NAPA FIRM PARTNERS
DCIOs
Schwab Asset Management San Francisco, CA | schwabassetmanagement.com
KEY CONTACT(S)
14
DCIO Assets Breakdown [%]
Neil Hickey 617.960.5217 | neil.hickey@schwab.com
Collective Trusts: 37%
FIRM PROFILE
Mutual Funds: 45%
At Charles Schwab Investment Management, Inc. dba Schwab Asset Management, we believe in a straightforward, purposeful approach to asset management. We have partnered with clients for more than 30 years to provide products with investors’ needs in mind and we are an industry leader in mutual funds, ETFs, separately managed accounts, and collective investment trusts, including target date funds. Schwab Asset Management’s dedicated and experienced DCIO team builds relationships with consultants, advisers, and recordkeepers and provides education on industry trends and how our deliberate lineup of core products and customizable solutions can serve the central needs of most investors.
PRIMARY MARKET(S) SERVED
Money Markets: 6% Separate Accounts: 0% Stable Value: 0% Other: 12% Asset Allocation Funds Schwab Mutual Funds: • Schwab Target Index Funds • Schwab Target Funds • Schwab MarketTrack Portfolios • Schwab Monthly Income Funds • Schwab Balanced Fund Charles Schwab Trust Bank Collective Investment Trusts: • Schwab Managed Retirement Trusts (TDF) • Schwab Indexed Retirement Trusts (TDF) Top 5 Funds by DC Assets [Fund Name | Total Assets] 1. Schwab S&P 500 Index Fund: $12,958,466,898 2. Schwab Managed Retirement Trust Funds (TDF): $12,275,600,000 3. Schwab Index Retirement Trust Funds (TDF): $9,120,700,000 4. Schwab Total Stock Market Index Fund: $1,730,977,908
ASSETS MANAGED [As of 6/30/21] Total AUM $637,400,000,000
Total DCIO Assets $60,907,055,550
5. Schwab International Index Fund: $1,707,277,242
ADVISOR SUPPORT SERVICES • External Wholesalers Focused on Advisors • External Wholesalers Focused on Institutional • Target-Date Evaluation Tools • Training for DC Plan Sales/Service • Investment Committee Meetings
NO. OF EXTERNAL WHOLESALERS DC: 21 | Retail: 0 NAPA BLACK BOOK 2021