RESEARCH |
2023
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
Putnam Investments
| TOTAL DCIO ASSETS (US only) ($MM) | |
|---|---|
| Year ending 12/31/2022 | $37,636 |
| Year ending 12/31/2021 | $36,919 |
| Total DCIO funds | 85 |
| Number of TDF series | 4 |
| LARGEST STANDALONE DCIO FUND ($MM) | |
|---|---|
| Fund name | Putnam Stable Value |
| Fund assets | $16,873 |
| Portfolio manager | Steven Horner, Andrew Benson, Jo Anne Ferullo, Sriketan Mahanti |
| First Year Managing Fund | 2003, 2021, 2022 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 26% |
| Collective investment trusts | 68% |
| Separate accounts | 6% |
| Equity | 30% |
| Hybrid/Multi-Asset | 19% |
| Stable value/Money market | 47% |
| Fixed-Income | 4% |
| % Active Management | 100% |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on retail financial advisers | 60 |
| Salespeople focused on DC specialist financial advisers | 12 |
| Salespeople focused on institutional | 8 |
| Compliance support | Yes |
| Access to ERISA Counsel | No |
| Conferences for advisers | Yes |
| Plan benchmarking | Yes |
| Lead generation | Yes |
| Investment committee meetings | Yes |
| Target-date evaluation tools | Yes |
| Training for DC plan sales/service | Yes |
| # RECORDKEEPING PARTNERS | 75 |