Integrating Company Research and Evaluation Processes to Curate Investment Choices
The newly added third-party SMAs have been curated from leading asset management firms including AllianceBernstein (NYSE:AB), Congress Asset Management, John Hancock Investment Management, Lazard (NYSE:LAZ) Asset Management, Putnam Investments, and WCM Investment Management. These additions expand the range of investment choices advisors have to build portfolios and holistic unified managed accounts (UMAs), tailored to their clients' specific goals and objectives.
"Morningstar's dedication to empowering advisors is core to why we implemented a manager selection process leveraging our renowned manager research team to provide a curated selection of investments available on the Wealth Platform," said Cindy Galiano, managing director of
SMAs have witnessed substantial growth in the investment landscape, doubling their assets under management to nearly
For more information about Morningstar Wealth Platform and its expanded investment offering, please visit mp.morningstar.com.
About Morningstar Wealth
Morningstar Wealth is a global organization dedicated to empowering both advisors and investor success. Our extensive range of offerings includes Morningstar Wealth Platform (turnkey asset management program), model portfolios managed by Morningstar Investment Management (
Morningstar's Manager Due Diligence and Selection Services
Manager Due Diligence and Selection Services are offered by Morningstar Research Services LLC, a subsidiary of Morningstar, Inc. Investment research is produced and issued by subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC, registered with the U.S. Securities and Exchange Commission. Manager Due Diligence and Selection Services provides investment consulting services to Institutional Clients on a non-discretionary basis, with the Institutional Clients having final decision-making authority on whether to follow the recommendation(s) or not.
About Morningstar, Inc.
Morningstar,¯Inc. is a leading provider of independent investment insights in
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SOURCE Morningstar, Inc.