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
Providers
Legg Mason
| TOTAL DCIO ASSETS ($MM) | |
|---|---|
| Q1 2014 | $26,400 |
| Year ending 12/31/2013 | $26,000 |
| Year ending 12/31/2012 | $25,000 |
| TOP DCIO FUND | |
|---|---|
| Fund name | Royce Penn. Mutual Fund` |
| Fund assets ($MM) | $2,670 |
| Portfolio manager | Chuck Royce |
| Start date | 1972 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 85% |
| Collectives | 3% |
| Separate accounts | 12% |
| Stocks | 65% |
| Bonds (excluding stable value) | 33% |
| Stable value | 0% |
| Money market | 1% |
| Asset allocation* | 1% |
| % Active/Passive | |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on advisers | 8 |
| Salespeople focused on institutional | 3 |
| Compliance support | |
| Plan benchmarking | |
| Target-date evaluation tools | |
| Training for DC plan sales/service | |
| Investment committee meetings | |
| # OF RK SELLING AGREEMENTS | 62 |
|---|
| *Target-date, target-risk, balanced.`Royce Pennsylvania Mutual Fund. |