2021 Outsourced-Chief Investment Officer Survey

Providers By Clients/Assets

Provider	Health Care
Aetos Alternatives Management, LP	$222mm
Agility
Alan Biller and Associates	$2.8b
Angeles Investments LLC	111mm
Aon	$633mm
Artemis Wealth Advisors, LLC
Bank of America Private Bank
BlackRock
BNY Mellon
Cambridge Associates	$2.3b
Canterbury Consulting	$372mm
Commonfund	$508mm
Disciplina Group	$230mm
Discretionary Management Services, LLC
FEG Investment Advisors
Fidelity Institutional Asset Management, LLC
Global Strategic Investment Solutions
Goldman Sachs	$2.8b
Hall Capital Partners LLC (“HCP”)
Hirtle, Callaghan & Co.	$1.8b
J.P. Morgan Asset & Wealth Management	$264mm
LCG Associates, Inc.
Marquette Associates	$854mm
Meketa Investment Group	$400mm
Mercer	$2.5b
Mill Creek Capital Advisors, LLC	$400mm
Morgan Stanley & Co. LLC	$787mm
NEPC, LLC^	$3.6b
Northern Trust Corporation	$1.3b
Partners Capital Investment Group, LLP
PFM
PNC Institutional Asset Management	not tracked separately
Prime Buchholz LLC	$74mm
River and Mercantile	$145mm
Russell Investments	$13.2b
SECOR Asset Management
Segal Marco Advisors	$187mm
SEI Investments	$18.6b
Spider Management Company
Spruceview Capital Partners	n/a
State Street Global Advisors	$2.1b
Strategic Investment Group^§	$2.3b
TIFF
Vanguard Institutional Advisory Services	$8.7b
Verger Capital Management
Wespath
Willis Towers Watson*
Wilshire	$399mm

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