PNC Bank 2001 Annual Report Download - page 21

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19
PROCESSING
OFFERING A WIDE
ARRAY OF INVESTMENT
MANAGEMENT PRODUCTS
AND SERVICES AND A
FULL RANGE OF GLOBAL
FUNDS PROCESSING
CAPABILITIES THROUGH:
•ONE OF THE NATION’S
LARGEST WEALTH
MANAGERS
•THE 4TH-LARGEST
PUBLICLY TRADED
ASSET MANAGER
•THE LARGEST FULL-
SERVICE MUTUAL FUND
TRANSFER AGENT
PNC Advisors is one
of the nation’s largest wealth managers,
with offices in 19 states and a presence
in seven of the country’s wealthiest
geographic markets. It includes full-
service brokerage Hilliard Lyons and
Hawthorn, an investment consultant
for the ultra-affluent.
In 2001, PNC Advisors
enhanced its planning capabilities
for clients throughout the wealth
management spectrum and improved
its distribution platform.
Through its newly-created
Wealth Management Group, PNC
Advisors gathers a full range of finan-
cial planning and investment manage-
ment services under one umbrella,
delivered by a single point of contact
— the Client Advisor. This client-cen-
tered approach contributed to strong
customer growth in 2001, as evidenced
by $1 billion in net asset inflows from
new and existing customers in a diffi-
cult market environment.
Hilliard Lyons increased the
proportion of employees dedicated to
client contact and grew total accounts
by more than 37,000 last year while
streamlining support functions.
To take advantage of Hilliard
Lyons’ fuller product line and technol-
ogy — and better leverage PNC’s
brand in its traditional markets —
PNC is planning to integrate its
branch-based brokerage operations