Fidelity Investments has introduced two new suites of turnkey model portfolios and expanded educational resources aimed at helping wealth management firms implement alternative investments. The new offerings include Fidelity Model Portfolios with Private Markets in multiple share classes, as well as an ETF-focused variant, providing diversified exposure to private equity, private credit, and private real estate. The portfolios are currently available through Envestnet to eligible RIAs and broker-dealers.
The firm also launched Alternative Navigator, a continuing education-accredited learning program featuring module-based training on alternative investments. Amanda Robinson, head of Wealth Advisory Managed Solutions, noted that “wealth managers recognize the potential for private markets…but often struggle with research time.” Michael Scarsciotti, head of Investment Specialists, added that growing interest in alternatives is driving increased demand for education in the space.