DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Consultants and OCIOs

Who advises the capital

A consultant is on this graph three ways: it swears on Form ADV Item 5.G(6) that it provides pension consulting (with its institutional client counts and RAUM by client type), a plan lists it on Schedule C with a service code, or a public system names it in the ACFR. Client counts here are relationships on the tape, never the adviser’s own marketing number.

898 firms
FirmTypeStateAdvisory clientsPublic systemsActuarialCustody / trusteeADV institutional clientsADV institutional RAUM
Segal Marco AdvisorsOCIO18611284$44B
Nepc, LLCOCIO1281202322$121B
J.P. Morgan Investment Managementmanager9900131,247$487B
AON Investments USA IncOCIO985111312$114B
Marquette Associates Inc.OCIO92110224$40B
Verus Advisory, Inc.OCIO6480053$15B
Towers Watson Investment Services,OCIO630141106$62B
Meketa Investment Group Inc.OCIO631902302$9.3B
Fiducient Advisors LLCOCIO55001546$64B
Trustage Investment ManagementOCIOWI44050331$36B
Callan LLCOCIO441300452$33B
Cambridge AssociatesOCIO38301345$227B
Quan Vest Consultantsconsultant3500040
Reynolds Consulting Services, LLCconsultant3500052
Alan Biller and AssociatesOCIOCA3301026$57B
WilshiremanagerCA3320094,479$11B
Curcio Webbconsultant2906150
OnedigitalOCIOKS290215,182$139B
Albourne America LLCconsultant26110084
Global Retirement PartnersOCIO1800011,184$159B
USI Advisors, IncconsultantCT160201,023$44B
Cook Street Consulting, IncOCIO1600053$7.1B
Aksia LLCmanagerNY12140050$12B
Dahab AssociatesconsultantNY1200185
Stepstone Group LLCmanager1240059
Goldman Sachs Asset ManagementmanagerNY11002852$531B
Hamilton LaneOCIOPA1170079$82B
Investment Consulting Services, LLCconsultant1100031
Sage Advisory Services Ltd. Co.OCIOTX10002588$16B
Mariner Institutional LLCconsultantFL1001041$2.1B
LCG Associatesconsultant1000065$1.7B
FegOCIOOH10000169$24B
Rocaton Investment Advisors LLCOCIO900018$13B
Fiduciary Investment Advisorsconsultant900072$3.7B
Wealthspire Retirement AdvisoryOCIOCA80301,395$36B
Portfolio Evaluations, Inc.consultantNJ8000226
Monticello Associatesconsultant8000163
Prime Buchholz LLCOCIONH7001208$11B
Cliffwater LLCmanagerCA720018$1.6B
Strategic Investment Management, LLCOCIOVA700054$31B
PFM Asset Management LLCOCIO7000752$90B
CaptrustOCIONC70003,804$1135B
World Investment Advisors, LLCOCIO70004,041$60B
Angeles Investment Advisors, LLCmanager600138$2.8B
Meketa Fiduciary Management, LLCOCIO600144$20B
Investment Consulting GroupconsultantIA600034$2.2B
Asset Consulting Groupconsultant600081$602M
RVK, Inc.consultant6500154$769M
MMA Securities LLCconsultantNY60002,549
Clearview AdvisoryconsultantGA6000102$2.7B
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