First Trust Portfolios L.P. is a U.S.-based financial services firm founded in 1991, headquartered in Wheaton, Illinois. The firm offers a wide range of investment products, including exchange-traded funds (ETFs), unit investment trusts (UITs), mutual funds, closed-end funds, structured investments, and separately managed accounts (SMAs). First Trust is known for its innovative strategies, such as smart beta and thematic ETFs, and emphasizes transparency, long-term investing, and disciplined portfolio management. The company serves a diverse clientele, including financial advisors, institutional investors, and high-net-worth individuals, providing tailored investment solutions to meet various financial goals.​