Within the last two weeks I've experienced a change in the Multiplayer gameplay as it pertains to loading saved player profiles, inventory, global resources, etc. for additional players joining a console or realm session on the same console (split-screen).  When the primary account holder begins a game session (local or realm) and another player joins, the added player has no item inventory and basic skin despite having played successfully in the recent past.  Had none such issues like this previously.

Each player can successfully start their own console game sessions independently without seeing these issues, and the 2nd player can independently join the realm without issue.  It's only when 2 players attempt coop game sessions on the same console.

Any guidance in resolving this issue is greatly appreciated.