Form ADV Part 2B November 21, 2018

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PNC Capital Advisors LLC PNC Harbor Place One East Pratt Street Fifth Floor - East Baltimore, MD 21202 www.pnccapitaladvisors.com Form ADV Part 2B November 21, 2018 Municipal Fixed Income Management Team Adam Mackey, Managing Director Robert Howells, Portfolio Manager Marques Glaze, Portfolio Manager William Bonawitz, Director of Municipal Research This brochure supplement provides information about Mr. Mackey, Mr. Howells, Mr. Glaze and Mr. Bonawitz that supplements the PNC Capital Advisors, LLC brochure. You should have received a copy of that brochure. Please contact Christopher Marcsisak at 412-762- 2717 if you did not receive the PNC Capital Advisors, LLC brochure or if you have any questions about the contents of this supplement. Additional information about these individuals is available on the SEC s website at www.adviserinfo.sec.gov.

Mr. Adam Mackey Born 1973 B.S.B.A., Kutztown University M.B.A., St. Joseph s University PNC Capital Advisors, 2001 to Present Mr. Mackey has no investment-related business activities other than his employment at Mr. Mackey does not receive any economic benefit, such as sales awards or other prizes, Mr. Aneet Deshpande, the firm s Chief Investment Officer, supervises Mr. Mackey. Mr. Deshpande s supervision involves overseeing the effectiveness of investment research, portfolio construction, security selection, and client service by Mr. Mackey and the Municipal Fixed Income Management Team. Mr. Deshpande may be contacted at 216-222-9188.

Mr. Robert Howells Born 1978 B.S.B.A., Drexel University PNC Capital Advisors, 2003 to Present Mr. Howells has no investment-related business activities other than his employment at Mr. Howells does not receive any economic benefit, such as sales awards or other prizes, Mr. Adam Mackey supervises Mr. Howells. Mr. Mackey s supervision involves overseeing the effectiveness of investment research, portfolio construction, security selection, and client service by Mr. Howells in his capacity as portfolio manager of the Municipal Fixed Income Management Team. Mr. Mackey may be contacted at 215-585- 4791.

Mr. Marques Glaze Born 1980 B.A., Bloomsburg University M.B.A., La Salle University The Vanguard Group, 2004 to 2012 PNC Capital Advisors, 2012 to Present Mr. Glaze has no investment-related business activities other than his employment at PNC Capital Advisors, LLC to report and does not receive commissions, bonuses or other Mr. Glaze does not receive any economic benefit, such as sales awards or other prizes, Mr. Adam Mackey supervises Mr. Glaze. Mr. Mackey s supervision involves overseeing the effectiveness of investment research, portfolio construction, security selection, and client service by Mr. Glaze in his capacity as portfolio manager of the Municipal Fixed Income Management Team. Mr. Mackey may be contacted at 215-585-4791.

Mr. William Bonawitz, CFA 1 Born 1978 B.S., Drexel University (Economics and Finance) PNC Capital Advisors, 2003 to Present Mr. Bonawitz has no investment-related business activities other than his employment at Mr. Bonawitz does not receive any economic benefit, such as sales awards or other prizes, Mr. Adam Mackey supervises Mr. Bonawitz. Mr. Mackey s supervision involves overseeing the effectiveness of investment research, portfolio construction, security selection, and client service by Mr. Bonawitz in his capacity as Director of Municipal Research for the Municipal Fixed Income Management Team. Mr. Mackey may be co 1 The CFA (Chartered Financial Analyst) designation is issued by the CFA Institute. Candidates must meet one of the following prerequisites: undergraduate degree and 4 years of professional experience involving investment decision-making, or 4 years qualified work experience (full time, but not necessarily investment related) and are required to pass examinations for all 3 levels.