Morningstar Wealth partners with Envestnet to offer public-private model portfolios on advisor platform

• Morningstar Wealth partnered with Envestnet to distribute the Morningstar Public/Private Select Series to advisors on Envestnet’s enterprise platform.
• Rollout is expected to begin in October, giving advisors a streamlined way to implement portfolios spanning public and private markets.
• Models will be available through Envestnet’s Fund Strategist Portfolios program; Envestnet will handle trading, rebalancing, tax management.
• Morningstar Wealth will retain responsibility for asset allocation, investment selection, portfolio construction, ongoing oversight of the strategies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morningstar Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261006880521) on October 06, 2026, and is solely responsible for the information contained therein.