RESEARCH |
2023
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
Vanguard
| TOTAL DCIO ASSETS (US only) ($MM) | |
|---|---|
| Year ending 12/31/2022 | $1,161,080 |
| Year ending 12/31/2021 | $1,157,900 |
| Total DCIO funds | 205 |
| Number of TDF series | 6 |
| LARGEST STANDALONE DCIO FUND ($MM) | |
|---|---|
| Fund name | Institutional Index Fund All Classes |
| Fund assets | $87,061 |
| Portfolio manager | Donald M. Butler and Michelle Louie |
| First Year Managing Fund | 2000 and 2017 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 51% |
| Collective investment trusts | 27% |
| Separate accounts | 22% |
| Equity | 40% |
| Hybrid/Multi-Asset | 52% |
| Stable value/Money market | 3% |
| Fixed-Income | 5% |
| % Active Management | 10% |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on retail financial advisers | 135 |
| Salespeople focused on DC specialist financial advisers | 110 |
| Salespeople focused on institutional | *N/A |
| Compliance support | No |
| Access to ERISA Counsel | No |
| Conferences for advisers | Yes |
| Plan benchmarking | Yes |
| Lead generation | No |
| Investment committee meetings | Yes |
| Target-date evaluation tools | Yes |
| Training for DC plan sales/service | No |
| # RECORDKEEPING PARTNERS | 0 |
| *N/A: Institutional Sales is covered by DC Specialist adviser sales team |