With the addition of separately managed account (SMA) strategies, Model Wealth Portfolios (MWP) is now officially a unified managed account (UMA) platform, which means advisors can combine multiple investment types, all in one account. This is a major step in our journey to making MWP a premiere wealth management platform that enables you to serve all client types in one location.

In MWP, you have the flexibility and choices needed to deliver customized strategies to your clients, all while benefiting from the efficiency and scale offered by the platform’s automation.

Discover the enhancements that have led up to this stage, and what we have planned next.

To find out more about MWP, be sure to visit the MWP section on the Resource Center.


There is no assurance that the Advisory platforms discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities will be required to affect some of the strategies. Investing involves risks including possible loss of principal.

Model Wealth Portfolios (MWP) are centrally managed fee-based portfolios constructed by LPL Financial Research. Investment choices include mutual funds and exchange-traded products (ETPs). The portfolios benefit from ongoing monitoring, rebalancing, and tax management services implemented by the LPL Financial Overlay Portfolio Management Group.

Running a Digital Office

From eSignature to web-based wealth planning, learn how LPL Financial’s tech flexibility helps you keep pace.

Account View

Collaboration is value. Account View allows your clients 24/7 access to their accounts from any device.

Confidentially Connect

Technology choice is just one benefit at LPL. Learn how many ways we support your move to independence.