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 Real Estate

Asset manager (funds and pooled vehicles)Louisville, KentuckyCRD 172753SEC 801-80546IAPD
Legal name Pnc Tc, LLC
Latest filing Jun 8, 2026
First filing on the tape Oct 28, 2014 · 35 filings
SEC status approved since Nov 21, 2014
RAUM
$3.6B
reported, Item 5.F
Discretionary
100%
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
186
186 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
8
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$3.6B as of Jun 8, 2026
Mar 30, 2015$2.6B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 8, 2026
Mar 30, 20150 then
Employees (5.A)186 as of Jun 8, 2026
Mar 30, 2015126 then
Private funds8 as of Jun 8, 2026
Mar 27, 20247 then
RAUM +2.4% over the last fiscal year+7.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 8, 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
$49.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
+2.4%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
otherreportedItem 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
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • a related person has custody of client cash (9.B.1.a)
  • an independent public accountant performs a surprise examination (9.C.1)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$3.6B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
72reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
n/areported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=9.0derived
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
      7 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Pnc Nmtc Fund 3, LLCPrivate Equity Fund$157M3Mar 27, 2024
      Pnc Nmtc Fund 4, LLCPrivate Equity Fund$60.0M2Mar 27, 2024
      Pnc Nmtc Fund 2, LLCPrivate Equity Fund$53.5M7Mar 27, 2024
      Pnc Nmtc Fund 5, LLCPrivate Equity Fund$20.4M2Mar 27, 2024
      Pnc Nmtc Fund 1, LLCPrivate Equity Fund$12.3M1Mar 27, 2024
      Pnc Htc Fund 1, LLCPrivate Equity Fund$6.2M2Mar 27, 2024
      Pnc Htc Fund 2, LLCPrivate Equity Fund$84,3953Mar 27, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • Sue Wendy Bade · Secretary And Directorcontrol
        since 08/2014 · owns less than 5%
      • Jackson Todd Crow · President And Directorcontrol
        since 08/2014 · owns less than 5%
      • Vaughan Rachelle Hesterlee · Senior Vice President And Directorcontrol
        since 06/2024 · owns less than 5%
      • Norman John Nunnery · Treasurer And Directorcontrol
        since 08/2014 · 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
      • Columbia Housing/Pnc Fund Xix Mm, LLC
        pooled vehicle sponsorn
      • Lihtc Investments, LLC
        n
      • Pnc Arhpf Fund 1 Managing Member, LLC
        pooled vehicle sponsorn
      • Pnc Arhpf Fund 2 Managing Member, LLC
        pooled vehicle sponsorn
      • Pnc Bancorp, Inc.
        y
      • Pnc Bank, National Association
        bankpooled vehicle sponsorcustodiany
      • Pnc Capital Advisors LLC
        investment advisernRAUM $51B
      • Pnc Capital Finance LLC
        n
      • Pnc Capital Markets LLC
        broker-dealern
      • Pnc Htc Fund 1 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Htc Fund 2 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Insurance Services, LLC
        real estaten
      • Pnc Investment Company LLC
        n
      • Pnc Wealth Management
        broker-dealerinvestment advisernRAUM $30B
      • Pnc Lihtc Fund 67 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 68 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 69 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 70 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 71 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 72 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 73 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 74 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 75 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 76 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 77 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 78 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 79 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 80 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 81 Mm, LLC
        pooled vehicle sponsorn
      • Pnc Lihtc Fund 82 Mm, LLC
        pooled vehicle sponsorn
      Advisers that list Pnc Real Estate as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Portland, OR38 employees
      • Pittsburgh, PA31 employees
      • Tampa, FL4 employees
      • Washington, DC2 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing Jun 8, 2026
        related persons on Schedule D 7.A of 81.0 against a peer median of 7.0 (850 comparable advisers, 98.0th percentile, 16.6 robust deviations)
        peers: asset managers, $1B to $5B (850) · 98% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 70 to 72
        Mar 27, 2025 to Mar 27, 2026
      • Advisory employees · 176 to 186
        Mar 27, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 70 to 72
        Mar 27, 2025 to Mar 27, 2026
      • Employees · 176 to 186
        Mar 27, 2025 to Mar 27, 2026
      • Private funds · 7 to 8
        Mar 27, 2025 to Mar 27, 2026
      • Discretionary RAUM · $3.5B to $3.6B
        Mar 27, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $3.5B to $3.6B
        Mar 27, 2025 to Mar 27, 2026
      • RAUM · $3.5B to $3.6B
        Mar 27, 2025 to Mar 27, 2026
      • Accounts · 67 to 70
        Jul 17, 2024 to Mar 27, 2025
      • Advisory employees · 180 to 176
        Jul 17, 2024 to Mar 27, 2025
      • BD registered reps · 8 to 9
        Jul 17, 2024 to Mar 27, 2025
      • Pooled vehicle clients · 67 to 70
        Jul 17, 2024 to Mar 27, 2025
      • Employees · 180 to 176
        Jul 17, 2024 to Mar 27, 2025
      • Financial planning clients · unset to
        Jul 17, 2024 to Mar 27, 2025
      • Other offices · 4 to 5
        Jul 17, 2024 to Mar 27, 2025
      • Discretionary RAUM · $3.3B to $3.5B
        Jul 17, 2024 to Mar 27, 2025
      • Pooled vehicle RAUM · $3.3B to $3.5B
        Jul 17, 2024 to Mar 27, 2025
      • RAUM · $3.3B to $3.5B
        Jul 17, 2024 to Mar 27, 2025
      • Accounts · 63 to 67
        Jul 24, 2023 to Mar 27, 2024
      • Advisory employees · 176 to 180
        Jul 24, 2023 to Mar 27, 2024
      • BD registered reps · 7 to 8
        Jul 24, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 63 to 67
        Jul 24, 2023 to Mar 27, 2024
      • Employees · 176 to 180
        Jul 24, 2023 to Mar 27, 2024
      • Other offices · 5 to 4
        Jul 24, 2023 to Mar 27, 2024
      • Private funds · unset to 7
        Jul 24, 2023 to Mar 27, 2024
      • Discretionary RAUM · $2.9B to $3.3B
        Jul 24, 2023 to Mar 27, 2024
      • Pooled vehicle RAUM · $2.9B to $3.3B
        Jul 24, 2023 to Mar 27, 2024
      • RAUM · $2.9B to $3.3B
        Jul 24, 2023 to Mar 27, 2024
      • Accounts · 58 to 63
        Mar 29, 2022 to Mar 29, 2023
      • Advisory employees · 163 to 176
        Mar 29, 2022 to Mar 29, 2023
      • Pooled vehicle clients · 58 to 63
        Mar 29, 2022 to Mar 29, 2023
      • Employees · 163 to 176
        Mar 29, 2022 to Mar 29, 2023
      • Other offices · 6 to 5
        Mar 29, 2022 to Mar 29, 2023
      • Discretionary RAUM · $2.4B to $2.9B
        Mar 29, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $2.4B to $2.9B
        Mar 29, 2022 to Mar 29, 2023
      • RAUM · $2.4B to $2.9B
        Mar 29, 2022 to Mar 29, 2023
      • Advisory employees · 153 to 163
        Aug 17, 2021 to Mar 29, 2022
      • BD registered reps · 6 to 7
        Aug 17, 2021 to Mar 29, 2022
      • Employees · 153 to 163
        Aug 17, 2021 to Mar 29, 2022
      • Discretionary RAUM · $2.3B to $2.4B
        Aug 17, 2021 to Mar 29, 2022
      Signals
      5 dated events
      • Vaughan Rachelle Hesterlee (Senior Vice President And Director) appeared on Schedule A of Pnc Real Estate
        Jul 17, 2024 · Control person joined · fact
      • Ann Kristin Klingenberg (Vice President And Director) no longer on Schedule A of Pnc Real Estate (listed 2024-03-27, absent 2024-07-17)
        Jul 17, 2024 · Control person left · inference
      • Ann Kristin Klingenberg (Vice President) appeared on Schedule A of Pnc Real Estate
        Jul 24, 2023 · Control person joined · fact
      • Manganello Gayle Ellis (Vice President And Director) no longer on Schedule A of Pnc Real Estate (listed 2022-03-29, absent 2023-03-29)
        Mar 29, 2023 · Control person left · inference
      • Pnc Tc, Llc filed its initial SEC registration (Form ADV)
        Oct 28, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      913-253-9150reportedpublic record, Form ADV, Jun 8, 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