Orion Wealth Management and Dimensional Fund Advisors are now offering fully packaged 60/40 RIA portfolios through ETFs, giving advisors ready-made stock-to-bond allocations from 0/100 to 100/0. The portfolios, available via Orion Portfolio Solutions and the Orion Model Marketplace, are designed to streamline investment management for RIAs and IBD representatives. Over the past five years, the firms have quietly strengthened their partnership, combining Orion’s advisor-focused platform with Dimensional’s investment expertise. Meanwhile, Cerulli predicts direct-indexing investments will surpass ETFs, mutual funds, and separately managed accounts by 2026, reaching $800 billion. Fidelity Investments is also converting six thematic funds, totaling $430 million, into actively managed ETFs by mid-2023, cutting fees in half. Amid record-low personal savings and rising hardship withdrawals from 401(k) plans, the U.S. jobs market added 263,000 nonfarm jobs in November, while inflation pressures may drive further Federal Reserve rate hikes…
