Who are the partners in this collaboration?

The partners are Apollo, Franklin Templeton, and JPMorgan.

What are interval funds?

They are closed-end funds that allow share redemptions at specific intervals, often used for investing in illiquid assets like private markets.

When will the portfolios be available?

The launch date has not been announced yet.

Morningstar Teams Up With Apollo, Franklin Templeton, JPMorgan on Model Portfolios

Morningstar Wealth announced a collaboration with Apollo, Franklin Templeton, and JPMorgan to launch new model portfolios combining public and private market investments, aimed at financial advisors.

June 19, 2026

2 min read

Source: Simply Wall St.

Morningstar Wealth has partnered with Apollo, Franklin Templeton, and JPMorgan to launch a new suite of model portfolios that blend public and private market investments. The portfolios are designed to give financial advisors diversified exposure to private assets through interval funds.

The Product

The new models combine Morningstar's independent research with open-architecture allocations from multiple asset managers. They focus on providing private market exposure within a diversified portfolio framework, enabling advisors to offer alternative investment opportunities to their clients.

Pricing and Availability

Morningstar has not yet disclosed pricing details or an official launch date. The portfolios are expected to be available through the Morningstar Wealth platform for financial advisors.

Competition

Morningstar faces competition from firms like BlackRock and Vanguard, which also offer model portfolios. However, its focus on integrating independent research with private markets may provide a competitive edge.

Potential Impact on the Company

This collaboration could strengthen Morningstar's position in the wealth management space, attracting more financial advisors to its platform. It may also boost revenue through portfolio management fees.

Frequently Asked Questions

They are investment portfolios blending public and private markets, developed in collaboration with Apollo, Franklin Templeton, and JPMorgan, targeting financial advisors.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.