Fidelity Institutional , the Boston-based division of Fidelity Investments , has expanded its model portfolio suite with the addition of Fidelity Target Allocation Tax-Aware Model Portfolios , which include nine equity and fixed-income mixes , each versioned for I and Z share classes .

The model portfolios are now available through Fidelity ’ s managed account platform , Fidelity Managed Account Xchange ( FMAX ), and the Envestnet platform .

Using a blend of actively managed funds from Fidelity and exchange-traded funds ( ETFs ) from other asset managers , these new target allocation tax-aware model portfolios are designed to enhance total return through fund selection , while also helping reduce the impact of taxes on returns . They include equity to fixed-income mixes of 10 / 90 ; 20 / 80 ; 30 / 70 ; 40 / 60 ; 50 / 50 ; 60 / 40 ; 70 / 30 ; 85 / 15 ; and 100 / 0 .

Fidelity is also introducing Fidelity Model Portfolios with separately managed accounts that include five equity and fixed income mixes of 20 / 80 ; 40 / 60 ; 60 / 40 ; 70 / 30 ; and 85 / 15 , each versioned for I and Z share classes . These portfolios combine a blend of mutual funds , ETFs and separately managed accounts from Fidelity and other assets managers to provide enhanced risk-adjusted total return across the risk spectrum .

Fidelity is furthermore debuting the Fidelity Tax-Aware Model Portfolios with separately managed accounts , which includes five equity and fixed income mixes of 20 / 80 ; 40 / 60 ; 60 / 40 ; 70 / 30 ; and 85 / 15 , each versioned for I and Z share classes . The model portfolios use a blend of mutual funds , ETFs and separately managed accounts from Fidelity and other asset managers , including municipal bond investments to help reduce the impact of taxes on returns .

The model portfolios are also integrated into the Wealthscape Modeling & Rebalancing tool , making it simpler for advisors to view , customize and allocate to the portfolios . The portfolios are available to broker-dealers , registered investment advisors , banks , and insurance companies . For more information , visit go . fidelity . com / models .

Transamerica , FuturePlan And Natixis Unveil ESG Group Plan Solution

Transamerica , a financial services company headquartered in Cedar Rapids , Iowa , has partnered with FuturePlan by Ascensus , ( a third-party administrator ), Natixis Investment Managers and LeafHouse Financial Advisors to launch the first target-date fund series driven by environmental , social and governance investing principles .

The Sustainable Futures ESG Group Plan Solution makes retirement plan sponsorship easier for employers by reducing time-consuming administrative burdens and mitigating fiduciary risk .

The solution offers a broad spectrum of investment choices , including the industry ’ s first ESG-driven target-date series , Natixis Sustainable Future Funds , which launched in 2017 .

The offering is open to both existing and startup 401 ( k ) plans , and it provides guided onboarding and enrollment support , as well as ongoing service from a dedicated Future- Plan team with integration into Transamerica ’ s record-keeping system .

To learn more , employers and financial professionals should contact FuturePlan at ( 866 ) 929-2525 or by visiting sales @ futureplan . com .

Capital First Develops Special Needs Trust Guide For Clients

People ask many questions about special needs trusts , which are designed to help people with disabilities or chronic illness receive income without hurting their eligibility for government benefits . Capital First Trust Company , a special needs trust administrator headquartered in Milwaukee , has developed a guide to assist clients in understanding how these trusts can protect them , in addition to answering frequently asked questions about distributions .

Capital First works with clients who receive personal injury settlements and inherited special needs trusts . If clients are eligible for needs-based government benefits , such as Medicaid and Supplemental Security Income ( SSI ), a special needs trust can help protect those benefits .

Access to the digital version of the guide is available in the “ Brochures ” section of the Capital First Trust website . A physical copy can be requested via email at info @ capi- talfirsttrust . com . Both the digital and hard copies of the guide are free of charge .

DPL Launches Advisor Ed Platform

DPL Financial Partners , headquartered in Louisville , Ky ., has launched DPL University ( DPLU ), its new educational platform for registered investment advisors .

Designed to assist DPL members with the implementation of commission-free solutions , the platform offers both self-guided and curriculum-based learning paths for RIAs . Advisors will have access to exclusive , curated content from DPL ’ s most popular webinars and events , as well as insights from leading retirement academics .

With its adaptable design , DPLU gives advisors the freedom to choose their own learning path or to follow a prescribed set of courses for a particular topic of interest . Upon completion of a course , advisors take a short quiz to ensure they understand its content , and they are able to enroll in additional courses free of charge . Advisors are also eligible to earn CE credits for successful course completion .

For further information , visit the DPL website at https :// www . dplfp . com / dpl-university .

MAy 2022 | FINANCIAL ADvISoR MAGAZINE | 17