BEN News & Events

Ritholtz Wealth Management announced the launch of Porterhouse, a new equity separately managed account strategy developed in partnership with Franklin Templeton. The strategy is available exclusively to Ritholtz clients and is designed to complement the firm's core asset allocation models. Porterhouse, which is powered by Franklin Templeton's Canvas, an end-to-end platform for personalized tax-aware portfolios, is an active, quantitatively managed equity SMA built around a straightforward premise: own the market's leaders while they are leading and step aside when they are not. The strategy builds on the same research behind Josh Brown's widely followed "Best Stocks in the Market" list and reflects the firm's disciplined approach to investing. It screens for companies that exhibit strong momentum and fundamentals, including earnings and cash flows, to identify those with high potential for future growth.

Franklin Templeton announced the launch of its Private Markets Model Portfolios, developed in collaboration with Corastone, a digital infrastructure platform and permissioned blockchain network designed to streamline, automate, and scale private market investments. The Private Markets Model Portfolios are designed to help financial advisors more efficiently incorporate private market investments within a professionally managed portfolio framework.

Franklin Resources reported preliminary month-end assets under management of $1.74 trillion at April 30, 2026, compared to $1.68 trillion at March 31, 2026. This month's increase in preliminary AUM reflected the positive impact of markets and long-term net inflows of $4 billion, inclusive of $1 billion of long-term net outflows at Western Asset Management. Excluding Western Asset Management, preliminary long-term net inflows were $5 billion.