Pnc Capital Advisors LLC (Baltimore)

Name: Pnc Capital Advisors LLC
Address: One East Pratt Street, Baltimore, MD, 21202
Telephone: 410-237-5309

Pnc Capital Advisors LLC is a large advisory firm based in Baltimore. It manages $53.55 billion of regulatory assets for 13,214 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Pnc Capital Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and liability driven investing analysis. strategy specific investment models. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pnc Capital Advisors: assets under management

The assets under management (AUM) of Pnc Capital Advisors LLC is $53.55 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 51% since the beginning of its operation, and $61.15 million of the total AUM is attributable to clients outside of the United States.

The firm manages $53.55 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.05 million each.

Investments

The firm invests in government bonds the most. They account for 22% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 21% of the firm’s portfolio. Investments in exchange traded securities form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pnc Capital Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert Q Reilly serves?

The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Robert Q Reilly is investment companies with 3 clients and $17.72 billion of assets under management. Among the 8 most similar advisory firms, Pnc Capital Advisors has the 3rd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $53.49 billion for 289 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Pnc Capital Advisors also advises several private funds.

Careers at Pnc Capital Advisors LLC

The company employs 268 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 78 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert Q Reilly has been acting as President since 1 Sep 2009. Aneet P. Deshpande has served as the Chief Investment Officer since 1 Jan 2018. Alistair (None) Jessiman joined the executive team most recently as the Chairman & President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bryan Kent Garlock	Manager, board of managers	1 Sep 2009	Other	2225687
National Association Pnc Bank	Sole member	1 Sep 2009	75% - 100%	22-1146430
Kevin Andrew Mccreadie	Director, president and chief executive officer	1 Sep 2009	Other	3084500
Robert Q Reilly	Director	1 Sep 2009	Other	4117865
Stephen Wynne	Director	1 Sep 2009	Other	5511345
Jaqueline Marie Hummel	Chief compliance officer	1 Sep 2009	Other	5039139
Matthew Michael Pullins	Chief financial officer and treasurer	1 Sep 2009	Other	4366952
Jennifer Leclair	Director	1 Sep 2009	Other	5709930
Jennifer Laclair	Manager, board of managers	1 Sep 2009	Other	5709930
Laura Mary Carr	Chief administrative officer	1 Apr 2010	Other	5879435
Mark Gerard Mcglone	Chief risk officer	1 Sep 2010	Other	4565693
Timothy George Shack	Director	1 Nov 2010	Other	5906055
Michael John Nanosky	Chief compliance officer	1 Dec 2010	Other	2115148
Michael William Donahoe	Chief compliance officer	1 Sep 2011	Other	2577709
Marc David Yurko	Chief financial officer	1 Mar 2013	Other	6171876
Marc Yurko	Chief financial officer	1 Mar 2013	Other	6171876
Orlando Caesar Esposito	Manager, board of managers	1 May 2013	Other	6212099
Savonne Lynn Ferguson	Secretary	1 May 2013	Other	3109536
Orlando Esposito	Director	1 May 2013	Other	6212099
Mark Gerard Mcglone	Chairman, president, and chief investment officer	1 May 2014	Other	4565693
Alistair (None) Jessiman	Manager, board of managers	1 May 2014	Other	3058026
Alistair Jessiman	Manager, board of managers	1 May 2014	Other	3058026
Hitesh C Patel	Interim chief risk officer	1 Jun 2014	Other	5192244
William David Mennonna	Chief risk officer	1 Jul 2014	Other	2366756
James Patrick Dunigan	Manager, board of managers	1 Dec 2014	Other	1333105
Thomas Melcher	Manager, board of managers	1 Mar 2016	Other	5709932
Jennifer Elizabeth Spratley	Senior vice president	1 Feb 2017	Other	4075748
Mark Gerard Mcglone	Manager, board of managers	1 Jan 2018	Other	4565693
William David Mennonna	Chairman president and chief risk officer	1 Jan 2018	Other	2366756
Aneet P. Deshpande	Chief investment officer	1 Jan 2018	Other	6558334
Michael Patrick Lyons	Manager, board of managers	1 Feb 2018	Other	2636468
Lisa Joyce Bernett	Interim chief compliance officer	1 Mar 2018	Other	2697479
Michael Joseph Gioffre	Chief compliance officer	1 Jun 2018	Other	1863705
Michael Gioffre	Chief compliance officer	1 Jun 2018	Other	1863705
Alistair (None) Jessiman	Chairman & president	1 May 2019	Other	3058026

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. The Pnc Financial Services Group	Shareholder	1 Mar 2007	75% - 100%	22-1146430

Based in Baltimore

The principal office where Pnc Capital Advisors LLC performs its advisory services is located at One East Pratt Street, Baltimore, MD 21202, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-237-5309 or by fax 410-237-5523. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at pnccapitaladvisors.com.