« Asset Servicing

 

Sub-Accounting Advantage

Offering a comprehensive platform that can help manage multiple pooled investment accounts.

Since 1992, PNC Sub-Accounting Advantage has helped to improve organizations’ investment management and record-keeping with minimal disruption and cost. We welcome the opportunity to work with your organization to help you meet your fiduciary responsibilities and goals.

PNC Sub-Accounting Advantage is backed by sophisticated technology and a talented team of professionals dedicated to understanding the unique characteristics of the nonprofit sector.

At PNC Institutional Asset Management®, we offer a comprehensive platform that can help manage multiple pooled investment accounts. Fiduciaries face significant responsibilities that put a strain on limited time, resources and expertise. As a fiduciary, you have an obligation to meet the high standards set by those who have entrusted their assets to your care. With rising expectations among investors, the challenge for fiduciaries can be daunting.

Helping You Overcome Challenges

Whether you’re overseeing the investment-related activity of a donor-advised fund, endowment, foundation or charitable institution, the demands on your staff could include recordkeeping, asset management, report generation and distribution, among others. If gaps in any of these areas pose obstacles for your organization, we can help.

Improved Investment Management & Reporting

You can control asset allocation at the organizational or participant level by investing in
units of one or more investment fund pools that you establish in compliance with applicable securities laws, and with clearly defined investment objectives and benchmarks. PNC Institutional Asset Management can act as the sole investment manager or as one of several.

We can combine various blended portfolios managed by different asset managers into one pool at any participant level — equity, fixed income or money market — and can accommodate multiple money managers for any specific investment pool.

Electronic Reports & Statements at Organization and Participant Levels

PNC Sub-Accounting can help you and your staff accommodate documentation requests by boards of directors, staff members, auditors or beneficiaries. Distributed electronically, these reports and statements can be customized with your clients’ logos
and include:

  • Consolidated detail report
  • Fund summary report
  • Fund historic value summary report
  • Statement of admissions and withdrawals
  • Participant reports

Key Product Features:

  • Daily net asset values
  • Daily admissions and withdrawals
  • Auto rebalancing of participants’ asset allocations
  • Flexible asset allocation of investment pools at organizational or participant levels
  • Permits distribution of income as well as periodic or scheduled payments, which can vary for each participant account
  • Remittance to beneficiaries or interested parties can be made by PNC check with client logo or automated clearing house (ACH) deposit
  • Participants with payments to the same payee are combined into one check
  • Participants can specify fiscal year end different from client-specified year end (calendar month only)
  • Standard package of electronic reports customized with client logos
  • Online access to organizational and participant-level account information is available
  • Competitive pricing

Work With Us Today

For more information, please contact:

Glenn Hamilton
Director of Asset Servicing
(513) 651-8819
glenn.hamilton@pnc.com

You may also contact your PNC Representative or fill out a simple form and we'll get in touch with you.

Get Started


Institutional Advisory Solutions

Providing custom solutions to institutional investors for 65+ years
Learn More »


Thought Leadership & Insights

Manage Assets

Across the Great Divide

An asset allocation implemented via active and passive investment vehicles makes sense, but there are complex considerations worth analyzing.

4 min read

Financial Markets

Global Market Snapshot - May 2019

The Global Market Snapshot provides a quick tour around the world, highlighting key economic and market-moving news, featuring actionable insights for all investors.

2 min read

Gain Market Insight

Emerging from Hibernation: The Green Shoots of Emerging Markets

In the Second Quarter 2019 edition of Strategy Insights, we explore the ever-evolving world of Emerging Markets (EM) equities.

4 min read

Important Legal Disclosures & Information

The material presented herein is of a general nature and does not constitute the provision by PNC of investment, legal, tax, or accounting advice to any person, or a recommendation to buy or sell any security or adopt any investment strategy. Opinions expressed herein are subject to change without notice. The information was obtained from sources deemed reliable. Such information is not guaranteed as to its accuracy.

The PNC Financial Services Group, Inc. (“PNC”) uses the marketing names PNC Wealth Management® and Hawthorn, PNC Family Wealth® to provide investment consulting and wealth management, fiduciary services, FDIC-insured banking products and services, and lending of funds to individual clients through PNC Bank, National Association (“PNC Bank”), which is a Member FDIC, and to provide specific fiduciary and agency services through its subsidiary, PNC Delaware Trust Company or PNC Ohio Trust Company. PNC uses the marketing name PNC Institutional Asset Management® for the various discretionary and non-discretionary institutional investment, trustee, custody and related services provided by PNC Bank, and investment management activities conducted by PNC Capital Advisors, LLC, an SEC-registered investment adviser and wholly-owned subsidiary of PNC Bank (“PNC Capital Advisors”). PNC uses the marketing name PNC Institutional Advisory Solutions® for discretionary investment management, trustee, and related services conducted by PNC Bank. PNC uses the marketing name PNC Retirement Solutions® for investment, consulting, trustee, and custody services for employer-sponsored retirement plans provided by PNC Bank. PNC does not provide legal, tax, or accounting advice unless, with respect to tax advice, PNC Bank has entered into a written tax services agreement. PNC Bank is not registered as a municipal advisor under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Act”). Investment management and related products and services provided to a “municipal entity” or “obligated person” regarding “proceeds of municipal securities” (as such terms are defined in the Act) will be provided by PNC Capital Advisors.

Investments: Not FDIC Insured. No Bank Guarantee. May Lose Value.

“PNC Wealth Management,” “Hawthorn, PNC Family Wealth,” “PNC Institutional Asset Management,” “PNC Institutional Advisory Solutions,” and “PNC Retirement Solutions” are registered marks of The PNC Financial Services Group, Inc.