Best model portfolios for advisers: Morningstar
![](https://s32566.pcdn.co/wp-content/uploads/2021/03/investment_portfolio.jpeg.optimal.jpeg)
The popularity of third-party model portfolios has been evident during the last year as more industry players ramp up offerings to keep up with advisers looking to outsource investment management and focus on other parts of the advice business.
Investment management firms and strategists have responded to that demand, launching more than 500 model portfolios over the past three years, according to Morningstar’s data and analysis of its favorite model portfolios for advisers.
In an effort to assist advisers having to navigate the model portfolio landscape, Morningstar began assigning qualitative, forward-looking Morningstar Analyst Ratings on model portfolios in March 2019. The firm also recently doubled its model portfolio coverage, launching ratings on 12 new model portfolio series spanning 76 unique portfolios -- bringing its total coverage to 24 series and 139 portfolios.
Click through to see what model portfolios were top ranked by Morningstar.