2021 Outsourced-Chief Investment Officer Survey

Providers By Clients/Assets

Provider	No. of Clients, Full Discretion
Aetos Alternatives Management, LP	5
Agility	40
Alan Biller and Associates	29
Angeles Investments LLC	53
Aon	182
Artemis Wealth Advisors, LLC	13
Bank of America Private Bank	487
BlackRock	106
BNY Mellon	371
Cambridge Associates	111
Canterbury Consulting	25
Commonfund	75
Disciplina Group	14
Discretionary Management Services, LLC	25
FEG Investment Advisors	104
Fidelity Institutional Asset Management, LLC	78
Global Strategic Investment Solutions	64
Goldman Sachs	499
Hall Capital Partners LLC (“HCP”)
Hirtle, Callaghan & Co.	200
J.P. Morgan Asset & Wealth Management	388
LCG Associates, Inc.	8
Marquette Associates	119
Meketa Investment Group	61
Mercer	1,531
Mill Creek Capital Advisors, LLC
Morgan Stanley & Co. LLC	271*
NEPC, LLC^	59
Northern Trust Corporation	461
Partners Capital Investment Group, LLP	117
PFM	236
PNC Institutional Asset Management	4,561
Prime Buchholz LLC	17
River and Mercantile	110
Russell Investments	450
SECOR Asset Management	4
Segal Marco Advisors	62
SEI Investments	505
Spider Management Company	28
Spruceview Capital Partners	2
State Street Global Advisors	226
Strategic Investment Group^§	29
TIFF
Vanguard Institutional Advisory Services	1,203
Verger Capital Management	8
Wespath	140
Willis Towers Watson*	252
Wilshire	23

^{^} Data as of 12/31/2020.
^§Data was submitted after initial publication.
^* Submitted 9/30/20 data.