also operates on the broker-dealer side and acts as an insurance broker. Investment policy signals include active ESG consideration and the use of third-party managers and pooled vehicles; the firm's reported industry affiliations indicate roles ranging from broker-dealer and trust company to sponsor or managing member of pooled investment vehicles.