RESEARCH |
2023
PLANADVISER DCIO Survey
Reported by PLANADVISER
Providers
Charles Schwab Investment Management, Inc., dba Schwab Asset Management
| TOTAL DCIO ASSETS (US only) ($MM) | |
|---|---|
| Year ending 12/31/2022 | $54,600 |
| Year ending 12/31/2021 | $64,400 |
| Total DCIO funds | 76 |
| Number of TDF series | 4 |
| LARGEST STANDALONE DCIO FUND ($MM) | |
|---|---|
| Fund name | Schwab S&P 500 Index Fund |
| Fund assets | $10,640 |
| Portfolio manager | Christopher Bliss, Ferian Juwono, Sabya Sinha, Jeremy Brown |
| First Year Managing Fund | 2017, 2013, 2017, 2019 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 45% |
| Collective investment trusts | 33% |
| Separate accounts | 0% |
| Equity | 49% |
| Hybrid/Multi-Asset | 37% |
| Stable value/Money market | 9% |
| Fixed-Income | 5% |
| % Active Management | 11% |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on retail financial advisers | 16 |
| Salespeople focused on DC specialist financial advisers | 16 |
| Salespeople focused on institutional | *N/A |
| Compliance support | No |
| Access to ERISA Counsel | No |
| Conferences for advisers | Yes |
| Plan benchmarking | No |
| Lead generation | Yes |
| Investment committee meetings | Yes |
| Target-date evaluation tools | No |
| Training for DC plan sales/service | Yes |
| # RECORDKEEPING PARTNERS | 31 |
| *N/A: Institutional Sales is covered by DC Specialist adviser sales team |