10 largest TAMPs by assets in 2022
5. Morningstar
Assets: $41.8 billion
Website: www.mp.morningstar.com
Custodian: Not available
Type of products: Mutual fund and ETF models; proprietary mutual funds; equity SMAs; fixed-income SMAs; ESG, tax-sensitive, target-risk and goals-based strategies; adviser-directed UMAs/multistrategy accounts
Morningstar’s Managed Advisor Wealth Platform was ranked as the all-around best TAMP by Wealth Advisor.