DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Pnc Steel City Advisors, LLC

Asset manager (funds and pooled vehicles)Pittsburgh, PennsylvaniaCRD 172658SEC 801-80567IAPD
Latest filing May 15, 2026
First filing on the tape Oct 31, 2014 · 27 filings
SEC status approved since Nov 24, 2014
RAUM
$2.7B
reported, Item 5.F
Discretionary
0.7%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
12 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$2.7B as of May 15, 2026
Mar 20, 2015$287M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 15, 2026
Mar 20, 20150 then
Employees (5.A)12 as of May 15, 2026
Mar 20, 201526 then
Private funds: no history
RAUM +308% over the last fiscal year+301% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 15, 2026; every figure names its basis
Archetypes, each a printed rule
  • Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$679MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.7%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
+308%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.0B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Denise Deedra Darby-Jones · Board Of Managerscontrol
        since 07/2022 · owns less than 5%
      • Shawn Brian Macconnell · President And Managercontrol
        since 07/2014 · owns less than 5%
      • Joseph Peter Mardaga · Managercontrol
        since 06/2022 · owns less than 5%
      • William Dean Newman · Board Of Managerscontrol
        since 07/2022 · owns less than 5%
      • Reinhard Thomas Rus · Chief Compliance Officercontrol
        since 11/2018 · owns less than 5%
      Entity owners
      • Pnc Bank, National Association · Sole Member
        direct · owns 75% or more · public reporting company
      • Pnc Bancorp, Inc. · Shareholder
        indirect · owns 75% or more of Pnc Bank, National Association
      • The Pnc Financial Services Group, Inc. · Shareholder
        indirect · owns 75% or more of Pnc Bancorp, Inc. · public reporting company
      Related persons
      Schedule D 7.A
      • Cerberus Psl Gp, LLC
        bankpooled vehicle sponsorn
      • Cerberus Psl Manager, LLC
        bankpooled vehicle sponsorn
      • Pnc Bancorp, Inc
        n
      • Pnc Bank, National Association
        bankpooled vehicle sponsory
      • Pnc Capital Advisors LLC
        investment advisernRAUM $51B
      • Pnc Capital Finance LLC
        n
      • Pnc Capital Markets LLC
        broker-dealern
      • Pnc Insurance Service, LLC
        n
      • Pnc Investment Company LLC
        n
      • Pnc Wealth Management
        broker-dealerinvestment advisernRAUM $30B
      • Pnc Real Estate
        investment advisernRAUM $3.6B
      • The Pnc Financial Services Group, Inc
        y
      Advisers that list Pnc Steel City Advisors, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Pittsburgh, PA3 employees
      • Baltimore, MD1 employees
      • Boca Raton, FL1 employees
      • Cleveland, OH1 employees
      • East Brunswick, NJ1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Mar 30, 2026
        discretionary share of RAUM moved from 100.0% to 1.0% between the annual amendments of 2025-03-27 and 2026-03-30
        peers: asset managers, $1B to $5B (1,506)
      • RAUM up 50 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $665,527,080 to $2,716,618,620 (+308.0%) between the annual amendments of 2025-03-27 and 2026-03-30; the peer median change was +11.0% (1368 comparable advisers, 99.0th percentile of changes)
        peers: asset managers, $1B to $5B (1,368) · 99% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 3 to 4
        Nov 5, 2025 to Mar 30, 2026
      • Advisory employees · 15 to 12
        Nov 5, 2025 to Mar 30, 2026
      • BD registered reps · 0 to 1
        Nov 5, 2025 to Mar 30, 2026
      • Employees · 15 to 12
        Nov 5, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.7B to $18.2M
        Nov 5, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $0 to $2.7B
        Nov 5, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.7B to $2.0B
        Nov 5, 2025 to Mar 30, 2026
      • RAUM · $1.7B to $2.7B
        Nov 5, 2025 to Mar 30, 2026
      • Discretionary RAUM · $666M to $1.7B
        Mar 27, 2025 to Nov 5, 2025
      • Pooled vehicle RAUM · $666M to $1.7B
        Mar 27, 2025 to Nov 5, 2025
      • RAUM · $666M to $1.7B
        Mar 27, 2025 to Nov 5, 2025
      • Financial planning clients · unset to
        Feb 10, 2025 to Mar 27, 2025
      • Discretionary RAUM · $532M to $666M
        Feb 10, 2025 to Mar 27, 2025
      • Pooled vehicle RAUM · $532M to $666M
        Feb 10, 2025 to Mar 27, 2025
      • RAUM · $532M to $666M
        Feb 10, 2025 to Mar 27, 2025
      • Accounts · 1 to 3
        Jan 21, 2025 to Feb 10, 2025
      • Advisory employees · 14 to 15
        Jan 21, 2025 to Feb 10, 2025
      • Pooled vehicle clients · 1 to 3
        Jan 21, 2025 to Feb 10, 2025
      • Employees · 14 to 15
        Jan 21, 2025 to Feb 10, 2025
      • Other offices · 2 to 3
        Jan 21, 2025 to Feb 10, 2025
      • Discretionary RAUM · $27.7M to $532M
        Jan 21, 2025 to Feb 10, 2025
      • Pooled vehicle RAUM · $27.7M to $532M
        Jan 21, 2025 to Feb 10, 2025
      • RAUM · $27.7M to $532M
        Jan 21, 2025 to Feb 10, 2025
      • HQ city · CHICAGO to PITTSBURGH
        Mar 27, 2024 to Jan 21, 2025
      • HQ state · IL to PA
        Mar 27, 2024 to Jan 21, 2025
      • Other offices · 5 to 2
        Mar 27, 2024 to Jan 21, 2025
      • Discretionary RAUM · $30.1M to $27.7M
        Mar 27, 2024 to Jan 21, 2025
      • Pooled vehicle RAUM · $30.1M to $27.7M
        Mar 27, 2024 to Jan 21, 2025
      • RAUM · $30.1M to $27.7M
        Mar 27, 2024 to Jan 21, 2025
      • Advisory employees · 26 to 14
        May 12, 2023 to Mar 27, 2024
      • Employees · 29 to 14
        May 12, 2023 to Mar 27, 2024
      • Discretionary RAUM · $42.2M to $30.1M
        May 12, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $42.2M to $30.1M
        May 12, 2023 to Mar 27, 2024
      • RAUM · $42.2M to $30.1M
        May 12, 2023 to Mar 27, 2024
      • Advisory employees · 21 to 26
        Mar 29, 2022 to Mar 30, 2023
      • Employees · 24 to 29
        Mar 29, 2022 to Mar 30, 2023
      • Other offices · 4 to 5
        Mar 29, 2022 to Mar 30, 2023
      • Discretionary RAUM · $45.7M to $42.2M
        Mar 29, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $45.7M to $42.2M
        Mar 29, 2022 to Mar 30, 2023
      • RAUM · $45.7M to $42.2M
        Mar 29, 2022 to Mar 30, 2023
      Signals
      12 dated events
      • Pnc Steel City Advisors, Llc reported RAUM $2.7B, up 60% from $1.7B (2025-11-05 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Pnc Steel City Advisors, Llc reported RAUM $1.7B, up 155% from $665.5M (2025-03-27 to 2025-11-05)
        Nov 5, 2025 · RAUM change · derived
      • Pnc Steel City Advisors, Llc reported RAUM $665.5M, up 25% from $532.3M (2025-02-10 to 2025-03-27)
        Mar 27, 2025 · RAUM change · derived
      • Peter Mardaga (Manager) appeared on Schedule A of Pnc Steel City Advisors, Llc
        Mar 30, 2023 · Control person joined · fact
      • Dean Newman (Board Of Managers) appeared on Schedule A of Pnc Steel City Advisors, Llc
        Mar 30, 2023 · Control person joined · fact
      • Deedra Darby-Jones (Board Of Mangers) appeared on Schedule A of Pnc Steel City Advisors, Llc
        Mar 30, 2023 · Control person joined · fact
      • John Peter Zimmerer (Chief Operating Officer And Manager) no longer on Schedule A of Pnc Steel City Advisors, Llc (listed 2022-03-29, absent 2023-03-30)
        Mar 30, 2023 · Control person left · inference
      • Anthony William Kosis (Manager) no longer on Schedule A of Pnc Steel City Advisors, Llc (listed 2022-03-29, absent 2023-03-30)
        Mar 30, 2023 · Control person left · inference
      • Pnc Steel City Advisors, Llc reported RAUM $45.7M, down 74% from $172.8M (2021-03-26 to 2022-03-29)
        Mar 29, 2022 · RAUM change · derived
      • Pnc Steel City Advisors, Llc reported RAUM $172.8M, down 43% from $301.6M (2020-06-16 to 2021-03-26)
        Mar 26, 2021 · RAUM change · derived
      • Pnc Steel City Advisors, Llc reported 4 offices beyond its principal office, down from 12 (2019-10-25 to 2020-03-27)
        Mar 27, 2020 · Office count change · derived
      • Pnc Steel City Advisors, Llc filed its initial SEC registration (Form ADV)
        Oct 31, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      312-454-2922reportedpublic record, Form ADV, May 15, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026