In view of the extensive evidence of tight inter-relationships between spheroidal galaxies (and galactic bulges) with massive black holes hosted at their centers, a consistent model must deal jointly with the evolution of the two components. We describe one such model, which successfully accounts for the local luminosity function of spheroidal galaxies, for their photometric and chemical properties, for deep galaxy counts in different wavebands, including those in the (sub)-mm region which proved to be critical for current semi-analytic models stemming from the standard hierarchical clustering picture, for clustering properties of SCUBA galaxies, of EROs, and of LBGs, as well as for the local mass function of massive black holes and for quasar evolution. Predictions that can be tested by surveys carried out by SIRTF are presented.
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