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
BlackRock
| TOTAL DCIO ASSETS ($MM) | |
|---|---|
| Q1 2014 | $545,232 |
| Year ending 12/31/2013 | $526,507 |
| Year ending 12/31/2012 | $405,413 |
| TOP DCIO FUND | |
|---|---|
| Fund name | LifePath Target Date Fund |
| Fund assets ($MM) | $109,463 |
| Portfolio manager | L. Gambon, A. Mason, A. Whitelaw |
| Start date | 2007, 2009, 2010 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 11% |
| Collectives | 44% |
| Separate accounts | 45% |
| Stocks | 64% |
| Bonds (excluding stable value) | 14% |
| Stable value | 0% |
| Money market | 0% |
| Asset allocation* | 22% |
| % Active/Passive | |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on advisers | 18 |
| Salespeople focused on institutional | 17 |
| Compliance support | |
| Plan benchmarking | |
| Target-date evaluation tools | |
| Training for DC plan sales/service | |
| Investment committee meetings | |
| # OF RK SELLING AGREEMENTS | 60 |
|---|
| *Target-date, target-risk, balanced. |