Ritholtz Wealth Management Launches Porterhouse Equity SMA Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BEN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BEN
Wall Street analysts forecast BEN stock price to fall
6 Analyst Rating
1 Buy
1 Hold
4 Sell
Moderate Sell
Current: 31.210
Low
22.00
Averages
26.83
High
36.00
Current: 31.210
Low
22.00
Averages
26.83
High
36.00
About BEN
Franklin Resources, Inc. is a global investment management company with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Through its specialist investment managers, the Company offers specialization on a global scale, bringing capabilities in equity, fixed income, alternatives and multi-asset solutions. It provides its investment management and related services to retail, institutional and high-net-worth investors in jurisdictions worldwide. Its investment products include its sponsored funds, as well as institutional and high-net-worth separate accounts, retail separately managed account programs, sub-advised products, and other investment vehicles. Its funds include registered funds (including exchange-traded funds) and unregistered funds. It offers its services and products under its various distinct brand names, including, but not limited to, Alcentra, Benefit Street Partners, Brandywine Global Investment Management, Canvas, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
BlackRock, Thermo Fisher, and Others Declare Dividends
- BlackRock Dividend Announcement: BlackRock's Board of Directors declared a quarterly cash dividend of $5.73 per share, payable on June 23, 2026, to shareholders of record as of June 5, 2026, indicating the company's ongoing cash flow and shareholder return strategy.
- Thermo Fisher Dividend: Thermo Fisher's Board authorized a quarterly cash dividend of $0.47 per share, payable on July 15, 2026, to shareholders of record as of June 15, 2026, reflecting its robust financial performance in the science services sector.
- Franklin Resources Dividend: Franklin Resources announced a quarterly cash dividend of $0.33 per share, payable on July 10, 2026, to stockholders of record as of June 29, 2026, maintaining the same dividend as the previous quarter while representing a 3.1% increase from the same quarter last year, showcasing the company's stable profitability.
- McDonald's Dividend: McDonald's Board declared a quarterly cash dividend of $1.86 per share, payable on June 16, 2026, to shareholders of record as of June 2, 2026, demonstrating its ongoing profitability and commitment to shareholders.
See More
Franklin Resources Declares Quarterly Dividend of $0.33
- Quarterly Dividend Announcement: Franklin Resources has declared a quarterly dividend of $0.33 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of 4.23% associated with this dividend provides relative attractiveness in the current market environment, potentially drawing in income-seeking investors and enhancing the stock's appeal.
- Shareholder Record Date: The dividend will be payable on July 10, with a record date of June 29 and an ex-dividend date also on June 29, ensuring shareholders receive their dividends promptly, which may strengthen their holding intentions.
- Asset Management Growth: Franklin Resources experienced a 6.3% growth in assets under management in April, indicating enhanced competitiveness in the market and potentially laying the groundwork for future profit growth.
See More
Franklin Resources Announces Quarterly Cash Dividend
- Quarterly Cash Dividend: Franklin Resources, Inc. announced a cash dividend of $0.33 per share, payable on July 10, 2026, to stockholders of record as of June 29, 2026, ensuring stable returns for shareholders.
- Dividend Growth: The $0.33 dividend per share remains consistent with the previous quarter but represents a 3.1% increase compared to the same quarter last year, indicating the company's positive performance in sustaining profitability and shareholder returns.
- Investment Partnership: Since its founding in 1947, Franklin Templeton has focused on delivering tailored investment solutions, combining deep portfolio management expertise with cutting-edge technology to enhance clients' ability to achieve strategic goals.
- Market Positioning: Through continuous innovation and strategic partnerships, Franklin Resources has established a strong investment advantage across public and private markets, assisting clients in navigating market changes and capturing investment opportunities.
See More
Clarion Partners Expands Healthcare Real Estate Investments with Over $1 Billion in Acquisitions
- Large-Scale Acquisitions: Clarion Partners has recently completed over a dozen single-asset healthcare investments totaling more than $1 billion, demonstrating a strong expansion momentum in the healthcare real estate sector and further solidifying its market position.
- Diverse Portfolio: The new portfolio includes approximately 2,000 units across high-end senior housing communities and 133,000 square feet of newly delivered or renovated medical real estate, providing inpatient rehabilitation and outpatient medical services to meet the growing market demand.
- Strategic Partnerships: Clarion has established close partnerships with six top operators, ensuring operational efficiency in key growth markets and enhancing its competitive advantage in the healthcare real estate sector.
- Long-Term Growth Potential: Clarion currently oversees over $4.6 billion in healthcare-related assets, and with demographic shifts and evolving patient needs, these investments are expected to deliver stable income and attractive risk-adjusted returns for investors.
See More
U.S. Assets Under Management Rise 6.3% in April 2026
- AUM Growth: As of April 2026, total assets under management reported by nine U.S. asset managers reached $7.11 trillion, reflecting a 6.3% month-over-month increase and nearly 15% year-over-year growth, indicating a positive market recovery.
- Market Performance Boost: The S&P 500 index rose by 10% month-over-month and 29% year-over-year in April, providing strong support for the increase in AUM, which reflects a restoration of investor confidence.
- Company Performance Variance: Among the firms, Invesco (IVZ) led with an 8.33% month-over-month growth, while WisdomTree (WT) stood out with a remarkable 36.47% year-over-year increase, highlighting competitive disparities among companies in the market.
- Yield Changes: The 10-year U.S. Treasury yield rose by 2.14% in April and 5.17% year-to-date, which may influence investors' asset allocation decisions and further drive dynamics within the asset management industry.
See More
Analysis of High Dividend ETF Investment Strategies
- FDVV ETF Overview: The Fidelity High Dividend ETF has achieved an average annual return of 13.3% since its launch in September 2016, with a current dividend yield of 2.8%, highlighting its appeal in high-dividend investing, although its top four holdings are all tech stocks, which may impact investors' diversification strategies.
- NOBL ETF Advantages: The ProShares S&P 500 Dividend Aristocrats ETF consists of 69 companies that have paid and increased dividends for at least 25 years, offering a dividend yield of 2.09%, nearly double that of the S&P 500 index, and its P/E ratio of 21 is lower than the S&P 500's 31.9, indicating strong fundamentals.
- Fee Comparison: FDVV has an expense ratio of 0.15%, while NOBL charges 0.35%, making FDVV more cost-effective, appealing to long-term investors seeking low-cost high-dividend investment options.
- Investment Recommendation: Although both ETFs have underperformed the S&P 500 index in recent years, FDVV may be more suitable for investors looking to diversify within high-dividend stocks due to its lower fees and higher dividend yield.
See More
BlackRock, Thermo Fisher, and Others Declare Dividends
- BlackRock Dividend Announcement: BlackRock's Board of Directors declared a quarterly cash dividend of $5.73 per share, payable on June 23, 2026, to shareholders of record as of June 5, 2026, indicating the company's ongoing cash flow and shareholder return strategy.
- Thermo Fisher Dividend: Thermo Fisher's Board authorized a quarterly cash dividend of $0.47 per share, payable on July 15, 2026, to shareholders of record as of June 15, 2026, reflecting its robust financial performance in the science services sector.
- Franklin Resources Dividend: Franklin Resources announced a quarterly cash dividend of $0.33 per share, payable on July 10, 2026, to stockholders of record as of June 29, 2026, maintaining the same dividend as the previous quarter while representing a 3.1% increase from the same quarter last year, showcasing the company's stable profitability.
- McDonald's Dividend: McDonald's Board declared a quarterly cash dividend of $1.86 per share, payable on June 16, 2026, to shareholders of record as of June 2, 2026, demonstrating its ongoing profitability and commitment to shareholders.
See More
Franklin Resources Declares Quarterly Dividend of $0.33
- Quarterly Dividend Announcement: Franklin Resources has declared a quarterly dividend of $0.33 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of 4.23% associated with this dividend provides relative attractiveness in the current market environment, potentially drawing in income-seeking investors and enhancing the stock's appeal.
- Shareholder Record Date: The dividend will be payable on July 10, with a record date of June 29 and an ex-dividend date also on June 29, ensuring shareholders receive their dividends promptly, which may strengthen their holding intentions.
- Asset Management Growth: Franklin Resources experienced a 6.3% growth in assets under management in April, indicating enhanced competitiveness in the market and potentially laying the groundwork for future profit growth.
See More
Franklin Resources Announces Quarterly Cash Dividend
- Quarterly Cash Dividend: Franklin Resources, Inc. announced a cash dividend of $0.33 per share, payable on July 10, 2026, to stockholders of record as of June 29, 2026, ensuring stable returns for shareholders.
- Dividend Growth: The $0.33 dividend per share remains consistent with the previous quarter but represents a 3.1% increase compared to the same quarter last year, indicating the company's positive performance in sustaining profitability and shareholder returns.
- Investment Partnership: Since its founding in 1947, Franklin Templeton has focused on delivering tailored investment solutions, combining deep portfolio management expertise with cutting-edge technology to enhance clients' ability to achieve strategic goals.
- Market Positioning: Through continuous innovation and strategic partnerships, Franklin Resources has established a strong investment advantage across public and private markets, assisting clients in navigating market changes and capturing investment opportunities.
See More
Clarion Partners Expands Healthcare Real Estate Investments with Over $1 Billion in Acquisitions
- Large-Scale Acquisitions: Clarion Partners has recently completed over a dozen single-asset healthcare investments totaling more than $1 billion, demonstrating a strong expansion momentum in the healthcare real estate sector and further solidifying its market position.
- Diverse Portfolio: The new portfolio includes approximately 2,000 units across high-end senior housing communities and 133,000 square feet of newly delivered or renovated medical real estate, providing inpatient rehabilitation and outpatient medical services to meet the growing market demand.
- Strategic Partnerships: Clarion has established close partnerships with six top operators, ensuring operational efficiency in key growth markets and enhancing its competitive advantage in the healthcare real estate sector.
- Long-Term Growth Potential: Clarion currently oversees over $4.6 billion in healthcare-related assets, and with demographic shifts and evolving patient needs, these investments are expected to deliver stable income and attractive risk-adjusted returns for investors.
See More
U.S. Assets Under Management Rise 6.3% in April 2026
- AUM Growth: As of April 2026, total assets under management reported by nine U.S. asset managers reached $7.11 trillion, reflecting a 6.3% month-over-month increase and nearly 15% year-over-year growth, indicating a positive market recovery.
- Market Performance Boost: The S&P 500 index rose by 10% month-over-month and 29% year-over-year in April, providing strong support for the increase in AUM, which reflects a restoration of investor confidence.
- Company Performance Variance: Among the firms, Invesco (IVZ) led with an 8.33% month-over-month growth, while WisdomTree (WT) stood out with a remarkable 36.47% year-over-year increase, highlighting competitive disparities among companies in the market.
- Yield Changes: The 10-year U.S. Treasury yield rose by 2.14% in April and 5.17% year-to-date, which may influence investors' asset allocation decisions and further drive dynamics within the asset management industry.
See More
Analysis of High Dividend ETF Investment Strategies
- FDVV ETF Overview: The Fidelity High Dividend ETF has achieved an average annual return of 13.3% since its launch in September 2016, with a current dividend yield of 2.8%, highlighting its appeal in high-dividend investing, although its top four holdings are all tech stocks, which may impact investors' diversification strategies.
- NOBL ETF Advantages: The ProShares S&P 500 Dividend Aristocrats ETF consists of 69 companies that have paid and increased dividends for at least 25 years, offering a dividend yield of 2.09%, nearly double that of the S&P 500 index, and its P/E ratio of 21 is lower than the S&P 500's 31.9, indicating strong fundamentals.
- Fee Comparison: FDVV has an expense ratio of 0.15%, while NOBL charges 0.35%, making FDVV more cost-effective, appealing to long-term investors seeking low-cost high-dividend investment options.
- Investment Recommendation: Although both ETFs have underperformed the S&P 500 index in recent years, FDVV may be more suitable for investors looking to diversify within high-dividend stocks due to its lower fees and higher dividend yield.
See More
