December 17, 2020
Model portfolios are efficient avenues for advisors to deliver broad-based, cost-effective exposure across many asset classes. In the financial community, the concept of these bespoke allocations is taking off.
Exchange traded funds make for ideal foundations for model portfolios and as such, many ETF issuers are among the biggest names in the model portfolio segment. WisdomTree is part of that group as its Modern Alpha series of model portfolios features one of the deepest benches in the industry.
Broadridge Financial Solutions Inc. calculates that these model portfolios now account for $3 trillion in assets under management as of the end of the first quarter, with a significant chunk in ETFs, which have been a go-to investment vehicle for their cheap and efficient nature. More growth is expected for model portfolios.