| MERCER GLOBAL ADVISORS INC /ADV | 8,117,410 | $2.8bn | 3.4% |
| ENVESTNET ASSET MANAGEMENT INC | 7,899,452 | $2.7bn | 0.6% |
| FMR LLC | 5,705,939 | $2.0bn | 0.1% |
| RAYMOND JAMES FINANCIAL INC | 3,375,616 | $1.2bn | 0.3% |
| LPL Financial LLC | 3,371,900 | $1.2bn | 0.3% |
| MORGAN STANLEY | 2,708,782 | $928.7m | 0.0% |
| Blue Trust, Inc. | 1,409,680 | $483.3m | 5.1% |
| AMERIPRISE FINANCIAL INC | 1,333,850 | $457.9m | 0.1% |
| BANK OF AMERICA CORP /DE/ | 1,319,411 | $452.3m | 0.0% |
| STATE OF MICHIGAN RETIREMENT SYSTEM | 1,301,990 | $446.4m | 2.0% |
| BlackRock, Inc. | 1,252,332 | $429.3m | 0.0% |
| ASSETMARK, INC | 1,140,605 | $391.0m | 0.7% |
| Cerity Partners LLC | 1,099,673 | $377.0m | 0.5% |
| WELLS FARGO & COMPANY/MN | 1,086,149 | $372.4m | 0.1% |
| JPMORGAN CHASE & CO | 1,003,960 | $337.3m | 0.0% |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 931,613 | $319.4m | 4.7% |
| MML INVESTORS SERVICES, LLC | 830,205 | $284.6m | 0.6% |
| UBS Group AG | 691,900 | $237.2m | 0.0% |
| Orgel Wealth Management, LLC | 672,724 | $230.6m | 5.0% |
| PARK AVENUE SECURITIES LLC | 639,938 | $219.4m | 1.4% |
| CITIGROUP INC | 637,867 | $218.7m | 0.1% |
| Cetera Investment Advisers | 595,918 | $204.3m | 0.2% |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 607,622 | $195.5m | 0.3% |
| Envestnet Portfolio Solutions, Inc. | 548,612 | $188.1m | 0.9% |
| Janney Montgomery Scott LLC | 499,697 | $171.3m | 0.3% |