CLIENT STORY

Planning My Investment

Investment Management

business man smiling

The Situation:

Tony was an electrical engineer earning a decent living when he cashed in on a $10 million deal from a telecommunications equipment supplier for a state-of-the-art device he developed and patented. 

He was suddenly wealthy and didn’t know where to start. Where should he deposit the biggest check he had ever seen in his life? In his checking account? In a mutual fund? His attorney arranged a meeting with PNC Wealth Management.

The Solution:

For Tony, PNC Wealth Management recommended an investment management strategy, using a blend of alternative and traditional investments, to help him achieve his goals and objectives. As part of the integrated solution, his Investment Advisor opened a separately managed account in international equities.

Tony, with the advice of his attorney, also established a trust with PNC Wealth management to help protect his assets and that sought to provide a tax advantage. Since he didn’t need much cash immediately, he was able to start a series of periodic gifts to his children – to help save on estate taxes later on. With most of the funds structured to help provide financial security for his children and future grandchildren, Tony could breathe more easily and begin to enjoy his wealth.

About Investment Management

Your PNC Wealth Management Investment Advisor will work with you to design a customized investment program that includes access to an array of investment solutions, a culture of risk management and ongoing insights and communications.

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Important Legal Disclosures and Information

This story represents a hypothetical scenario and is intended for illustrative purposes; the person described is fictional and not an actual client, but the scenario is intended to reflect a typical and/or previously experienced situation. Actual client experiences and outcomes may vary and future performance or success is not guaranteed.

The PNC Financial Services Group, Inc. (“PNC”) uses the marketing name PNC Wealth Management® 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 PNC Delaware Trust Company or PNC Ohio Trust Company. 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.

“PNC Wealth Management,” is a registered mark of The PNC Financial Services Group, Inc.

Important Information about Procedures for Opening a New Account 
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we are required by Federal law to ask for your name, street address, date of birth (for natural persons) and other information as required to identify you. This may include a request or requests for confirmatory information such as presentation of your driver’s license and/or other document(s).

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

Insurance: Not FDIC Insured. No Bank or Federal Government Guarantee. Not a Deposit. May Lose Value.

Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.