PNC Bank is a major financial services institution operating under The PNC Financial Services Group, Inc. To effectively serve a diverse clientele, PNC utilizes various marketing names to delineate its specialized services. Understanding these distinctions is key to comprehending the breadth of What Pnc Bank offers.
PNC Private Bank℠ and PNC Private Bank Hawthorn® cater to individual clients seeking sophisticated wealth management and investment consulting. These divisions provide fiduciary services, alongside traditional FDIC-insured banking products and lending solutions offered through PNC Bank, National Association, a Member FDIC. Furthermore, specific fiduciary and agency services are delivered via PNC subsidiaries, namely PNC Delaware Trust Company and PNC Ohio Trust Company.
For institutional clients, PNC Institutional Asset Management® represents PNC Bank’s comprehensive suite of services. This includes discretionary and non-discretionary investment management, trustee services, custody solutions, and related offerings. Investment management activities are also conducted by PNC Capital Advisors, LLC, a registered SEC investment advisor and a wholly-owned subsidiary of PNC Bank.
PNC Institutional Advisory Solutions® focuses on providing discretionary investment management, trustee, and related services specifically conducted by PNC Bank. Meanwhile, PNC Retirement Solutions® is dedicated to employer-sponsored retirement plans, offering investment, consulting, trustee, and custody services through PNC Bank.
It is important to note that PNC operates primarily as a financial service provider. Unless explicitly stated in a written tax services agreement with PNC Bank, PNC does not offer legal, tax, or accounting advice. Moreover, PNC Bank is not registered as a municipal advisor under the Dodd-Frank Act. Services related to municipal entities and securities are provided by PNC Capital Advisors.
Investments: Not FDIC Insured. No Bank Guarantee. May Lose Value.
