Pnc Steel City Advisors, LLC

Registered investment adviser · Pittsburgh, PA · CRD #172658

Form ADV data as of 2026-09-01

Regulatory assets

$2.72 billion

Total accounts

Employees

Disclosure events

Firm details

Telephone: 312-454-2922
SEC file number: 801-80567
Most recent Form ADV filing: 2026-05-15
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 6 disclosure questions answered Yes, covering 8 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC entered an order in connection with investment-related activity
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
Another regulator found a violation of investment-related regulations or statutes
Another regulator entered an order in connection with investment-related activity (past 10 years)

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$18.2 million
Non-discretionary regulatory assets under management	$2.70 billion
Total regulatory assets under management	$2.72 billion
Discretionary accounts	1
Non-discretionary accounts	3
Total accounts	4
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	12
Employees performing investment advisory functions (including research)	12
Employees who are registered representatives of a broker-dealer	1
Employees registered as investment adviser representatives with a state	0
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
Client funds and securities held in the firm's custody	$0
Clients for whom the firm has custody	0
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
Client funds and securities held in a related person's custody	$0
Clients for whom a related person has custody	0
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	0

How the firm is compensated

A percentage of assets under managementPerformance-based fees

Advisory services offered

Portfolio management for pooled investment vehicles

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Commodity pool operator or commodity trading advisorBanking or thrift institutionTrust companySponsor, general partner, or managing member of pooled investment vehicles

Client types

Type of client	Clients	Assets
Business development companies	1	$668.4 million
Pooled investment vehicles (other than investment companies and BDCs)	3	$2.05 billion