DCIOs
NAPAFIRMPARTNERS
Covina, CA • oursphere.org
Boston, MA • ssga.com/us/en/intermediary/ic/capabilities/dc-overview
Sphere
State Street Global Advisors
Key Contact(s)
Key Contact(s)
Alex Wright-Gladstein 510.473.7301 • alex@oursphere.org Jason Britton jason@oursphere.org
Greg Porteous 617.880.9402 • greg_porteous@ssga.com
Firm Profile Sphere offers a climate-safe investment option that avoids the volatility of the fossil fuel industry and votes its proxy shares for climate action. The Sphere 500 Climate Fund (SPFFX) invests in the top 500 biggest US companies and screens out fossil fuel companies and lead contributors to deforestation, among other screens. This large-cap low-fee index fund allows plan advisors to demonstrate their commitment to fiduciary duty with quality product at reasonable fees, while also satisfying a deeply personal desire of their clients, without having to choose between the two.
Primary Market(s) Served Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million, Large: $100-$250 million, Mega: >$250 million
Assets Managed*
Total AUM: $6,000,000 Total DCIO Assets: $3,000,000 DCIO Assets Breakdown [%] Collective Trusts: 0% Money Markets: 0% Mutual Funds: 100% Separate Accounts: 0% Stable Value: 0% Other: 0%
Asset Allocation Funds N/A Top 5 Funds by DC Assets [Fund Name / Total Assets] 1. Sphere 500 Climate Fund (SPFFX): $6,000,000 2. N/A 3. N/A 4. N/A 5. N/A
Firm Profile Anchored in ongoing research and driven by more than 40 years of DC investment, public policy, and behavioral insights, State Street takes an integrated approach to addressing the challenges surrounding retirement readiness. We serve relationships that span the retirement industry, including leading defined contribution plan sponsors, consultants, advisors and recordkeepers. We are proud to serve more than half of the Fortune 100 corporations.
Primary Market(s) Served Large: $100-$250 million, Mega: >$250 million
Assets Managed*
Total AUM: $3,800,000,000,000 Total DCIO Assets: $839,000,000,000 DCIO Assets Breakdown [%] Collective Trusts: 0% Money Markets: 0% Mutual Funds: 0% Separate Accounts: 0% Stable Value: 0% Other: 0%
Asset Allocation Funds N/A Top 5 Funds by DC Assets [Fund Name / Total Assets] N/A
Advisor Support Services External Wholesalers Focused on Advisors, External Wholesalers Focused on Institutional
No. of External Wholesalers DC: 0 Retail: 0
Advisor Support Services Compliance Report, Plan Benchmarking, Training for DC Plan Sales/Service, Investment Committee Meetings
*as of 6.30.23
NAPABLACKBOOK2023
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