The firm’s research found that investors with assets in model portfolios are happier with their advisors. It also found that 54% of advisors now use custom-built models.

The funds, including Cosmos, an SPV holding Space X, are available through SoFi’s partnership with Templum.

Asset managers are viewing the move into alternatives as an existential question and are rushing to hire product specialists. ETF.com writes about the launch of a new “anti-woke” ETF. These are among the investment must reads we found this week...

Stephanie Drescher is a partner and chief client and product development officer at Apollo Global Management.

On the tech side, advisors value the improved integrations, analysis that alts platforms are working to build out.

The holiday shopping season should be watched closely, as it’s a good barometer for the economy and stocks.