NAPA Net - Polling Places 052016

How WIll Managed Accounts "Manage?"

A recent Cerulli report notes that, while managed accounts have enjoyed success in recent years, they’re not likely to overtake target-date funds in popularity for a number of reasons.

As of year-end 2014, 22% of DC plans offered a managed account, a figure that has doubled since 2009. However, managed accounts were available to better than half of plan participants, Cerulli notes, as well as that despite growing availability, participant adoption remains limited—just 7% of participants used these accounts as of year-end 2014.

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* 1. Do you currently use managed accounts in your practice?

Yes

Not Yet

Not sure

Other (please specify)

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* 2. What percentage of your current clients use them?

< 25%

25% to 50%

50% to 75%

More than 75%

None

Other/Comments?

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* 3. Do you use them alongside target-date funds, or in place of them?

Alongside target-date funds

In place of target-date funds

Both

It depends

Don't use them at present

Other thoughts?

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* 4. Do you prefer managed accounts to target-date funds?

Not really

Yes

Depends on the situation

Other (please specify)

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* 5. Other thoughts about managed accounts, TDFs, the use of managed accounts versus TDFs, the costs of managed accounts versus TDFs, or anything along those lines?

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* 6. What is your role working with retirement plans?

Advisor

Provider

TPA

Plan sponsor

Recordkeeper

Other (please specify)

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* 7. What size plans do you PRIMARILY work with?

Under $10 million in assets

$10-$20 million

$20-$50 million

$50-100 million

$100 million - $250 million

$250 million - $500 million

Above $500 million

Other (please specify)

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* 8. Suggestions for future survey questions?

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* 9. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...