RESEARCH |
2023
PLANADVISER DCIO Survey
Reported by PLANADVISER
Top 10 Providers
| DCIO MANAGERS, BY ASSETS ($MM AS OF 12/31/22) | ||
|---|---|---|
| 1 | BlackRock | $1,164,308 |
| 2 | Vanguard | $1,161,080 |
| 3 | State Street Global Advisors | $579,774 |
| 4 | T. Rowe Price | $428,664 |
| 5 | Capital Group / American Funds | $392,196 |
| 6 | J.P. Morgan Asset Management | $237,900 |
| 7 | PGIM | $155,818 |
| 8 | Fidelity Investments | $148,489 |
| 9 | Allspring Global Investments | $111,752 |
| 10 | PIMCO | $106,533 |
| LARGEST DCIO STANDALONE FUNDS, BY ASSETS ($MM AS OF 12/31/22) | ||
|---|---|---|
| 1 | Equity Index (BlackRock) | $369,536 |
| 2 | S&P 500® Index Strategy (State Street Global Advisors) | $154,084 |
| 3 | Institutional Index Fund All Classes (Vanguard) | $87,061 |
| 4 | EuroPacific Growth Fund® (Capital Group / American Funds) | $73,867 |
| 5 | Fidelity 500 Index (Fidelity Investments) | $47,127 |
| 6 | Dodge & Cox Stock Fund (Dodge & Cox ) | $43,070 |
| 7 | Jennison Large Growth Strategy (PGIM) | $23,928 |
| 8 | Stable Return Fund (Allspring Global Investments) | $23,013 |
| 9 | PIMCO Total Return Fund (PIMCO) | $18,856 |
| 10 | MFS Value Fund (MFS Investment Management) | $18,773 |
| NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPING PLATFORMS | ||
|---|---|---|
| 1 | Fidelity Investments | 475 |
| 2 | BlackRock | 230 |
| 3 | Vanguard | 132 |
| 4 | T. Rowe Price | 126 |
| 5 | Nuveen | 122 |
| 6 | Columbia Threadneedle Investments | 110 |
| 7 | Dimensional Fund Advisors | 96 |
| 8 | PIMCO | 95 |
| 8 | Allspring Global Investments | 95 |
| 10 | State Street Global Advisors | 88 |
| NUMBER OF RECORDKEEPING PARTNERS | ||
|---|---|---|
| 1 | DoubleLine | 150 |
| 2 | AllianceBernstein (AB) | 93 |
| 3 | Hartford Funds | 92 |
| 4 | Putnam Investments | 75 |
| 4 | Nuveen | 75 |
| 6 | Capital Group / American Funds | 62 |
| 7 | BlackRock | 61 |
| 8 | PGIM | 55 |
| 9 | T. Rowe Price | 50 |
| 9 | Principal Asset Management | 50 |
| 9 | John Hancock Investment Management | 50 |
| 9 | MFS Investment Management | 50 |
| 9 | Dimensional Fund Advisors | 50 |
| LARGEST DCIO TARGET-DATE FUNDS, BY ASSETS ($MM AS OF 12/31/22) | ||
|---|---|---|
| 1 | Target Retirement Fund (Vanguard) | $522,368 |
| 2 | LifePath Index (BlackRock) | $257,504 |
| 3 | T. Rowe Price Retirement Date Funds (T. Rowe Price) | $198,074 |
| 4 | American Funds Target-Date Retirement Series (Capital Group / American Funds) | $162,299 |
| 5 | State Street Target Retirement Funds (State Street Global Advisors) | $108,310 |
| 6 | Customized Retirement Strategies (AllianceBernstein (AB)) | $61,172 |
| 7 | JPMorgan SmartRetirement Blend CIT (J.P. Morgan Asset Management) | $35,663 |
| 8 | One Choice Portfolios (American Century Investments) | $23,197 |
| 9 | TIAA-CREF Lifecycle Index (Nuveen) | $23,000 |
| 10 | Fidelity Freedom Index (Fidelity Investments) | $16,279 |
| LARGEST INCREASE IN DCIO ASSETS (2021 VS. 2022) | ||
|---|---|---|
| 1 | John Hancock Investment Management | 7% |
| 2 | Putnam Investments | 2% |
| 3 | AllianceBernstein (AB) | 1% |
| 4 | Vanguard | 0% |
| 5 | Fidelity Investments | -6% |
| 6 | State Street Global Advisors | -9% |
| 7 | PGIM | -10% |
| 8 | Principal Asset Management | -11% |
| 9 | Neuberger Berman | -12% |
| 10 | Allspring Global Investments | -13% |