Pnc Bank, Investments, And Funds: What's The Difference?

PNC Bank, PNC Investments, and PNC Funds are all part of the financial services offered by The PNC Financial Services Group, Inc. PNC Bank provides traditional banking services, including checking and savings accounts, loans, and mortgages. PNC Investments offers investment products and services, including brokerage accounts, retirement accounts, and financial advisory services. PNC Funds refer to the specific investment products offered by PNC Investments, such as mutual funds, exchange-traded funds (ETFs), stocks, bonds, and annuities. These investment options aim to help individuals diversify their portfolios and plan for retirement or other financial goals.

PNC Investments offers a range of investment accounts, including brokerage, retirement, advisor-managed, and education accounts

PNC Investments offers a wide range of investment accounts, including brokerage, retirement, advisor-managed, and education accounts. Each type of account caters to different needs, preferences, and financial goals.

Brokerage Accounts:

PNC Investments offers two types of brokerage accounts: Brokerage Plus and Classic Investment Accounts. Brokerage Plus provides full service from a PNC Investments professional, as well as the ability to perform self-directed online trades. This account offers an integrated online platform for market research, trading, and money management. There is no minimum deposit required to open this account.

Classic Investment Accounts are suitable for those who prefer working with a dedicated PNC Investments professional for personalized recommendations. This account provides access to analytical tools, reports, and a team of support professionals.

Retirement Accounts:

PNC Investments offers various choices for Individual Retirement Accounts (IRAs), including Traditional and Roth IRAs. These accounts provide tax advantages for retirement savings.

Advisor-Managed Accounts:

PNC Investments provides advisor-managed accounts, where registered investment advisors manage portfolios on behalf of clients. These accounts offer customization and convenience. Examples include PNC Directions, Capital Directions, and Portfolio Solutions, each with different minimum account sizes and features.

Education Accounts:

PNC Investments offers Education Accounts, such as 529 plans, which are tax-advantaged investment vehicles designed for saving for future higher education expenses. Custodial Accounts (UTMA) are also available for saving for a child or grandchild's future needs, including education.

PNC Investments provides access to various investment products such as mutual funds, exchange-traded funds (ETFs), stocks, and bonds

PNC Investments provides access to a wide range of investment products, including mutual funds, exchange-traded funds (ETFs), stocks, and bonds.

Mutual Funds

Mutual funds are investment vehicles that pool money from multiple investors to purchase stocks, bonds, and other assets. These funds are managed by professional portfolio managers and can provide investors with a diversified portfolio of various securities. Mutual funds offered by PNC Investments include both equity and fixed-income funds, as well as index and asset allocation funds.

Exchange-Traded Funds (ETFs)

ETFs are investment portfolios that are typically designed to track the performance of specific indexes, such as the S&P 500, MSCI World, or NASDAQ Composite Index. ETFs are traded on exchanges like stocks, and shares can be bought and sold during trading hours. ETFs may also be actively managed, similar to mutual funds. PNC Investments offers access to over 500 ETF product options from top providers, allowing investors to choose funds that align with their investment preferences.

Stocks

PNC Investments offers investors the opportunity to buy ownership shares in specific companies. Investing in stocks can provide the potential for dividends and capital gains. Stocks can be traded online through a Brokerage Plus account, providing investors with the flexibility to manage their investments independently.

Bonds

Bonds, or fixed-income securities, are debt instruments issued by governments, government agencies, and corporations. They generally offer a higher level of stability compared to stocks and can provide a steady income stream. Bonds are another investment option available through PNC Investments, allowing investors to diversify their portfolios and balance risk.

PNC Investments provides a comprehensive suite of investment products, giving investors the flexibility to choose from various options to construct a diversified portfolio that aligns with their financial goals and risk tolerance.

PNC Investments offers guidance and support from dedicated professionals to help customers achieve their financial objectives

PNC Investments is committed to its customers' financial well-being. This means helping customers understand their financial goals and providing the tools and guidance to help them achieve those goals.

PNC Investments' Financial Advisors work with customers to understand their short-term needs, long-term goals, time horizon, tolerance for risk, and more. This is the foundation of the PNCI financial planning process, allowing Financial Advisors to provide personalized investment advice and help customers make informed decisions.

PNCI Financial Advisors can recommend specific strategies and offer tailored guidance to address four key pillars:

• Accumulation: Gathering the resources needed to finance a future goal, like retirement, education, or another large purchase.
• Retirement Solutions: Strategies to help create a stable source of income as customers transition from accumulating assets to living off of them. This includes insights into strategies that may allow for tax-deferral, guaranteed income, and levels of principal protection.
• Protection Planning: Utilizing various forms of insurance (e.g., life insurance, long-term care) to safeguard customers' families and assets.
• Tactical Solutions: Products and strategies designed to complement core holdings, providing diversification, downside protection, and defense against market volatility.

PNC Investments offers a range of investment accounts, including Brokerage Accounts (Classic and Brokerage Plus), Retirement Accounts (IRAs), Advisor-Managed Accounts, and Education Accounts (529s and more). The Brokerage Plus account, for example, provides full-service from a PNC Investments professional along with the ability to perform self-directed online trades.

PNC Investments professionals make recommendations that match customers' unique financial goals, time horizon, and risk tolerance with appropriate investment products and services. Customers can also choose to make their own investments through an online brokerage account.

PNC Investments' Brokerage Plus account offers self-directed online trading and access to market data research

The PNC Investments Brokerage Plus account is a flexible option for those who want manage their investments independently and perform self-directed online trades. The account offers an integrated online platform that allows users to perform market data research, place trades, and manage their money intuitively and visually. There is no minimum deposit required to open a Brokerage Plus account, but funds or securities must be deposited before trading can begin.

Brokerage Plus account holders can access a broad range of equities, exchange-traded funds (ETFs), and mutual funds. Zero-commission trades can be placed online for equities, ETFs, and mutual funds. The platform also enables users to transfer money between eligible PNC Bank and PNC Investments accounts.

The Brokerage Plus account provides access to a team of support professionals who can assist with transactions and answer questions via phone. Account information, including electronic statements and other documentation, can be viewed online.

PNC Investments is a broker-dealer subsidiary of PNC Bank, National Association. It offers a wide range of investment products and services, including equities, fixed-income investments, mutual funds, and annuities. PNC Investments representatives are available to provide guidance and help customers achieve their financial objectives.

PNC Investments' Classic Investment Account is for clients seeking personalized recommendations and a dedicated PNC Investments professional

The PNC Investments Classic Investment Account is a dedicated service for clients who want to work with a PNC Investments professional to receive objective, personalized recommendations. This account is ideal for those who prefer a more tailored approach to their investments and want guidance throughout the process.

With the Classic Investment Account, clients can expect the following benefits:

• Dedicated PNC Investments Professional: You will have access to a dedicated professional who will provide personalized recommendations based on your unique financial goals and risk tolerance. They will work with you to tailor a financial plan and help you select investments from a wide range of products.
• Clarification of Investment Objectives: PNC Investments professionals will help you clarify your investment objectives and risk tolerance, ensuring that your investment strategy aligns with your financial goals and comfort level.
• Broad Range of Financial Products and Services: Through your dedicated PNC Investments professional, you will be able to access a broad range of financial products and services to meet your diverse needs.
• Analytical Tools and Reports: You will have access to analytical tools and reports, such as Morningstar and CFRA research, to help you make informed investment decisions.
• Team of Support Professionals: A team of support professionals is just a phone call away, ready to provide assistance with transactions or answer any questions you may have.
• Online Account Access: You can conveniently view your account information online, including electronic statements and other account documentation.
• Secure Transfer of Funds: You can easily transfer money online between your eligible PNC Bank and PNC Investments accounts, providing a seamless way to manage your finances.

The Classic Investment Account from PNC Investments is designed to provide a personalized and dedicated service for clients seeking tailored investment recommendations and a comprehensive understanding of their financial objectives and risk tolerance. With access to a dedicated PNC Investments professional and a range of financial products, clients can feel confident in their investment decisions and work towards achieving their financial goals.

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