RESEARCH |
2022
PLANADVISER DCIO Survey
Reported by PLANADVISER
| Art by Lars Leetaru
Top 10 Providers
| DCIO MANAGERS, BY ASSETS ($MM AS OF 12/31/21) | ||
|---|---|---|
| 1 | BlackRock | $1,390,708 |
| 2 | The Vanguard Group | $1,157,900 |
| 3 | State Street Global Advisors | $638,448 |
| 4 | T. Rowe Price | $557,431 |
| 5 | Cap Group/American Funds | $474,909 |
| 6 | J.P. Morgan Asset Management | $277,609 |
| 7 | PGIM | $219,695 |
| 8 | Fidelity | $157,527 |
| 9 | John Hancock Investment Management | $138,033 |
| 10 | Allspring Global Investments | $127,998 |
| LARGEST DCIO STANDALONE FUNDS, BY ASSETS ($MM AS OF 12/31/21) | ||
|---|---|---|
| 1 | BlackRock Equity Index (BlackRock) | $431,730 |
| 2 | S&P 500® Index Strategy (State Street Global Advisors) | $186,664 |
| 3 | Institutional Index Fund All Classes (The Vanguard Group) | $105,966 |
| 4 | EuroPacific Growth Fund® (Cap Group/American Funds) | $102,167 |
| 5 | Dodge & Cox Stock Fund (Dodge & Cox) | $51,229 |
| 6 | Fidelity 500 Index (Fidelity) | $48,649 |
| 7 | T. Rowe Price Blue Chip Growth Fund (T. Rowe Price) | $36,935 |
| 8 | PIMCO Total Return Fund (PIMCO) | $26,624 |
| 9 | Stable Return Fund (Allspring Global) | $22,525 |
| 10 | JPM Large Cap Growth Fund (J.P. Morgan Asset Management) | $20,039 |
| NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPING PLATFORMS | ||
|---|---|---|
| 1 | Fidelity | 475 |
| 2 | BlackRock | 210 |
| 3 | Dimensional Fund Advisors | 200 |
| 4 | Franklin Templeton | 149 |
| 5 | The Vanguard Group | 124 |
| 6 | Nuveen | 122 |
| 7 | T. Rowe Price | 119 |
| 8 | Columbia Threadneedle Investments | 110 |
| 9 | Allspring Global Investments | 96 |
| 10 | J.P. Morgan Asset Management | 88 |
| NUMBER OF RECORDKEEPING PARTNERS | ||
|---|---|---|
| 1 | Cap Group/American Funds | 206 |
| 2 | DoubleLine | 150 |
| 3 | AllianceBernstein (AB) | 100 |
| 4 | Hartford Funds | 92 |
| 5 | Dimensional Fund Advisors | 80 |
| 6 | First Eagle Investments | 75 |
| 6 | Nuveen | 75 |
| 8 | BlackRock | 61 |
| 9 | PGIM | 55 |
| 10 | John Hancock Investment Management | 50 |
| LARGEST DCIO TARGET-DATE FUNDS, BY ASSETS ($MM AS OF 12/31/21) | ||
|---|---|---|
| 1 | LifePath Index (BlackRock) | $288,508 |
| 2 | Target Retirement Fund (The Vanguard Group) | $233,734 |
| 3 | T. Rowe Price Retirement Date Funds (T. Rowe Price) | $225,031 |
| 4 | American Funds Target-Date Retirement Series (Cap Group/American Funds) | $173,181 |
| 5 | Multi-Index 2035 Lifetime (John Hancock Investment Management) | $139,525 |
| 6 | Target Date Non- Lending CITs (State Street Global Advisors) | $69,220 |
| 7 | AB Customized Retirement Strategy (AllianceBernstein (AB)) | $57,263 |
| 8 | One Choice Portfolios (American Century) | $25,246 |
| 9 | TIAA-CREF Lifecycle Index (Nuveen) | $24,000 |
| 10 | Schwab Managed Retirement Trust Funds (CIT) (Schwab Asset Management) | $12,287 |
| LARGEST INCREASE IN DCIO ASSETS (2020 VS. 2021) | ||
|---|---|---|
| 1 | Columbia Threadneedle Investments | 41.92% |
| 2 | Fidelity | 38.08% |
| 3 | State Street Global Advisors | 32.71% |
| 4 | Cohen & Steers | 32.22% |
| 5 | Nuveen | 31.15% |
| 6 | AllianceBernstein (AB) | 28.64% |
| 7 | John Hancock Investment Management | 26.06% |
| 8 | Principal Global Investors | 24.15% |
| 9 | MFS Investment Management | 21.40% |
| 10 | American Century | 19.46% |