10 largest TAMPs by assets in 2023
5. Morningstar Investment Management
Total assets: $41.8 billion AUM/AUA
Website: www.mp.morningstar.com
Custodians: Fidelity IWS, Pershing LLC, Pershing Advisor Solutions, Schwab, TD Ameritrade Institutional
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; advisor-directed UMAs/multistrategy accounts