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Fidelity Rolls Out Private Markets Model Portfolios with Alts Education for Advisors

Fidelity introduced two new model‑portfolio suites that embed private equity, private credit and private real‑estate assets, targeting RIAs and broker‑dealers. The portfolios, available through Envestnet, require a $100,000 minimum and combine active, passive and ETF strategies with third‑party managers. Alongside the models, Fidelity launched the CE‑accredited Alternative Navigator curriculum to educate advisors on integrating alternatives. The move responds to growing client interest in alts and recent volatility in the private‑credit market.