Updated
Updated · Wealth Management · Jun 17
Broadridge Sees Model Portfolios Reaching $18.6 Trillion by 2030 as ETFs Gain Share
Updated
Updated · Wealth Management · Jun 17

Broadridge Sees Model Portfolios Reaching $18.6 Trillion by 2030 as ETFs Gain Share

2 articles · Updated · Wealth Management · Jun 17

Summary

  • $18.6 trillion is Broadridge’s 2030 forecast for model portfolios, implying double-digit annual growth from $9.3 trillion in assets at the end of 2025.
  • One-third of retail intermediary assets were already in models in the first quarter of 2026, underscoring advisers’ rising use of outsourced portfolio construction.
  • 45% of model assets sit with broker/dealers, ahead of RIAs at 28%, but online platforms were the only retail channel to grow quarter over quarter, rising 3.6% to $321 billion.
  • 58% of model assets were held in ETFs in the first quarter, up from 54% a year earlier, while mutual funds fell to 42% and ETF-only models climbed to 38% of the market.
  • The shift comes as TAMPs increasingly partner with third-party managers and wealthtech firms to build custom models, including strategies blending public and private assets.

Insights

With model portfolios blending in private assets, what new risks do everyday investors face?
If everyone invests using similar models, could this create the next systemic market crash?
As AI and automated models manage trillions, is the human financial advisor becoming obsolete?