LN
LN

Lakhi Narang

24 Years of Experience
Washington, DC
Broker

Lakhi Narang is a registered investment advisor at PNC Wealth Management, based in Washington, DC, with 24 years of industry experience. Lakhi operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Annuities. Their firm serves 157,536 clients with $27B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
1116 advisors
Number of Clients
157,536 clients
Average Client Portfolio
$168K average
Assets Under Management
$26.5B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.00%
$250K - $500K1.75%
$500K - $1.0M1.50%
$1.0M - $2.0M1.25%
$2.0M - $4.0M1.00%
$4M+1.00%

Fees negotiable for accounts over $4,000,000. From time-to-time, we offer discounted pricing programs at our discretion. For example, current employees of PNCWM and their immediate family members are eligible for employee pricing.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

1201 Wisconsin Avenue Nw, Washington, DC, 20007

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
PNC Wealth Management LLCBroker
January 2023 - Present · 3 yrs 6 mos
PNC Wealth Management
January 2023 - Present · 3 yrs 6 mos
Previous Registrations
Wells Fargo Clearing Services, LLCBroker
March 2020 - January 2023 · 2 yrs 10 mos
Wells Fargo Clearing Services, LLC
March 2020 - January 2023 · 2 yrs 10 mos
PNC Investments
June 2015 - November 2018 · 3 yrs 5 mos
PNC InvestmentsBroker
February 2015 - November 2018 · 3 yrs 9 mos
PNC Investments
May 2007 - May 2012 · 5 yrs
PNC InvestmentsBroker
May 2005 - May 2012 · 7 yrs
Linsco/private Ledger CORP.Broker
November 2003 - May 2005 · 1 yr 6 mos
Riggs Securities INC.Broker
January 1999 - November 2003 · 4 yrs 10 mos
Financial Network Investment CorporationBroker
February 1998 - December 1998 · 10 mos
Financial Network Investment CorporationBroker
September 1997 - January 1998 · 4 mos
State Registrations5 states
DCMDNJPAVA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
Lakhi Narang - Financial Advisor | TrueAdvisor