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WealthManagement.com

Fidelity Joins Pursuit of Investors’ Money Through Model Portfolios

By Michael Thrasher

Model portfolios might be time-saving, inexpensive ways for advisors to gain access to institutional investment management, but Adam Grealish, a senior quantitative researcher at Betterment, said they need to be leery.

“The reason these fund companies are offering them is as a distribution channel,” Grealish said. “That’s certainly the motivation to basically give out this additional intellectual property.”

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This article originally published July 12th, 2018 on WealthManagement.com