PGIM DC SOLUTIONS
The retirement solutions provider of PGIM.
We aim to deliver innovative defined contribution solutions founded on market leading research and investment capabilities. Our highly-experienced team partners with clients on customized solutions that seek to solve for current challenges facing DC participants. The team’s expertise spans across plan design and participant engagement, investment best practices, portfolio construction, retirement income, and the regulatory and legislative environment.
ORGANIZATIONAL STRENGTH
PGIM, the investment management business of Prudential Financial, is a global leader in providing access to investing and retirement security. Through its highly specialized businesses, PGIM has deep asset class expertise with global scale across public and private markets. Prudential Financial has more than 95 years* of experience working with thousands of retirement plans and millions of plan participants.
* Prudential has been an innovator and leader in the pension risk transfer market since 1928.
PGIM RETIREWELL™
PGIM DC Solutions is building comprehensive solutions that seek to help the American worker save and spend in retirement. Our PGIM RetireWell™ solutions focus on two principal goals of an individual: financial security and well-being, and the ability to meet financial goals and enjoy financial freedom in retirement. To address these goals, we bring together PGIM’s retirement income pillars, investment capabilities and financial wellness expertise.
PGIM FAST FACTS
$1.3 Trn
total assets under management¹100+
clients with more than $1 billion in DC plan AUM²$168 Bn
total DC assets under management³Top 10
global asset manager for DC plans⁴
Meet the team
Michael Miller
Managing Director
Head of PGIM DC Solutions
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David Blanchett
Managing Director
Portfolio Manager and Head of Retirement Research
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Josh Cohen
Managing Director
Head of Client Solutions
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Ashwini Jambekar
Principal
Chief Operating Officer
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Gregory Phillips
Managing Director
DC Solutions Client Advisor
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Jeremy Stempien
Managing Director
Portfolio Manager and Strategist
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1) AUM as of 3/31/2024. PGIM is the investment management business of Prudential Financial, Inc. (PFI). PFI is the 12th largest investment manager (out of 411 firms surveyed) in terms of worldwide institutional assets under management based on Pensions & Investments’ Top Money Managers list published June 2024. This ranking represents institutional client assets under management by PFI as of 12/31/2023. Participation in the P&I ranking is voluntary and open to managers that have any kind of U.S. institutional tax-exempt AUM. Managers self-report their data via a survey. P&I sends the survey to previously identified managers and to any new managers asking to participate in the survey/ranking. No compensation is required to participate in the ranking. As of 3/31/2024, PGIM DC Solutions AUM is $1.3 billion. 2) Based on PGIM client list as of 6/30/2023, compared to Pensions & Investments’ Top U.S. Plan Sponsors list as of 9/30/2022. 3) As of 3/31/2024. Total DC AUM includes assets under management by PGIM and its affiliates for defined contribution investment purposes only and includes assets held in Prudential’s general account that supports DC retirement accounts. AUM for PGIM DC Solutions is $1.3B as of 3/31/2024. 4) PFI is the 10th largest investment manager (out of 411 firms surveyed) in terms of U.S. defined contribution assets under management based on Pensions & Investments' Top DC Money Managers list published June 2024. This ranking represents U.S. defined contribution assets under management by PFI as of 12/31/2023. Participation in the P&I ranking is voluntary and open to managers that have any kind of U.S. institutional tax-exempt AUM. Managers self-report their data via a survey. P&I sends the survey to previously identified managers and to any new managers asking to participate in the survey/ranking. No compensation is required to participate in the ranking.