Ibbotson strategically partnered with ALPS Advisers (ALPS) in the creation of the Ibbotson ETF Asset Allocation Funds. ALPS has over 12 years of experience in the ETF industry and is currently the distributor to more than $120 billion in ETF assets. ALPS will serve as adviser to the Funds while Ibbotson will serve as sub-adviser and will be responsible for the day-to-day management of the ETF portfolios.