The firms aim to expand adviser access to private markets through a unified, research-led portfolio framework.

Morningstar Wealth, the wealth and investment management arm of Morningstar, is working with Apollo Global Management (Apollo), Franklin Templeton and JPMorgan Asset Management to develop a suite of public/private model portfolios designed to give financial advisers a single, research-driven way to access public markets. The models will be built using exchange-traded funds (ETFs) and interval funds  The Morningstar Public/Private Select Series will combine Morningstar Wealth’s ass