10 fund companies advisers like most

Every now and then I find an excellent article evaluating the many different investment firms that are out there and ranking them in order of preference.  This is invaluable knowledge in terms of where the best places would be to have our trading accounts.  This past week, Investment News did just that in publishing a survey titled, "10 fund companies advisers like most."  Some of the names will be very familiar, some may surprise you.  So for your reference, both the link and text of the article is provided below.  Enjoy our nice cool weekend. 


9-4-18 InvestNews: 10 fund companies advisers like most

10 fund companies advisers like most

By Jeff Benjamin  9-4-18 – Investment News

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As mutual fund companies continue to jockey for position in front of the financial advisory market, some firms just know how to get it done on a regular basis.  According to the latest Advisor Brandscape study from Cogent Reports, big brand names matter.

http://www.investmentnews.com/gallery/20180831/FREE/831009999/PH/10-fund-companies-advisers-like-most

Dodge & Cox

2018 ranking: 10
2016 ranking: 10
Assets: $297 billion
Founded in 1930, San Francisco-based Dodge & Cox is one of the nation’s oldest mutual fund companies.

DoubleLine

2018 ranking: 9
2016 ranking: 8
Assets: $120 billion
Los Angeles-based DoubleLine was founded by Jeffrey Gundlach, a bond specialist known for making bold market calls.

BlackRock

2018 ranking: 8
2016 ranking: 7
Assets: $6.28 trillion
BlackRock is a New York-based financial services conglomerate that stands out as the world’s largest asset manager. 

Charles Schwab Investment Management

2018 ranking: 7
2016 ranking: 9
Assets: $3.36 trillion
While San Francisco-based Charles Schwab Corp. is still mostly known as a discount brokerage and custodial platform, it also manages a lot of assets.

American Funds

2018 ranking: 6
2016 ranking: 5
Assets: $1.3 trillion
Founded in 1931, Los Angeles-based American Funds is a perennial favorite of financial advisers.

T. Rowe Price

2018 ranking: 5
2016 ranking: 4
Assets: $991 billion
Founded in 1937 by former brokerage accountmanager Thomas Rowe Price Jr., T. Rowe Priceinitially grew by poaching employees from crosstown Baltimore neighbor McKubin, Legg and Co., the precursor to Legg Mason. 

Dimensional Fund Advisors

2018 ranking: 4
2016 ranking: 6
Assets: $582 billion
Austin, Texas-based Dimensional Fund Advisorshas the unique appeal of only being accessible through a financial intermediary. 

PIMCO

2018 ranking: 3
2016 ranking: 3
Assets: $1.77 trillion
Once known mostly for its star bond fund manager Bill Gross, who has since departed for Janus Funds, the Newport, Calif.-based Pimco Funds maintains a solid reputation as a fixed-income shop. 

Fidelity Investments

2018 ranking: 2
2016 ranking: 2
Assets: $2.45 trillion
Similar to Schwab, Boston-based Fidelity Investments is a sprawling financial services conglomerate that touches virtually every corner of asset management and brokerage services. 

The Vanguard Group

2018 ranking: 1
2016 ranking: 1
Assets: $5.1 trillion
Considering the reputation of the Malvern, Pa.-based asset management firm’s reputation as a low-cost provider, it is not surprising that The Vanguard Group is holding firm to the top spot.