Fidelity introduces two new turnkey model portfolios incorporating private equity, credit, and real estate, aiming to simplify access for wealth advisers amid growing appetite for private assets and alternatives.
Fidelity Investments has broadened its private markets offering to wealth management firms with two new suites of turnkey model portfolios that include allocations to private equity, private credit and private real estate. According to Fidelity, the products will be made available initially to eligible registered investment advisers and broker-dealers via Envestnet, with plans to expand distribution to other platforms in the coming months.
The packages are being offered in two formats: Fidelity Model Portfolios with Private Markets and Fidelity Model Portfolios with Private Markets – ETF Focused. Fidelity presented the move as a solution for advisers seeking to incorporate less-liquid strategies without assuming the full operational burden of sourcing and vetting private-market managers. “Wealth managers recognise the potential for private markets to differentiate their practice and diversify portfolios but often struggle with the time needed for research and due diligence,” Amanda Robinson, head of wealth advisory managed solutions specialist distribution at Fidelity, said. “These new additions to our suite of turnkey models provides advisors the tools they need to offer private markets exposure at scale.”
The launches follow Fidelity’s earlier steps into alternatives for wealth channels, including the introduction of custom model portfolios that feature alternative investments in June 2025 and the roll-out of two collateralised loan obligation exchange-traded funds in February. Fidelity emphasised the scale of its platform in its announcement, noting $17.5tn in assets under administration and $6.8tn in discretionary assets as of 30 September 2025, and saying its alternatives line-up comprises more than 65 funds representing over $50bn in assets under management.
Fidelity is coupling the new models with an education initiative. The firm introduced Alternative NavigatorSM, a continuing education–accredited programme intended to help advisers deepen practical knowledge of private markets. “As interest in alternative investments grows, so does the need for education,” Michael Scarsciotti, head of investment specialists at Fidelity, said.
Industry observers say the timing responds to growing adviser demand for private credit and other alternatives within retail and wealth channels. According to reports, asset managers and platforms are increasingly designing products and delivery vehicles to meet that appetite, with rivals and partners also expanding model-portfolio and private-markets access for advisers. CAIS, for example, has recently launched model portfolios in collaboration with large private markets managers to bring private equity and private credit allocations to advisers, underscoring a broader shift toward making illiquid strategies more accessible through pooled or modelled solutions.
Fidelity describes the new suites as part of an open-architecture approach that can include Fidelity and third-party strategies; the ETF-focused variant is intended to offer similar exposures through liquid wrappers where appropriate. The firm framed the move as responding to advisers’ desire to differentiate client offerings while addressing the complexity of due diligence and portfolio construction for private assets.
Market participants say challenges remain for widespread uptake, including liquidity considerations, fee transparency and suitability for retail investors. Fidelity’s model portfolios and the accompanying education programme aim to mitigate some of those trade-offs by centralising manager selection and providing advisers with implementation resources. The company said it will monitor adviser adoption and broaden platform availability as demand dictates.
- https://alternativecreditinvestor.com/2026/03/04/fidelity-expands-alts-access-for-wealth-investors/ – Please view link – unable to able to access data
- https://newsroom.fidelity.com/pressreleases/fidelity-expands-alternative-investment-resources-for-wealth-management-firms/s/6ff38d01-6606-4b27-a1e0-29a35cf9971a – Fidelity Investments has introduced two new suites of turnkey model portfolios designed to provide wealth management firms with exposure to private markets. These portfolios, available to eligible registered investment advisors (RIAs) and broker-dealers (BDs) through Envestnet, include diversified allocations across private equity, private credit, and private real estate. The move aims to assist wealth managers in offering private market exposure at scale, addressing the challenges of research and due diligence. Additionally, Fidelity has launched the Alternative NavigatorSM education programme to help advisors deepen their knowledge of alternative investments.
- https://newsroom.fidelity.com/pressreleases/fidelity-introduces-custom-model-portfolios-with-alternatives/s/dfd31638-6890-4e7d-ac1a-31b4783d97c3 – In June 2025, Fidelity Investments launched custom model portfolios incorporating alternative investments, providing wealth management firms with access to models that offer exposure to private markets. These portfolios utilise an open-architecture approach, including investment strategies from Fidelity and other third-party asset managers, and may include alternative investment vehicles such as interval or tender offer funds. The initiative is part of Fidelity’s strategic relationship with Envestnet, aiming to meet the evolving needs of advisors seeking to diversify client portfolios with private market assets.
- https://newsroom.fidelity.com/pressreleases/fidelity-launches-managed-futures-etf/s/a1a05318-2dfa-4e1a-9273-7a275ce79188 – Fidelity Investments has launched the Fidelity Managed Futures ETF (FFUT), a liquid alternative strategy designed to capitalise on market trends through disciplined, systematic long-short investing. Listed on The Nasdaq Stock Market LLC, the ETF is available commission-free for individual investors and financial advisors through Fidelity’s online brokerage platforms. The new managed futures strategy aims to provide clients with an investment option that can help diversify their portfolios with the ease of an ETF wrapper, leveraging Fidelity’s quantitative research and investment capabilities.
- https://www.wealthmanagement.com/alternative-investments/fidelity-launches-turnkey-model-portfolios-focused-on-private-markets – Fidelity Investments has expanded its offerings for wealth management firms by launching two new turnkey model portfolios focused on private markets. These portfolios provide diversified exposure to private equity, private credit, and private real estate, aiming to assist wealth managers in offering private market exposure at scale. The move follows Fidelity’s previous launch of custom portfolios with private assets in June 2025. Concurrently, Fidelity introduced the Alternative NavigatorSM education programme, a continuing education-accredited learning programme designed to help advisors build and apply their knowledge of private markets.
- https://www.wealthsolutionsreport.com/fidelity-expands-alts-investment-resources-for-rias-and-bds/ – Fidelity Investments has expanded its alternative investment resources for registered investment advisors (RIAs) and broker-dealers (BDs) by launching two new suites of turnkey model portfolios. These portfolios offer diversified exposure to private equity, private credit, and private real estate, aiming to assist wealth managers in providing private market exposure at scale. Additionally, Fidelity introduced the Alternative NavigatorSM education programme, a continuing education-accredited learning programme designed to help advisors deepen their knowledge of alternative investments to meet clients’ evolving needs.
- https://www.businesswire.com/news/home/20250625918557/en/CAIS-Launches-BlackRock-Carlyle-Franklin-Templeton-and-KKR-Model-Portfolios – CAIS has launched new model portfolios in collaboration with BlackRock, Carlyle, Franklin Templeton, and KKR, offering allocations to private equity and private credit through select Carlyle investment vehicles. The portfolios aim to provide diversified exposure to private markets, catering to the growing demand from advisors seeking to diversify client portfolios beyond traditional investments. This expansion reflects the increasing emphasis on the private wealth channel by asset managers and the accelerating demand for alternative investment solutions.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The article reports on Fidelity’s announcement from March 3, 2026, regarding the launch of two new suites of turnkey model portfolios and an expanded education programme for wealth management firms. ([newsroom.fidelity.com](https://newsroom.fidelity.com/pressreleases/fidelity-expands-alternative-investment-resources-for-wealth-management-firms/s/6ff38d01-6606-4b27-a1e0-29a35cf9971a?utm_source=openai)) The earliest known publication date of similar content is March 3, 2026, indicating the information is fresh. However, the article is republished across various platforms, including Alternative Credit Investor, which may suggest a lack of original reporting. ([alternativecreditinvestor.com](https://alternativecreditinvestor.com/2026/03/04/fidelity-expands-alts-access-for-wealth-investors/?utm_source=openai))
Quotes check
Score:
7
Notes:
The article includes direct quotes from Amanda Robinson and Michael Scarsciotti. A search for these quotes reveals they are used in Fidelity’s official press release from March 3, 2026. ([newsroom.fidelity.com](https://newsroom.fidelity.com/pressreleases/fidelity-expands-alternative-investment-resources-for-wealth-management-firms/s/6ff38d01-6606-4b27-a1e0-29a35cf9971a?utm_source=openai)) This suggests the quotes are directly sourced from Fidelity’s announcement, raising concerns about originality and potential reuse of content.
Source reliability
Score:
6
Notes:
The article originates from Alternative Credit Investor, a niche publication focusing on alternative credit. While it provides coverage of Fidelity’s announcement, the source’s limited reach and potential lack of independence from Fidelity raise concerns about the reliability and objectivity of the reporting.
Plausibility check
Score:
8
Notes:
The claims about Fidelity’s expansion into private markets and the introduction of new model portfolios align with Fidelity’s previous initiatives, such as the launch of custom model portfolios with alternative investments in June 2025. ([fa-mag.com](https://www.fa-mag.com/news/fidelity-introduces-custom-portfolios-with-private-markets-exposure-83046.html?utm_source=openai)) The information appears plausible and consistent with Fidelity’s strategic direction. However, the lack of independent verification from other reputable sources diminishes the overall credibility.
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article reports on Fidelity’s recent expansion into private markets and the introduction of new model portfolios. However, it heavily relies on Fidelity’s official press release, with no independent verification from other reputable sources. The source, Alternative Credit Investor, is a niche publication with limited reach and potential lack of independence from Fidelity, raising concerns about the reliability and objectivity of the reporting. The use of direct quotes from Fidelity’s press release further suggests a lack of original reporting. Given these factors, the article fails to meet the necessary standards for independent verification and reliability.