Art by Chris Buzelli

2015 PLANSPONSOR Managed Account Buyer's Guide

The six providers included in the 2015 PLANSPONSOR Managed Account Buyer's Guide have added nearly 30,000 new plans/clients since 2012, a growth rate nearly double that seen in total defined contribution plans during the same period—28% vs. 15%. To differentiate their products from target-date funds, managed account providers are making services more personalized, relevant and engaging to plan participants. Common areas of improvement included new or enhanced processes/tools to assist with retirement income planning and additions to the online experience—i.e., mobile support, expanded content, etc. Many now also offer “retail” versions of their products so that participants may continue their relationship should they leave the plan.

Published in PLANSPONSOR October 2015


back to top

PLANSPONSOR'S biennial Managed Account Survey was distributed to managed account providers in July and August and received six responses. Providers were identified as part of our 2015 PLANSPONSOR Recordkeeping Survey, published in June. More extensive product descriptions are available at Data on other advice and guidance offerings were collected as part of a supplemental survey distributed in September to the 35 largest recordkeepers as measured by total defined contribution (DC) assets. All profiles are meant to be representative of provider experience and capabilities. For information on the full survey results, email Brian O’Keefe at


back to top


By most accounts, defined contribution plan participants are increasingly turning to professionally managed asset-allocation solutions, whether they be a single target-date fund, a single traditional target-risk fund or a managed account advisory program. The Managed Account Buyer’s Guide is a snapshot list of the providers of managed account products, and how they differentiate themselves.