RESEARCH |
2019
PLANADVISER DCIO Survey
Reported by PLANADVISER
| Art by Valeria Petrone
Top 10 Providers
| DCIO MANAGERS, BY ASSETS ($MM AS OF Q1 2019) | ||
|---|---|---|
| 1 | BlackRock, Inc. | $949,412 |
| 2 | Vanguard | $773,039 |
| 3 | Nuveen | $480,202 |
| 4 | State Street Global Advisors | $367,976 |
| 5 | T. Rowe Price | $352,884 |
| 6 | Capital Group/American Funds | $320,153 |
| 7 | J.P. Morgan Asset Management | $206,538 |
| 8 | Principal Global Investors | $146,000 |
| 9 | Wells Fargo Asset Management | $117,777 |
| 10 | PIMCO | $112,211 |
| TOP DCIO FUNDS, BY ASSETS ($MM AS OF Q1 2019) | ||
|---|---|---|
| 1 | BlackRock LifePath Target Date Fund | $227,057 |
| 2 | Vanguard Institutional Index Strategy | $190,057 |
| 3 | T. Rowe Price Retirement Date Funds | $139,997 |
| 4 | J.P. Morgan SmartRetirement Funds (all series) | $116,749 |
| 5 | State Street Global Advisors S&P 500 Index | $103,087 |
| 6 | American Funds EuroPacific Growth Fund | $78,586 |
| 7 | DoubleLine Total Return Bond Fund | $50,405 |
| 8 | AllianceBernstein Target-date Strategies | $42,126 |
| 9 | Principal LifeTime Hybrid Collective Investment Trust | $36,900 |
| 10 | Dodge & Cox Stock Fund | $36,718 |
| NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPING PLATFORMS | ||
|---|---|---|
| 1 | T. Rowe Price | 425 |
| 2 | Vanguard | 339 |
| 3 | Fidelity Investments | 280 |
| 4 | BlackRock, Inc. | >170 |
| 5 | Dimensional Fund Advisors | 150 |
| 6 | PIMCO | 139 |
| 7 | BNY Mellon Investment Management | 118 |
| 8 | Charles Schwab Investment Management, Inc. | 113 |
| 9 | Nuveen | 102 |
| 10 | J.P. Morgan Asset Management | 100 |
| NUMBER OF TARGET-DATE AND TARGET-RISK FUND SERIES | ||
|---|---|---|
| 1 | Charles Schwab Investment Management, Inc. | 12 |
| 2 | BNY Mellon Investment Management | 11 |
| 3 | Franklin Templeton | 9 |
| 4 | Fidelity Investments | 7 |
| 5 | Vanguard | 6 |
| 6 | BlackRock, Inc. | 4 |
| 6 | Charles Schwab Investment Management, Inc. | 4 |
| 6 | Cohen & Steers | 4 |
| 6 | PGIM Investments | 4 |
| 6 | T. Rowe Price | 4 |
| LARGEST INCREASE IN DCIO ASSETS (2017 VS. 2018) | ||
|---|---|---|
| 1 | Cohen & Steers | 16.6% |
| 2 | Morgan Stanley Investment Management | 14.5%* |
| 3# | Fidelity Investments | 10.1% |
| 4# | Vanguard | 9.5% |
| 5# | MassMutual Funds | 4.2% |
| 6# | Putnam Investments | 4.1% |
| 7# | Federated Investors | 3.9% |
| 8# | PGIM Investments | 2.7% |
| 9# | T. Rowe Price | -0.3% |
| 10# | Loomis, Sayles & Co., L.P. | -1.5% |
| LARGEST INCREASE IN DCIO ASSETS (12/31/2018 VS Q1 2019) | ||
|---|---|---|
| 1 | MassMutual Funds | 20.5% |
| 2 | Fidelity Investments | 19.1% |
| 3 | State Street Global Advisors | 15.5% |
| 4 | Wellington Management Company, LLP | 14.6% |
| 5 | Loomis, Sayles & Co., L.P. | 14.2% |
| 6 | T. Rowe Price | 13.5% |
| 7 | Ivy Investments | 13.3% |
| 8 | Morgan Stanley Investment Management | 12.9%* |
| 9# | Artisan Partners | 12.8% |
| 10# | MFS Investment Management | 12.5% |
| Footnote: *Morgan Stanley's data was not included in the print publication of PLANSPONSOR magazine.#Data has been updated/revised since initial publication in PLANSPONSOR magazine. |