Product & Service Launches – 10/8/2026

Morningstar Wealth, Envestnet Expand Adviser Access to Public, Private Markets

Morningstar announced that its wealth division will make the Morningstar Public/Private Select Series model portfolios available through Envestnet Inc. Advisers on Envestnet’s enterprise platform will be able to access and implement the series—which combines public and private market capabilities—through Morningstar’s fund strategist program.

Morningstar Wealth will be responsible for asset allocation, investment selection, portfolio construction and ongoing oversight. Envestnet will provide the technology and implementation infrastructure.

Betterment Debuts Unified Managed Accounts

Betterment LLC debuted unified managed accounts within its custodial platform, Betterment Advisor Solutions.

Unified managed accounts allow advisers to combine Betterment’s model marketplace portfolios with custom strategies as distinct investment sleeves within a single account. Advisers can configure each sleeve independently while maintaining a consolidated view of the portfolio.

Advisers establish the overall asset allocation for each account, while Betterment coordinates rebalancing across sleeves. Betterment’s tax-loss harvesting and gains allowance management extend across sleeves.

Macquarie Launches Infrastructure Education Offering for Advisers

Macquarie Asset Management announced the launch of a program to educate advisers about private infrastructure.

The program’s first installment, “Inside Infrastructure: Charting the Asset Class,” is a chartbook that analyzes proprietary data from Macquarie’s infrastructure investing experience.

According to Macquarie, program content will range from infrastructure fundamentals to advanced topics, including the role of infrastructure in portfolio diversification; infrastructure’s response to inflation; and opportunities in the current market environment for infrastructure investors. The program will use a mix of videos, webinars and other formats.

JPMAM Enhances Retirement Link Platform

J.P. Morgan Asset Management announced enhancements to Retirement Link, the firm’s bundled defined contribution plan platform.

The updates expand access to in-plan retirement income solutions by making JPMAM’s SmartRetirement Lifetime Income available across Empower Retirement LLC’s recordkeeping platforms; strengthen implementation and ongoing operational services by enhancing required minimum distribution processing; and expand participant communications and education, including multilingual resources.

Rowe Price Launches Dynamic Emerging Markets Bond ETF

Rowe Price announced the launch of the T. Rowe Price Dynamic Emerging Markets Bond ETF, an actively managed fixed-income exchange-traded fund. TDEM began trading on the Nasdaq exchange on October 1.

The fund seeks income and capital appreciation by combining bonds across emerging-market sovereign, corporate and local-currency markets.

The ETF is managed by Leonard Kwan, Samy Muaddi and Richard Hall, T. Rowe Price portfolio managers with experience in emerging markets bond strategy, Asia credit bond strategy and global high-income strategy.

Alto IRA Platform Adds Forge Trust Alts, Accounts

Alto, a platform providing private-market access to retirement accounts, is adding the alternative asset classes and account types of Forge Trust, a self-directed individual retirement account custodian, following Alto’s announced agreement this week to acquire Forge Trust’s parent company, Forge Global Inc., from Charles Schwab Corp.

The combined platform provides custody, compliance, broker/dealer, and API-enabled enterprise capabilities, along with a private market investment marketplace. It also uses artificial intelligence to automate documentation and execution workflows.

Combined, Alto and Forge Trust will have more than $20 billion in assets under custody and administration, more than 60,000 self-directed IRA accounts holding private market assets, and more than 3 million custody-as-a-service accounts.