Products & Services Launches – 3/5/2026

Prudential Launches ActiveIncome Insurance Overlay on Franklin Templeton Platform

Prudential Financial Inc. introduced its ActiveIncome insurance overlay solution for retail managed accounts on Franklin Templeton’s Canvas platform. Available on Canvas through the FIDx Insurance Overlay marketplace, the offering is designed to integrate protected lifetime income into registered investment advisers’ practices.

The overlay provides a contingent deferred annuity, investment flexibility and lifetime income longevity protection without moving assets to an insurance carrier, according to the announcement. Advisers gain streamlined access to insurance solutions that enhance planning strategies beyond traditional withdrawal strategies and address the evolving needs of retirement investors. Through Canvas, they can build, implement and manage tax-optimized and personalized portfolios.

Franklin Templeton had more $1.7 trillion in assets under management and operated in more than 35 countries as of January 31. Prudential Financial had approximately $1.6 trillion in assets under management as of December 31, 2025.

Fidelity Debuts New Model Portfolios, Education Program

Fidelity Investments launched two suites of turnkey model portfolios and an expanded set of educational resources about alternative investments for wealth management firms.

The suites—Fidelity Model Portfolios with Private Markets, with versions for I and Z share classes, and Fidelity Model Portfolios with Private Markets – ETF Focused—are multi-asset-class, open-architecture model portfolios that bring diversified exposure across private equity, private credit and private real estate.

These offerings are currently available to eligible registered investment advisers and broker/dealers via Envestnet Inc.

Fidelity is also introducing Alternative Navigator, a continuing education-accredited learning program on alternative investments. The module-based program includes Fidelity-led sessions from its team of portfolio construction and alternative investment strategists, CE-approved tutorials, adviser and end-investor guides, and curated resources.

Fidelity Investments’ alternative investments lineup includes more than 65 funds, totaling more than $50 billion in assets under management as of November 30, 2025.

RightCapital Releases AI-Powered Tool to Reduce Plan Input Time

RightCapital Inc., a financial planning software company, introduced Smart Import, a feature that uses artificial intelligence to read data from documents uploaded into its platform, such as meeting transcripts, investment statements and client emails, and to translate that information into financial plan inputs.

The system then identifies key income, savings, expenses, goals, net worth details and investment account holdings information, which an adviser can review and approve before uploading into a new or existing financial plan.

RightCapital’s internal testing indicated significant time savings, with many test cases showing time savings of 70% or greater when compared to manually entering data.

Libretto Introduces AI-Automated Client Onboarding, AI Assistant

The wealth advice platform Libretto debuted artificial intelligence features designed to streamline planning, asset allocation and risk management. The features include Mert, an AI assistant, and an AI-automated data entry tool for automated client onboarding and creation of strategies.

The AI feature can scan user data and extract information such as family details, goals, income, account balances and other planning data. The platform produces a draft strategy modeled to the client’s unique situation. Advisers can review the strategy and focus on key levers that drive planning outcomes, such as evaluating financial sufficiency, determining risk protection and formulating asset allocation recommendations.

The AI tool can also write personalized client letters and proposals.

Mert draws from Libretto’s knowledge base of more than 150 articles and helps advisers review, refine and communicate each client’s strategy, while considering retirement preparedness and portfolio performance.