Wealth Management Invest: Model Portfolio Trends with Invesco’s Karl Desmond

In this episode of Wealth Management Invest, host David Bodamer speaks with Karl Desmond, senior client portfolio manager at Invesco, about how financial advisors are using model portfolios. Karl breaks down trends with both  pre-built and custom model portfolios, including how advisors can maintain input on asset allocation, manager selection, and existing holdings while delegating more of the portfolio construction process. Karl also discusses tax-aware transitions and implementation challenges associated with less-liquid strategies when incorporating them into model portfolios. In addition, he explores the rise of multi-manager portfolios, the role of wealth technology in trading and tax management and how a more consistent investment process can help advisors spend more time with clients while preparing their firms for future growth, advisor transitions and eventual succession. Karl discusses: How model portfolios create capacity for client service, planning, prospecting and other advisor priorities How advisors can preserve their investment philosophy while outsourcing portfolio construction and manager research Why tax-aware transitions may preserve appreciated holdings while reducing disruption for existing clients How liquid and private alternatives introduce education, liquidity, rebalancing and implementation concerns How streamlined portfolio processes can support practice efficiency, advisor transitions and firm succession Connect With David Bodamer: [email protected]  Wealth Management LinkedIn: David Bodamer LinkedIn: Wealth Management Connect With Karl Desmond: LinkedIn: Karl Desmond LinkedIn: Invesco Website: Invesco Resources: Listen to the Wealth Management Invest Podcast on Wealth Management Listen and Subscribe to the Wealth Management Invest on Apple Podcasts Listen and Subscribe to the Wealth Management Invest on Spotify