Pnc brokerage plus review reddit. Investment cost, minimums, mutual funds.

Pnc brokerage plus review reddit 9% but want to make sure I am not overlooking something which would make it a bad idea. Jun 23, 2025 · PNC Investments LLC, a subsidiary of PNC Bank, is a FINRA-registered broker-dealer headquartered in Pittsburgh, PA. My goal is to make $50,000 a year. They offer one of the best services when it comes to brokerage. Learn more. New comments cannot be posted and votes cannot be cast. 35% seems seems both unusual and very high. However, I can not seem to figure out how to invest the ~2k cash that I have in the account. We would like to show you a description here but the site won’t allow us. Securities products and brokerage services as well as managed account advisory services are offered by PNC Wealth Management LLC, a registered broker-dealer and a registered investment adviser and Member FINRA and SIPC. Fees, IRA, ROTH, mutual funds. PNC Bank offers a wide range of personal banking services including checking and savings accounts, credit cards, mortgage loans, auto loans and much more. Was curious on what a realistic income of an agent is who is not independent. There is only one success - to be able to spend your life in your own way. I’m not sure how it would work wherever you are, but within my region, an investment advisor typically covers four or more branches and are generally dependent on having referrals from those branches. Share Add a Comment Sort by: Best Open comment sort options Best Top New Controversial Old Q&A ForgottenZodiac • They recently opened it up to the public properly at the beginning of the year. This includes physicians, dentists, attorneys, physician assistants, nurse practitioners MetalliMyers PNC Capital Directions over Vangaurd, Fidelity, or Schwab Investing Fidelity vs PNC Roth Iras, is there a catch? Hi, I guess I am not understanding why PNC charges more than fidelity for Roth Iras. Which broker is best? Apr 25, 2025 · It changed its name in 2000 to PNC Financial Services, which uses the marketing name PNC Wealth Management to provide investment management, wealth management and banking products and services to clients. Is it a valid company? Does anyone here use it? Thoughts? It looks to me like the HSA provided by PNC Bank charges a $2. The bank’s high-yield savings is limited to certain states. We switched to PNC bank after moving from a small Colorado bank after we moved to the east coast. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Aug 29, 2023 · The Cash Plus account appeals to a niche customer. I just got an email saying Vanguard has a new account type—called the Cash Plus Account—that looks like an alternative to a HYSA. Excellent credit cards. Can you transfer brokerage/Roth IRAs from a bank to Vanguard/Fidelity with no issue? Hello there! Years ago when I knew investing was good but no idea how to do it myself, I got an advisor from my local PNC branch to open a PNC brokerage account and Roth IRA for me. The Schwab Platinum Debit is attached to a Charles Schwab Bank checking account. This is true of most online reviews of banks, and I'm not interested in that. Was with PNC for 5 years. I keep seeing commercials about Rocket Money and the app. For anything and everything to do with the card you have to contact Elan Financial. Should i start and IRA with PNC Bank? Got my taxes done and, was informed about IRA's. I do not think it is possible. A first look at our new features As an early adopter, you’ll be among the first to access the account’s competitive APY, use our new transfer platform, and take advantage of new features. I opened an Roth IRA with PNC about a year ago. With Schwab they waive all ATM fees. I understand the benefits of an HSA, with the triple tx advantage. Decent bank. Should I got to someone else or, go to PNC? Any info would be greatly appreciated. r/personalfinance For those of us with investments in both taxable and tax protected, with both short and long term goals, it makes sense to consider liquid investments as two conceptually separate portfolios, but then blend them. A PNC brokerage account is a financial product that empowers customers to invest in a wide range of financial instruments, offering opportunities to grow the The Fidelity Cash Management Account (CMA) is a non-retirement brokerage account designed to meet a customer's everyday spending and cash management needs. I since have switched to 2 different banks for checking accounts, and I’m much happier with them personally. Community, regional investment, commercial or consumer, come on in. Securities and Exchange Commission (SEC) under PNC Investments, LLC. Get personalized guidance with a Classic Investment Account from PNC Wealth Management, featuring dedicated professionals and powerful tools. Etrade has recurring weekly ETF automation for free,which no other big player offers. A pretty good credit card. The firm offers a range of investment products and services, including mutual funds, annuities, and retirement planning. I would like to setup one ( Traditional not Roth) and was told that PNC can do them. To illustrate: let’s say your retirement portfolio is 80/20 but your short term is a conservative 20/80, and you have equal $ in both. Also do not think I can withdraw money from the account. Agreed; PNC's primarily a bank, and their banking services are decent. Best of luck. Simplify your finances. Access diversified mutual funds managed by professionals at PNC Wealth Management, offering cost-effective options across various asset classes. Since I had my checking and saving with PNC I thought I Just be aware that the Fidelity CC is Fidelity in name only. PNC also offers brokerage services but they're not competitive. Mar 16, 2024 · Re: Does PNC Bank have a good reputation for financial advisors? by oldcomputerguy » Sun Mar 17, 2024 6:20 am This topic is now in the Personal Investments forum. It's essentially a stripped down brokerage account with a PNY Bank Routing and Account number, with the settlement fund being replaced with a set of FDIC bank accounts hidden and merged together as one. Pros: -Physical location -Website is easy to navigate -Payroll Does anyone have any experience with PNC's career development programs? I applied for the Technology Development program last month, and was invited to the final round of interviews this upcoming Friday. Archived post. As of the last several months though, the mobile app was glitching out and not functioning properly which is a big deal for me since I do my banking purely on mobile. Thank you. PNC bank financial advisor minimums. Additionally, PNC is a registered investment advisor (RIA) with the U. You are a loyal Vanguard customer that wants the added functionality from a basic high-yield savings account with bank routing and account numbers. The firm provides brokerage and advisory services through PNC Investments, LLC, a registered broker-dealer and investment advisor. I moved my business checking to them, so it won't be entirely applicable to all individuals. Is that still… It looks to me like the HSA provided by PNC Bank charges a $2. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Cash Plus 1099s are not consolidated with the 1099 for your taxable brokerage account. I doubt I can be of much help, however I do work at a branch and do refer many clients to my advisor. My PNC broker told me that structured CDs are better investments than the s&p right now since interest rates are high. I cannot help answer regarding compensation. If you contact Fidelity about the CC they will send you to Elan Financial. As part of its offering, it provides wealth management and investment advice to clients of varying asset levels. Cash Plus is an additional account, and Vanguard issues one 1099 per account. This subreddit is a place where high income professionals of all types can ask, answer, discuss, and debate the personal finance and investing questions specific to our unique situations without being criticized, ostracized, or downvoted simply for having a high income and "first world" problems. If I simply googled for reviews of PNC Bank, I get overwhelmingly negative reviews from people who are sore about overdraft fees. For anyone who has interviewed for either this program, or any of the related ones: What kind of questions do they ask at the final interview? I will be sitting for the P&C exam next week. The loan officer called my husband (who was a mortgage broker years ago) to tell him that our DTI was too high and they couldn't do the loan. They offered to schedule time with me to go over my finances. Fidelity, Charles Schwab and Ally Invest are our top three picks for the best brokerage accounts for their commission-free trades, investment options and tools. (Christopher Morley) Aug 28, 2025 · PNC wealth management review, account products, investments fees. Schwab, on the other hand, is a brokerage company. A financial advisor from the bank I have my checking and savings accounts at (PNC) called me out of the blue. Decent investment options in a PNC IRA are likely limited and expensive and there are probably fees which would not apply at Vanguard. Any thoughts? Does anyone have experience with PNC's Investment Financial Advisory? I found an opening for the role, and curious if it is a typical Financial planner job where I have to find clients within my family/friends, etc. Jul 7, 2025 · PNC Bank is a large financial services firm based in Pittsburgh, Pennsylvania. Please review subreddit rules before posting. Oct 6, 2025 · PNC Brokerage Plus review, rating, pros & cons. Feb 18, 2025 · For our review of PNC Wealth Management, we used regulatory data from the SEC to summarize the disciplinary history and conflicts of interest for the firm. Apr 30, 2025 · PNC Bank has standard benefits for its checking and savings combo packages. Broker stock trading fees, IRA accounts. I have had underwhelming experiences with PNC here and there over the years, but the last week may have done it for me. I recently created a VG cash plus account and a Fidelity cash management account and I am finding Fidelity is what I am looking for since it has the bill pay option. They seem like a great company if you are ready to retire in the same job, but otherwise it's a black hole. Investment cost, minimums, mutual funds. I didn't think it was smart to keep collecting money in my saving account that has a pretty low return. PNC provides document and signature services including estate processing, power of attorney, medallion signature guarantee, notary services and more. What I really want to know is an objective assessment of the PNC banking experience. I am thinking about opening such an account because the current interest rate is 3. Discover has an excellent checking and savings. Get answers to common questions about PNC Wealth Management products and services, including information about account types, fees, and more. 35% "Investment Administrative Fee" for any balance you actually have invested. I do like to look at performance, but doing tons of research is a hole I'd rather not fall into. With a Vanguard Cash Plus Account and a Vanguard Brokerage Account, you can manage your cash and investments in one place. Should I begin to reimburse myself for my medical expenses now? This is PNC benefit plus Hello all, First off, I'd like to say that I don't want to be a very hands on investor. I took some time to look up some details for PNC and here's what I found: According to the Brokerage Plus Fee Schedule (page 10) the following fees may apply Annual Service fee of $50-$75 With American Express the savings & checking is better. That's your cash sweep, and Vanguard even offers a product to replace your brokerage's settlement account with For me, external transfers from PNC to etrade brokerage are instant. Customers can use the CMA as a replacement for their bank checking account or they can use it in conjunction with their existing checking accounts. Is that doable for a first year agent? We would like to show you a description here but the site won’t allow us. You can also fund it with up to $2000 initial deposit with a Visa/MC (hopefully you have a cash back or rewards card). These are my personal pros and cons. Trade flexibly with Brokerage Plus accounts from PNC Wealth Management, designed for clients who want the convenience of independent, online trading. In this guide, we’ll review what to expect from PNC Bank’s PNC currently has a $200/$300 bonus for opening a new checking account, if you're in the right state. Since he has been managing it and I give 500/200 a month respectively. Before starting here In my mid level career, I was warned by several peers to negotiate a high salary as it most likely would be what you are stuck at for years. The Elan Financial The Schwab One debit is issued through PNC bank and is attached to a Charles Schwab Brokerage Account. I just wanted to give some pros and cons to PNC if anyone was interested in opening an account with them. S. . I personally stopped using the card because of the poor customer service from Elan Financial. Our CMA provides an alternative for individuals seeking FDIC insurance and gives our clients Jan 2, 2025 · PNC Investments has many different complaints filed by FINRA (Financial Industry Regulatory Authority), state regulatory organizations, and investors such as yourself. Recently got a bonus from my employer and deposited funds from a brokerage account I closed so there was a chunky capital influx to that account. I was wondering if there is a catch with fidelity that I am missing as to why their product doesn’t have as many fees as PNC? Archived post. It is really a Elan Financial CC with the Fidelity name on it. 95/mo account management fee, on top of a 0. Employee** For anyone looking for a job with great career growth opportunities, I advise you to ignore PNC Bank. Nov 24, 2025 · Compare PNC vs Vanguard, Fidelity, Charles Schwab. You have excellent credit cards. The other HSA providers I've used (HSA Bank and Fidelity) charge either $0 or flat fees for HSA & investment account administration, and that 0. Does it mean the target clients are businesses? A few years ago, we decided to refi our main home mortgage with PNC. What will you all recommend for mortgage lenders in Pittsburgh? I heard good things about Dollar Bank and not so good things about PNC. On top of that, there is a $3 fee each month. Decent customer service. They were Robinhood really isn’t that bad for novices, plus it’s totally free on every level TD Ameritrade is the best IMO, I trade options mostly and their thinkorswim platform is un-matched, smaller brokerage, I was able to chat with the trading assistants after waiting no more than 30 seconds when I had questions Just my opinion Open a PNC Wealth Management brokerage account and access mutual funds, ETFs, stocks, and bonds to diversify and strengthen your investment portfolio. What do you guys think of their new cash plus account and their new cash deposit feature? I do have a few questions myself regarding these new features so I’d figure I’d ask you guys before asking and calling a Vanguard representative. If I transfer in from external account I can trade on that $$ immediately, still needs a few days to let the transfer clear though for withdrawal back to PNC, which I think is the norm. Anyone have any recommendations or experiences to share? I am interested in local, national, or even digital options. The job description says that I will be assigned "a book of business". Schwab Bank and Charles Schwab Brokerage are separate but both under Charles Schwab Corporation. I don't see how anyone can stay with those banks (BOA, Chase, Wells Fargo, Citi, PNC, US Bank). A place to discuss the in and outs of banking. Even Capital One has an excellent checking & savings. Jan 12, 2024 · 1099 - you will get a complete, separate consolidated 1099 for each Cash Plus account with its interest and dividend income. I am new to cash management on the broker side and the time required for cash to settle is a little inconvenient getting started but will be OK after the initial settlements.