Morningstar teams with Apollo, Franklin Templeton, and JPMorgan on new model portfolios

Corporate ActionIndustry
โดย Simply Wall St·Read original
Summary · why it matters

Morningstar Wealth is collaborating with Apollo, Franklin Templeton, and JPMorgan to launch research-driven public and private market model portfolios. The initiative aims to give financial advisors access to diversified portfolios that include private market exposure through interval funds, combining Morningstar's independent research with open-architecture allocations from multiple asset managers. The move comes as Morningstar's stock has been under pressure, recently closing at $153.68 and down 27.0% year to date, with a decline of 48.8% over the past year and 35.5% over five years. The collaboration highlights how Morningstar is leaning on its research capabilities to stay relevant for advisors rethinking portfolio construction, and its success may depend on how quickly advisors adopt these models across different client segments, particularly where demand for alternative assets is growing.

Impact on stocks 4

Digital Finance & Tokenization▲ · 2 stocks
Franklin Resources Inc
BEN
▲ PositiveDemandrelevance

Franklin Templeton is included as an asset manager in the model portfolios, potentially boosting demand for its funds.

JPMorgan Chase & Co
JPM
▲ PositiveCapitalDemandrelevance

JPMorgan is one of the asset managers collaborating with Morningstar on new model portfolios, which could expand its distribution and fee income.

Financials▲ · 1 stocks
Morningstar Inc
MORN
▲ PositiveDemandrelevance

Morningstar is the lead firm launching new model portfolios, leveraging its research to drive advisor adoption and revenue.

Aging Population▲ · 1 stocks

Theme Impact 2

Related news

▼

Bank of Montreal's BMO InvestorLine Ends Commissions for Self-Directed Clients

Bank of Montreal said its BMO InvestorLine platform will move to $0 commissions on all stocks and ETFs for self-directed clients, a change the bank described as the first by a major Canadian institution to offer zero-commission trading across its digital brokerage platform. BMO also confirmed that administrative fees tied to self-directed InvestorLine accounts will be removed as part of the same change. The bank, which carries a CA$169.1b market cap, is positioning the pricing reset as a way to deepen client engagement and lean further on digital platforms and fee-based services. Cutting trading and account fees pressures one revenue stream and puts more weight on BMO's ability to grow advisory, payments and capital-markets income while managing costs that analysts already flag as a risk. The unresolved question is whether higher client activity and cross-sell from the richer platform will fully offset the foregone charges.
2887.TWBMO
Digital Finance & Tokenization ▼
Simply Wall St·6hRead more →
▲impact 4

SEC Grants Five-Year Innovation Exemption for Tokenized U.S. Equities, Lifting Robinhood and Coinbase

The SEC announced a five-year conditional Innovation Exemption allowing eligible platforms to trade tokenized U.S. equities without standard exchange registration, sending shares of Robinhood up 7.6% and Coinbase up 10.5%. According to Reuters, the temporary framework lets digital asset brokerages and trading platforms support tokenized equity trading while the agency solicits public comments to shape permanent regulatory policies for on-chain securities. Tokenized equities represent traditional corporate shares as digital tokens on a blockchain, potentially enabling 24/7 trading, fractional ownership, and more efficient settlement. The move reduces compliance hurdles and waives full exchange registration requirements for qualifying participants, opening the door for platforms like Coinbase and Robinhood to launch new asset offerings and capture additional trading volume. The rally was further supported by a rebound in the broader cryptocurrency market, with Bitcoin trading up roughly 2% near $78,000. Coinbase remains down 17.7% since the start of the year and trades at $194.63 per share, 49.7% below its 52-week high of $387.27 from October 2025.
COIN ▲HOOD ▲BTC ▲
Digital Finance & Tokenization ▲
Reuters·10hRead more →
2

Canary Staked TRX ETF TRXS Offers Wrapped TRX Staking in Brokerage and IRA Accounts

The Canary Staked TRX ETF, trading on Nasdaq under the ticker TRXS, has launched as one of the first U.S.-listed exchange-traded funds designed to hold TRON's TRX token directly and pass through on-chain staking rewards, giving investors a way to gain single-asset crypto exposure inside a brokerage or IRA account without opening a crypto exchange account or managing self-custody. The fund's return engine combines TRX spot price appreciation with a staking reward stream earned by delegating a portion of holdings to validators on the TRON network, though that reward stream is reduced by the fund's expense ratio before reaching shareholders. With only 7 trading days of history and a settled close of $24.75 on September 17, 2026, TRXS is too young for a track record to matter, and the fund is positioned as a satellite holding sized at low single-digit weight at most within a diversified portfolio. Because the fund's operating fee is subtracted from staking rewards, TRXS will structurally deliver slightly less yield than buying and staking TRX directly, a tradeoff the fund offers in exchange for convenience and account eligibility. The fund also carries concentration and governance risk tied to TRON founder Justin Sun, whose active role in the network's development means the token faces headline risk that broader multi-asset crypto ETFs naturally dilute, and its tax treatment of pass-through staking distributions remains unsettled.
NDAQTRONTRX
Digital Finance & Tokenization
Yahoo Finance·17hRead more →
© 2026 MarketDXNews