The PNC GROUP is a publicly held investment adviser that advises $87.46Bn in regulatory assets under management held in 2 SEC fund types across 4 investment strategies. PNC GROUP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets decreased by 19.68% over the last 5-years.
The Group has been registered with the SEC for 27.58 years and is comprised of 5 filing and 0 relying advisers. They operate out of 37 office locations with their Headquarters at ONE EAST PRATT STREET FIFTH FLOOR - EAST, BALTIMORE, MARYLAND. The Group has been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 2,175 employees comprised of 1,046 investment and 1,129 non-investment staff. The total number of Employees increased by 7.09% over the last 5-years.
Their $87.46Bn in assets advised are owned by 78 private funds, 1 public fund and BDCs and 3,412 other accounts. Assets of Individuals clients own $24.04Bn or 27.49% of Total Assets and Government Entities and Pension Plans own $17.24Bn or 19.71% of Total Assets.
The Group's top investment strategies include Traditional LBO, Secondaries and Multi Strat, representing 99.35%, 0.61% and 0.04% of total assets, respectively.
They advise 10 types of clients, top clients are Individuals and Government Entities and Pension Plans.
The Group uses 1 Fund Administrators, 4 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 8 private funds with $349.13mn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
PNC GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 4 funds.