RESEARCH |
2021
PLANADVISER DCIO Survey
Reported by PLANADVISER
| Art by Gizem Vural
Top 10 Providers
| DCIO MANAGERS, BY ASSETS ($MM AS OF 12/31/20) | ||
|---|---|---|
| 1 | BlackRock | $1,205,863 |
| 2 | The Vanguard Group Inc. (Vanguard) | $1,089,300 |
| 3 | T. Rowe Price | $484,789 |
| 4 | State Street Global Advisors | $481,067 |
| 5 | Capital Group|American Funds | $422,196 |
| 6 | J.P.Morgan Asset Management | $261,364 |
| 7 | Northern Trust Asset Management | $217,034 |
| 8 | PGIM | $212,936 |
| 9 | Wells Fargo Asset Management | $129,496 |
| 10 | PIMCO | $124,759 |
| LARGEST DCIO STANDALONE FUNDS, BY ASSETS ($MM AS OF 12/31/20) | ||
|---|---|---|
| 1 | Equity Index (BlackRock) | $370,429 |
| 2 | S&P 500® Index (State Street Global Advisors) | $117,860 |
| 3 | EuroPacific Growth Fund® (Capital Group) | $104,635 |
| 4 | Institutional Index Fund All Classes (Vanguard) | $87,184 |
| 5 | S&P 500 Index Fund–DC Non Lending (Northern Trust) | $51,475 |
| 6 | Dodge & Cox Stock Fund | $37,443 |
| 7 | T. Rowe Price Blue Chip Growth Fund | $34,662 |
| 8 | Fidelity 500 Index | $31,926 |
| 9 | PIMCO Total Return Fund | $29,249 |
| 10 | Stable Value Fund (Wells Fargo) | $28,107 |
| NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPING PLATFORMS | ||
|---|---|---|
| 1 | Fidelity Investments | 472 |
| 2 | BlackRock | 196 |
| 3 | Dimensional Fund Advisors | 150 |
| 4 | Franklin Templeton | 149 |
| 5 | PIMCO | 133 |
| 6 | Nuveen | 122 |
| 7 | T. Rowe Price | 120 |
| 8 | The Vanguard Group Inc. (Vanguard) | 110 |
| 9 | Wells Fargo Asset Management | 106 |
| 10 | Goldman Sachs | 95 |
| NUMBER OF RECORDKEEPING PARTNERS | ||
|---|---|---|
| 1 | Capital Group|American Funds | 207 |
| 2 | DoubleLine | 150 |
| 2 | Putnam Investments | 150 |
| 4 | AllianceBernstein (AB) | 101 |
| 5 | Hartford Funds | 92 |
| 6 | Nuveen | 77 |
| 7 | BlackRock | 61 |
| 8 | Goldman Sachs | 60 |
| 8 | Virtus Investment Partners | 60 |
| 10 | PGIM | 55 |
| LARGEST DCIO TARGET-DATE FUNDS, BY ASSETS ($MM AS OF 12/31/20) | ||
|---|---|---|
| 1 | LifePath Index (BlackRock) | $231,249 |
| 2 | T. Rowe Price Retirement Date Funds | $190,014 |
| 3 | JPM SmartRetirement (J.P.Morgan) | $156,493 |
| 4 | Vanguard Institutional Target Retirement Fund | $142,263 |
| 5 | American Funds Target Date Retirement Series | $132,205 |
| 6 | TDF CITs (State Street Global Advisors) | $79,784 |
| 7 | AB Custom Retirement Strategies (AllianceBernstein) | $52,505 |
| 8 | OneChoice Target Date Portfolios (American Century) | $21,064 |
| 9 | TIAA-CREF Lifecycle Index Funds (Nuveen) | $17,419 |
| 10 | Schwab Managed Retirement Trust Funds | $13,876 |
| LARGEST INCREASE IN DCIO ASSETS (2019 VS. 2020) | ||
|---|---|---|
| 1 | John Hancock Investment Management | 53.3% |
| 2 | Nuveen | 38.6% |
| 3 | Artisan Partners Limited Partnership | 24.7% |
| 4 | Columbia Threadneedle | 23.0% |
| 5 | Loomis, Sayles & Company | 22.5% |
| 6 | T. Rowe Price | 21.0% |
| 7 | J.P.Morgan Asset Management | 20.5% |
| 8 | Putnam Investments | 20.1% |
| 9 | State Street Global Advisors | 20.0% |
| 10 | PGIM | 18.3% |