Methodology
The 2019 PLANADVISER DCIO Survey was conducted this April and May via an online questionnaire. Approximately 85 investment firms known or thought to market to defined contribution (DC) plans received the questionnaire; the 38 organizations listed in the pages that follow were those that agreed to complete the survey in its entirety. This information is for reference only and is not comprehensive of the entire DCIO industry, as some major providers chose not to participate. For more information on data available for purchase, or to take part in a future survey, please email surveys@strategic-i.com.
Charles Schwab Investment Management, Inc.
| TOTAL DCIO ASSETS ($MM) |
|---|
| Q1 2019 | $22,520 |
| Year ending 12/31/2018 | $20,100 |
| Year ending 12/31/2017 | $23,104 |
| Total DCIO funds | 113 |
| TOP DCIO FUND |
|---|
| Fund name | Schwab Managed Retirement Trust (SMRT) Funds |
| Fund assets ($MM) | $12,170 |
| Portfolio manager | T. Creasy |
| Start date | 2002 |
| Number of TDF series | 12 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) |
|---|
| Mutual funds | 77% |
| Collective investment trusts | 23% |
| Separate accounts | 0% |
| Stocks | 62% |
| Bonds (excluding stable value) | 4% |
| Stable value/Money market | 9% |
| Asset allocation (target-date, target-risk, balanced) | 25% |
| % Active/Passive | 47%/53% |
| ADVISER SUPPORT/SERVICES |
|---|
| Salespeople focused on advisers | 21 |
| Salespeople focused on institutional | 7 |
| Compliance support | |
| Plan benchmarking | |
| Target-date evaluation tools | |
| # OF RECORDKEEPER SELLING AGREEMENTS | 40 |
|---|
