RESEARCH |
2020
PLANADVISER DCIO Survey
Reported by PLANADVISER
| Art by Melinda Beck
Top 10 Providers
| DCIO MANAGERS, BY ASSETS ($MM AS OF 12/31/19) | ||
|---|---|---|
| 1 | BlackRock Inc. | $1,081,247 |
| 2 | The Vanguard Group, Inc. (Vanguard) | $902,000 |
| 3 | State Street Global Advisors | $400,740 |
| 4 | T. Rowe Price | $400,535 |
| 5 | Capital Group/American Funds | $363,948 |
| 6 | J.P. Morgan Asset Management | $216,715 |
| 7 | Invesco | $139,854 |
| 8 | Fidelity Investments | $123,423 |
| 9 | Wells Fargo Asset Management | $121,415 |
| 10 | PIMCO | $119,551 |
| LARGEST DCIO STANDALONE FUNDS, BY ASSETS ($MM AS OF 3/31/20) | ||
|---|---|---|
| 1 | S&P 500 (State Street Global Advisors) | $103,087 |
| 2 | Equity Index (BlackRock Inc.) | $73,501 |
| 3 | American Funds EuroPacific Growth Fund® | $73,440 |
| 4 | Vanguard Institutional Index Fund | $66,553 |
| 5 | Invesco Stable Value | $61,356 |
| 6 | PIMCO Total Return Fund | $29,899 |
| 7 | Wells Fargo Stable Return Fund | $29,589 |
| 8 | PGIM Total Return Bond/Core Plus | $26,867 |
| 9 | Dodge & Cox Stock Fund | $26,422 |
| 10 | T. Rowe Price Blue Chip Growth | $21,140 |
| NUMBER OF DCIO FUNDS AVAILABLE ON RECORDKEEPING PLATFORMS | ||
|---|---|---|
| 1 | Fidelity Investments | 285 |
| 2 | The Vanguard Group, Inc. (Vanguard) | 233 |
| 3 | BlackRock Inc. | 191 |
| 4 | Invesco | 150 |
| 5 | T. Rowe Price | 120 |
| 6 | Wells Fargo Asset Management | 114 |
| 7 | PIMCO | 113 |
| 8 | Columbia Threadneedle Investments | 108 |
| 9 | Nuveen | 102 |
| 10 | Goldman Sachs | 95 |
| NUMBER OF RECORDKEEPING PARTNERS | ||
|---|---|---|
| 1 | Fidelity Investments | 300 |
| 2 | Janus Henderson Investors | 250 |
| 3 | Capital Group/American Funds | 207 |
| 4 | American Century | 173 |
| 5 | T. Rowe Price | 130 |
| 6 | Lord Abbett | 125 |
| 7 | AllianceBernstein | 99 |
| 8 | Hartford Funds | 92 |
| 9 | Franklin Templeton | 84 |
| 10 | Nuveen | 79 |
| LARGEST DCIO TARGET-DATE FUNDS, BY ASSETS ($MM AS OF 3/31/20) | ||
|---|---|---|
| 1 | LifePath Index (BlackRock Inc.) | $184,115 |
| 2 | T. Rowe Price Retirement Date Funds | $135,679 |
| 3 | JPMorgan SmartRetirement | $104,338 |
| 4 | Vanguard Institutional Target Date Fund Series | $104,252 |
| 5 | American Funds Target Date Retirement Series® | $93,025 |
| 6 | TDF CITs (State Street Global Advisors) | $53,293 |
| 7 | AB Custom Retirement Strategies (AllianceBernstein) | $39,389 |
| 8 | TIAA-CREF Lifecycle Active (Nuveen) | $28,100 |
| 9 | One Choice Portfolios (American Century) | $17,359 |
| 10 | Schwab Managed Retirement Trusts | $11,099 |
| LARGEST INCREASE IN DCIO ASSETS (2018 VS. 2019) | ||
|---|---|---|
| 1 | Fidelity Investments | 54.6% |
| 2 | Nuveen | 32.8% |
| 3 | MFS Investment Management | 32.6% |
| 3 | The Vanguard Group, Inc. (Vanguard) | 32.6% |
| 5 | DoubleLine | 32.5% |
| 6 | Charles Schwab Investment Management, Inc. (CSIM) | 30.4% |
| 7 | Janus Henderson Investors | 29.7% |
| 8 | AllianceBernstein | 29.4% |
| 8 | Legg Mason Global Asset Management | 29.4% |
| 10 | T. Rowe Price | 28.9% |