The alternative investment manager was among the first to launch an interval fund in 2019, with a focus on private credit.

The new product builds off its previous SMA platform and will support the use of third-party ETFs. 

BlackRock will work with GeoWealth to offer private equity and debt funds in customized portfolios for financial advisers across the United States.

According to the Advisor Sentiment Index, financial advisors are feeling better about the prospects of the stock market, even as their view of the overall economy dims slightly.

A new report from Cerulli & Associates finds the retail financial advisor channel has been the biggest growth driver behind ETFs.

While not exactly a free lunch, for some investors, it's been a free stop at the dessert tray.