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Sunday, December 5, 2021

Model-Portfolio Assets Hit Record Highs

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Assets controlled by model portfolios, or preset investment templates, hit another high as financial advisers increasingly use them to build investor portfolios.

Model portfolios controlled $4.9 trillion of money in U.S. mutual funds and ETFs in September, up from $3.8 trillion a year ago, according to data firm Broadridge Financial Solutions .

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