RESEARCH |
PLANA
DVISER’s 2014 DCIO Survey
<div id="summary" title="summary">DCIO providers’ assets and services flourish</div>
Reported by PLANADVISER
| Art by Christian Northeast
Top 10 Providers
| DCIO MANAGERS BY ASSETS (AS OF Q1 2014) | ||
|---|---|---|
| 1 | BlackRock | $545,232 |
| 2 | TIAA-CREF | $390,615 |
| 3 | State Street Global Advisors | $253,351 |
| 4 | T. Rowe Price | $191,129 |
| 5 | PIMCO | $190,900 |
| 6 | J.P. Morgan | $117,519 |
| 7 | Northern Trust | $110,887 |
| 8 | Invesco | $96,264 |
| 9 | Fidelity Investments | $69,599 |
| 10 | Goldman Sachs Asset Management | $66,323 |
| TOP DCIO FUNDS BY ASSETS | ||
|---|---|---|
| 1 | BlackRock LifePath Target Date Fund | $109,463 |
| 2 | PIMCO Total Return Fund | $100,900 |
| 3 | State Street Global Advisors S&P 500 | $63,109 |
| 4 | T. Rowe Price Retirement Date Funds | $56,679 |
| 5 | Invesco Stable Value Trust | $46,196 |
| 6 | J.P. Morgan SmartRetirement Funds | $41,681 |
| 7 | AllianceBernstein Target Date Strategies | $23,166 |
| 8 | Fidelity Contrafund | $17,513 |
| 9 | Northern Trust S&P 500 Index Fund – DC Non Lending | $16,991 |
| 10 | Wells Fargo Dow Jones Target Date Funds | $14,748 |
| LARGEST INCREASE IN DCIO ASSETS (2012 vs. 2013) | ||
|---|---|---|
| 1 | Principal Funds | 65.4% |
| 2 | Ivy Funds Distributor, Inc. | 57.8% |
| 3 | Dimensional Fund Advisors | 41.5% |
| 4 | T. Rowe Price | 38.4% |
| 5 | State Street Global Advisors | 35.7% |
| 6 | Prudential Investments | 34.5% |
| 7 | J.P. Morgan | 33.6% |
| 8 | AllianceBernstein | 33.0% |
| 9 | Northern Trust | 32.6% |
| 10 | BlackRock | 29.9% |
| NUMBER OF RECORDKEEPER SELLING AGREEMENTS | ||
|---|---|---|
| 1 | Great-West Financial | 244 |
| 2 | Janus | 225 |
| 3 | American Beacon Advisors | 200 |
| 3 | American Century | 200 |
| 5 | AllianceBernstein | 105 |
| 6 | Wells Fargo | 100 |
| 7 | Ivy Funds Distributor, Inc. | 98 |
| 8 | Franklin Templeton | 88 |
| 9 | Federated Investors | 87 |
| 10 | Calvert Investments | 81 |
| LONGEST-TENURED PORTFOLIO MANAGERS | ||
|---|---|---|
| 1 | Chuck Royce | 1972 |
| 2 | Marian Marinack | 1986 |
| 3 | Cathe Tocher | 1987 |
| 3 | Bill Gross | 1987 |
| 5 | Will Danoff | 1990 |
| 5 | Bill Jamison | 1990 |
| 7 | Benno Fischer | 1991 |
| 8 | Scott Wilson | 1992 |
| 8 | Donald Yacktman | 1992 |
| 10 | John Tucker | 1994 |
| LARGEST INCREASE IN DCIO ASSETS (12/31/2013 vs. Q1 2014) | ||
|---|---|---|
| 1 | Franklin Templeton | 39.7% |
| 2 | AMG Funds (formerly Managers Investment Group) | 16.7% |
| 3 | Goldman Sachs Asset Management | 15.1% |
| 4 | Calvert Investments | 14.2% |
| 5 | John Hancock Investments | 11.7% |
| 6 | American Beacon Advisors | 8.1% |
| 7 | J.P. Morgan | 7.6% |
| 8 | Ivy Funds Distributor, Inc. | 6.9% |
| 9 | Principal Funds | 6.87% |
| 10 | Dimensional Fund Advisors | 6.4% |