CLIENT STORY

Planning My Investment

Investment Management

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. Learn More »


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 and wealth management, fiduciary services, FDIC-insured banking products and services, and lending of funds through its subsidiary, 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. Securities products, brokerage services, and managed account advisory services are offered by PNC Investments LLC, a registered broker-dealer and a registered investment adviser and member of FINRA and SIPC. Insurance products may be provided through PNC Insurance Services, LLC, a licensed insurance agency affiliate of PNC, or through licensed insurance agencies that are not affiliated with PNC; in either case a licensed insurance affiliate may receive compensation if you choose to purchase insurance through these programs. A decision to purchase insurance will not affect the cost or availability of other products or services from PNC or its affiliates. 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 does not provide services in any jurisdiction in which it is not authorized to conduct business. 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, LLC, a wholly-owned subsidiary of PNC Bank and SEC registered investment adviser.

“PNC Wealth Management” and “PNC Wealth Insight” are registered service marks of The PNC Financial Services Group, Inc.

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.