Model Portfolio Providers' Perspective:
Trends & Considerations


In this panel discussion, model portfolio providers discussed challenges, goals, and best practices in managing model portfolios. Learn from some of the leading managers of model portfolios discussing a range of topics including how to drive for performance alpha and the trends in 3rd party models.

  • Learn about the types of model portfolios offered by larger providers.
  • What are the goals in offering model portfolios?
  • What problems can be solved by offering model portfolios?
  • What are the biggest challenges managing and/or offering model portfolios?
  • What active management levers should be utilized to drive alpha?
  • What are the primary drivers behind the trend toward 3rd party models, and how will this trend play out over time?
  • Which products do you include in your models and why?
Presentation was originally given on January 30th, 2020

Meet the Panelists


Glenn Regan
CFA, Principal, Investment Management
Edward Jones

Moderator

Edward Jones Principal Glenn Regan leads Investment Management within the Advice & Guidance area of the Client Strategies Group. In this role, he is responsible for ensuring the firm’s portfolio management, asset allocation and investment strategy efforts are driven by the best interests of clients and support the firm’s vision of becoming the first choice of serious, long-term individual investors. Glenn co-chairs the Edward Jones Investment Policy Committee. This group utilizes the firm’s investment philosophy to develop advice and guidance that supports the efforts of branch teams to help clients meet their long-term goals. He also serves as chair of the Edward Jones Advisory Investment Committee, which implements the recommendations and guidance of the Investment Policy Committee and provides oversight for Mutual Fund Research and Investment Advisory and approves decisions for the Edward Jones Research Models, Program List and Affiliated Funds program. Glenn joined Edward Jones as principal in January 2019, having more than 30 years of experience as an investment professional in the wealth management industry. Prior to joining Edward Jones, he was responsible for discretionary and model portfolio management, investment manager research and portfolio execution at UBS Financial Services. Prior to joining UBS, he was responsible for various investment functions at Morgan Stanley including discretionary portfolio management, manager research and asset allocation. Glenn began his career in the investment advisory business of EF Hutton, which through a series of mergers and acquisitions led him to Morgan Stanley. Glenn graduated from Syracuse University with a bachelor’s degree in business administration with concentrations in finance and statistics. He is a CFA® charterholder. He serves on the investment committee of the Congressional Medal of Honor Foundation.

Matt Goulet
CFA, Sr VP of Model Portfolios
Fidelity Investments

Panelist

Matthew Goulet is senior vice president of Model Portfolios at Fidelity Institutional Asset Management (FIAM), Fidelity Investments’ distribution and client service organization dedicated to meeting the needs of consultants and institutional investors, such as defined benefit and defined contribution plans, endowments, and financial advisors. In this role, he is responsible for leading a team of specialists who work closely with TAMPs (Turnkey Asset Management Platforms), Fintech firms, and Model Hub Providers in addition to coordinating specialist support for Fidelity Relationship Managers. Prior to this role, Mr. Goulet was senior vice president of ETF business development and managed a team that helped financial advisors and individual investors understand how to use ETFs through education, tools, and products. From 2012 to 2017, Mr. Goulet was vice president of sector and ETF investment strategy within Fidelity’s Asset Management organization. Prior to joining Fidelity in August 2012, Mr. Goulet was vice president and product specialist for the iShares Product & Investment Consulting team at BlackRock. In this capacity, he focused on the iShares lineup of ETFs and was primarily responsible for working with financial advisors and RIAs to help them better understand the structural differences between various ETFs. Previously, Mr. Goulet worked in a number of sales and product roles within State Street Global Advisors’ North American Intermediary Business Group. He has been in the financial industry since 2006. Mr. Goulet received his bachelor of business administration degree in finance from the University of Notre Dame. He is also a CFA® charterholder.

Eve Cout
Director of USWA Model Portfolios
BlackRock

Panelist

Eve Cout, Director, leads the Model Portfolio Pillar within U.S. Wealth Advisory (USWA) and is a member of USWA's Platform Development Team. She partners with U.S.-based intermediaries to develop scalable investment solutions through model portfolios. By providing support that spans investments, marketing and technology, Eve and her team are helping advisors maximize time spent on servicing clients and building their practice. Ms. Cout earned a BA with Honors in History and Political Science from the University of North Carolina at Chapel Hill where she was a Morehead Scholar. She also earned her MBA from Fox School of Business at Temple University.

Paul Ricciardelli
Managing Director
Morgan Stanley

Panelist

Paul Ricciardelli is a Managing Director and head of Wealth Advisory Solutions for Morgan Stanley Wealth Management. In this role, he oversees several functions including portfolio construction for the firm’s discretionary multi-manager solutions, Impact and ESG Solutions, Equity Model Portfolios, Packaged/Digital Solutions, and Municipal Bond Research. In addition, he serves as CEO for the firm’s CGCM family of mutual funds and chairs the investment committee for the firm’s Global Investment Manager Analysis (GIMA) team which is responsible for the analysis and evaluation process for investment management firms across the Morgan Stanley’s investment advisory programs. Prior to this, he spent 12 years at Merrill Lynch, initially as an analyst responsible for investment manager research, and advancing to various leadership roles within investment manager research. He also spent time in capital markets with Prudential Securities. Paul graduated from Boston College with a B.S. in Finance and Marketing and received his M.B.A. from Ohio State University. He is a CFA® charterholder and a member of the CFA Institute.

Gain access to the video recording

  • This field is for validation purposes and should be left unchanged.
By sharing your information with us, you agree to receive information from IEN about relevant Finance events, subject to our privacy policy. We will never sell your information.
  • This field is for validation purposes and should be left unchanged.

Insight Exchange Network
P.O. Box 3867
Santa Cruz, CA 95062
(831) 431-6668
[email protected]
Privacy Policy

© 2016 - 2020, INSIGHT EXCHANGE NETWORK, LLC. ALL RIGHTS RESERVED.

Website by WebHolism