Envestnet Expands Alternative Access with New Interval Fund Model Portfolios
- ashton0536
- Oct 29
- 2 min read
Envestnet has announced the launch of new Manager Models incorporating interval funds from BlackRock and Franklin Templeton, giving advisors streamlined access to alternative investments through its platform. The models will be available via Envestnet PMC and are designed to bring institutional-quality diversification into managed portfolios, combining liquidity features with exposure to private market style strategies.
This expansion underscores Envestnet’s commitment to embedding alternatives within traditional advisory workflows. Interval funds, which allow periodic redemptions and simplified operational handling, have become a preferred entry point for advisors seeking alts exposure without the complexities of private fund administration. By collaborating with two of the industry’s largest asset managers, Envestnet aims to make alternatives more accessible, transparent, and scalable for wealth firms serving mass-affluent and high-net-worth clients alike.
Across the WealthTech landscape, more than 20 wealth management and asset management firms have introduced new initiatives to expand advisor and client access to alternative investments in 2025. Turnkey Asset Management Platforms (TAMPs) are integrating dedicated alts sleeves to simplify private market exposure to lower investment minimums and improve liquidity. Some examples of this surge are listed below:
Envestnet: Launched new Manager Models featuring interval funds from BlackRock and Franklin Templeton to mainstream alts within managed portfolios.
Goldman Sachs: Expanded its Alternative Investment Platform for RIAs, offering tokenized feeder funds and lower investment minimums.
iCapital: Introduced a unified Private Markets Exchange enabling direct advisor access to private equity, credit, and real assets.
Orion Advisor Solutions: Added an Alts Sleeve Builder within its portfolio management system, integrating due diligence and allocation tools.
CAIS: Partnered with Mercer to deliver institutional research and education modules to advisors offering alternative products.
Together, these initiatives signal a turning point in WealthTech, as alternatives move from specialist products to foundational elements of diversified portfolios. The firms leading this wave are redefining how advisors deliver institutional-quality strategies to a broader investor base.
