{"success":true,"data":{"pressRelease":{"id":"31597","rtpr_id":"nBw9F1NCHa","ticker":"BEN","exchange":"NYSE","all_tickers":["BEN"],"title":"Ritholtz Wealth Management Launches ‘Porterhouse’ Equity SMA Strategy in Partnership with Franklin Templeton","author":"Business Wire","published_at":"2026-05-12T13:00:02.706Z","article_body":"Ritholtz Wealth Management Launches ‘Porterhouse’ Equity SMA Strategy in\nPartnership with Franklin Templeton\n\nNamed for focus on quality, new momentum strategy incorporates both\nfundamental and technical factors to selectively target market leaders\n\nRitholtz Wealth Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ritholtzwealth.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Ritholtz+Wealth+Management&index=1&md5=a14166b982e1d4f5f6779e0bd98f9999)\n(“Ritholtz”), a national RIA overseeing more than $7.6 billion in assets\nfor high-net-worth clients and institutions, today announced the launch of\nPorterhouse, a new equity separately managed account (SMA) strategy developed\nin partnership with global investment leader Franklin Templeton\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.franklintempleton.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Franklin+Templeton&index=2&md5=3138355c614d8d1fdeb4f299b51c5a99)\n. The strategy is available exclusively to Ritholtz clients and is designed to\ncomplement the firm’s core asset allocation models.\n\nPorterhouse, which is powered by Franklin Templeton’s Canvas\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.franklintempleton.com%2Fstrategies%2Fcanvas&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Canvas&index=3&md5=a16d4877a55722ca0480326d1ced4612)\n, an end-to-end platform for personalized tax-aware portfolios, is an active,\nquantitatively managed equity SMA built around a straightforward premise: own\nthe market’s leaders while they are leading and step aside when they are\nnot. The strategy builds on the same research behind Josh Brown’s widely\nfollowed “Best Stocks in the Market” list and reflects the firm’s\ndisciplined approach to investing. It screens for companies that exhibit\nstrong momentum and fundamentals, including earnings and cash flows, to\nidentify those with high potential for future growth.\n\n“When walking into a great steakhouse, most people aren’t ordering a\nsampler platter. They’re generally there for the porterhouse,” said Josh\nBrown\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fdtjb&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Josh+Brown&index=4&md5=8645b662350a4daff582d3716f3cb340)\n, co-founder and CEO of Ritholtz. “It’s a deliberate choice to focus on\nthe best thing on the menu and not dilute it with a little bit of everything.\nThat’s the mindset here: we’re concentrating on the stocks that are\nactually leading and we’re willing to move on when they’re not. Partnering\nwith Franklin Templeton on this strategy is a natural extension of a\nrelationship we’ve built over more than a decade.”\n\nThe strategy is intentionally selective. Each month, the portfolio is\nconstructed from a defined universe of large-cap equities—those in the top\n50 percent of the Russell 1000® Index—generating a focused “buy list”\nof companies that meet specific momentum and quality criteria. That list can\nexpand when opportunities are abundant and contract when they are not,\nallowing the portfolio to concentrate capital in higher-conviction names or\nsell and free up cash when fewer stocks meet the bar.\n\n“Our core allocation models are built to compound quietly over time,\" added\nMichael Batnick, CFA\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fmichael-batnick-cfa-a04a9a63&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Michael+Batnick%2C+CFA&index=5&md5=88f91b3d4fb4cc332b33f39c8ad33473)\n, managing partner at Ritholtz. “Long-term investors are rewarded for\nletting the market do the heavy lifting. Porterhouse takes a more active\napproach. It focuses on what the market is rewarding right now and adjusts as\nstocks fall in and out of favor. Momentum is an established concept we’ve\nemployed in client portfolios for the better part of a decade, and this is a\nfocused way to apply it.”\n\nRitholtz Wealth Management has partnered with Franklin Templeton on the\nstrategy, building on a relationship spanning more than a decade and\nleveraging Franklin Templeton’s global investment capabilities. Porterhouse\nwill be available to qualified Ritholtz clients as of June 1, and investors\ninterested in learning more about the strategy and its role within a broader\nportfolio should contact their Ritholtz financial advisor. To learn more,\nvisit ritholtzwealth.com/porterhouse\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fritholtzwealth.com%2Fporterhouse&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=ritholtzwealth.com%2Fporterhouse&index=6&md5=e1c0d603d82d16621b72da3117e2c896)\n.\n\nAbout Ritholtz Wealth Management\n\nRitholtz Wealth Management is a registered investment adviser based in New\nYork City, with offices across the country, that offers a full suite of\nfinancial planning and asset management services to high-net-worth households,\ncorporate retirement plans, endowments and charitable foundations. The firm's\ncore principle is bringing value-added investment and financial planning help\nto its clients as a fee-only fiduciary advisor. For more information, please\nvisit ritholtzwealth.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ritholtzwealth.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=ritholtzwealth.com&index=7&md5=b6450171fbd395301e714b941cb5fb1f)\n, follow us on X @ritholtzwealth\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fx.com%2FRitholtzWealth&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=%40ritholtzwealth&index=8&md5=8563c3494e908ccc2fc3b2ab49a5a214)\nand Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fritholtzwealth%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Instagram&index=9&md5=730a85238e948d5f331f3652360bd55b)\nand watch us on YouTube at The Compound\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCBRpqrzuuqE8TZcWw75JSdw&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=The+Compound&index=10&md5=848ab4b695c2fef10bb518d3d7d49650)\n.\n\nAdvisory services are only offered to clients or prospective clients where\nRitholtz Wealth Management and its representatives are properly licensed or\nexempt from licensure. Investing involves risk and possible loss of principal\ncapital and there is no guarantee that the intended outcomes are achieved.\nPast performance is no guarantee of future returns. No advice may be rendered\nby Ritholtz Wealth Management unless a client service agreement is in place.\nThe Porterhouse Portfolio Strategy is new, with no operating history, and\ntherefore does not have a performance history. As a result, prospective\ninvestors will have no track record or history on which to base their\ninvestment decision.\n\nAbout Franklin Templeton\n\nFranklin Templeton is a trusted investment partner, delivering tailored\nsolutions that align with clients’ strategic goals. With deep portfolio\nmanagement expertise across public and private markets, we combine investment\nexcellence with cutting-edge technology. Since our founding in 1947, we have\nempowered clients through strategic partnership, forward-looking insights, and\ncontinuous innovation – providing the tools and resources to navigate change\nand capture opportunity.\n\nWith $1.68 trillion in assets under management as of March 31, 2026, Franklin\nTempleton operates globally in more than 35 countries.\n\nAll investments involve risks, including possible loss of principal. CANVAS®\nis an interactive web-based investment tool developed by O’Shaughnessy Asset\nManagement, L.L.C. (“OSAM”) that permits an investment professional to\nselect a desired investment strategy for the professional’s client.\n\nFranklin Templeton, its affiliates, and its employees are not in the business\nof providing tax or legal advice to taxpayers. These materials and any\ntax-related statements are not intended or written to be used, and cannot be\nused or relied upon, by any such taxpayer for the purpose of avoiding tax\npenalties or complying with any applicable tax laws or regulations. Tax\nrelated statements, if any, may have been written in connection with the\n“promotion or marketing” of the transaction(s) or matter(s) addressed by\nthese materials, to the extent allowed by applicable law. Any such taxpayer\nshould seek advice based on the taxpayer’s particular circumstances from an\nindependent tax advisor.\n\nTo learn more, visit franklintempleton.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.franklintempleton.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=franklintempleton.com&index=11&md5=58119282f9845e785591eefa177f4312)\nand follow us on LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffranklin-templeton&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=LinkedIn&index=12&md5=191e8e039bf532b99ee1f1edd4bb79fa)\n.\n\nFranklin Resources, Inc. [NYSE: BEN]\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260512411348/en/\n(https://www.businesswire.com/news/home/20260512411348/en/)\n\nMedia Contacts: \n\nStreetCred PR\n\nJimmy Moock\n\njimmy@streetcredpr.com \n(mailto:jimmy@streetcredpr.com) \n610-304-4570\n\nritholtz@streetcredpr.com (mailto:ritholtz@streetcredpr.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw9F1NCHa","title":"Ritholtz Wealth Management Launches ‘Porterhouse’ Equity SMA Strategy in Partnership with Franklin Templeton","author":"Business Wire","ticker":"BEN","created":"2026-05-12T13:00:02.706Z","tickers":["BEN"],"exchange":"NYSE","article_body":"Ritholtz Wealth Management Launches ‘Porterhouse’ Equity SMA Strategy in\nPartnership with Franklin Templeton\n\nNamed for focus on quality, new momentum strategy incorporates both\nfundamental and technical factors to selectively target market leaders\n\nRitholtz Wealth Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ritholtzwealth.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Ritholtz+Wealth+Management&index=1&md5=a14166b982e1d4f5f6779e0bd98f9999)\n(“Ritholtz”), a national RIA overseeing more than $7.6 billion in assets\nfor high-net-worth clients and institutions, today announced the launch of\nPorterhouse, a new equity separately managed account (SMA) strategy developed\nin partnership with global investment leader Franklin Templeton\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.franklintempleton.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Franklin+Templeton&index=2&md5=3138355c614d8d1fdeb4f299b51c5a99)\n. The strategy is available exclusively to Ritholtz clients and is designed to\ncomplement the firm’s core asset allocation models.\n\nPorterhouse, which is powered by Franklin Templeton’s Canvas\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.franklintempleton.com%2Fstrategies%2Fcanvas&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Canvas&index=3&md5=a16d4877a55722ca0480326d1ced4612)\n, an end-to-end platform for personalized tax-aware portfolios, is an active,\nquantitatively managed equity SMA built around a straightforward premise: own\nthe market’s leaders while they are leading and step aside when they are\nnot. The strategy builds on the same research behind Josh Brown’s widely\nfollowed “Best Stocks in the Market” list and reflects the firm’s\ndisciplined approach to investing. It screens for companies that exhibit\nstrong momentum and fundamentals, including earnings and cash flows, to\nidentify those with high potential for future growth.\n\n“When walking into a great steakhouse, most people aren’t ordering a\nsampler platter. They’re generally there for the porterhouse,” said Josh\nBrown\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fdtjb&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Josh+Brown&index=4&md5=8645b662350a4daff582d3716f3cb340)\n, co-founder and CEO of Ritholtz. “It’s a deliberate choice to focus on\nthe best thing on the menu and not dilute it with a little bit of everything.\nThat’s the mindset here: we’re concentrating on the stocks that are\nactually leading and we’re willing to move on when they’re not. Partnering\nwith Franklin Templeton on this strategy is a natural extension of a\nrelationship we’ve built over more than a decade.”\n\nThe strategy is intentionally selective. Each month, the portfolio is\nconstructed from a defined universe of large-cap equities—those in the top\n50 percent of the Russell 1000® Index—generating a focused “buy list”\nof companies that meet specific momentum and quality criteria. That list can\nexpand when opportunities are abundant and contract when they are not,\nallowing the portfolio to concentrate capital in higher-conviction names or\nsell and free up cash when fewer stocks meet the bar.\n\n“Our core allocation models are built to compound quietly over time,\" added\nMichael Batnick, CFA\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fmichael-batnick-cfa-a04a9a63&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Michael+Batnick%2C+CFA&index=5&md5=88f91b3d4fb4cc332b33f39c8ad33473)\n, managing partner at Ritholtz. “Long-term investors are rewarded for\nletting the market do the heavy lifting. Porterhouse takes a more active\napproach. It focuses on what the market is rewarding right now and adjusts as\nstocks fall in and out of favor. Momentum is an established concept we’ve\nemployed in client portfolios for the better part of a decade, and this is a\nfocused way to apply it.”\n\nRitholtz Wealth Management has partnered with Franklin Templeton on the\nstrategy, building on a relationship spanning more than a decade and\nleveraging Franklin Templeton’s global investment capabilities. Porterhouse\nwill be available to qualified Ritholtz clients as of June 1, and investors\ninterested in learning more about the strategy and its role within a broader\nportfolio should contact their Ritholtz financial advisor. To learn more,\nvisit ritholtzwealth.com/porterhouse\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fritholtzwealth.com%2Fporterhouse&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=ritholtzwealth.com%2Fporterhouse&index=6&md5=e1c0d603d82d16621b72da3117e2c896)\n.\n\nAbout Ritholtz Wealth Management\n\nRitholtz Wealth Management is a registered investment adviser based in New\nYork City, with offices across the country, that offers a full suite of\nfinancial planning and asset management services to high-net-worth households,\ncorporate retirement plans, endowments and charitable foundations. The firm's\ncore principle is bringing value-added investment and financial planning help\nto its clients as a fee-only fiduciary advisor. For more information, please\nvisit ritholtzwealth.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ritholtzwealth.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=ritholtzwealth.com&index=7&md5=b6450171fbd395301e714b941cb5fb1f)\n, follow us on X @ritholtzwealth\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fx.com%2FRitholtzWealth&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=%40ritholtzwealth&index=8&md5=8563c3494e908ccc2fc3b2ab49a5a214)\nand Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fritholtzwealth%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=Instagram&index=9&md5=730a85238e948d5f331f3652360bd55b)\nand watch us on YouTube at The Compound\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCBRpqrzuuqE8TZcWw75JSdw&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=The+Compound&index=10&md5=848ab4b695c2fef10bb518d3d7d49650)\n.\n\nAdvisory services are only offered to clients or prospective clients where\nRitholtz Wealth Management and its representatives are properly licensed or\nexempt from licensure. Investing involves risk and possible loss of principal\ncapital and there is no guarantee that the intended outcomes are achieved.\nPast performance is no guarantee of future returns. No advice may be rendered\nby Ritholtz Wealth Management unless a client service agreement is in place.\nThe Porterhouse Portfolio Strategy is new, with no operating history, and\ntherefore does not have a performance history. As a result, prospective\ninvestors will have no track record or history on which to base their\ninvestment decision.\n\nAbout Franklin Templeton\n\nFranklin Templeton is a trusted investment partner, delivering tailored\nsolutions that align with clients’ strategic goals. With deep portfolio\nmanagement expertise across public and private markets, we combine investment\nexcellence with cutting-edge technology. Since our founding in 1947, we have\nempowered clients through strategic partnership, forward-looking insights, and\ncontinuous innovation – providing the tools and resources to navigate change\nand capture opportunity.\n\nWith $1.68 trillion in assets under management as of March 31, 2026, Franklin\nTempleton operates globally in more than 35 countries.\n\nAll investments involve risks, including possible loss of principal. CANVAS®\nis an interactive web-based investment tool developed by O’Shaughnessy Asset\nManagement, L.L.C. (“OSAM”) that permits an investment professional to\nselect a desired investment strategy for the professional’s client.\n\nFranklin Templeton, its affiliates, and its employees are not in the business\nof providing tax or legal advice to taxpayers. These materials and any\ntax-related statements are not intended or written to be used, and cannot be\nused or relied upon, by any such taxpayer for the purpose of avoiding tax\npenalties or complying with any applicable tax laws or regulations. Tax\nrelated statements, if any, may have been written in connection with the\n“promotion or marketing” of the transaction(s) or matter(s) addressed by\nthese materials, to the extent allowed by applicable law. Any such taxpayer\nshould seek advice based on the taxpayer’s particular circumstances from an\nindependent tax advisor.\n\nTo learn more, visit franklintempleton.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.franklintempleton.com%2F&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=franklintempleton.com&index=11&md5=58119282f9845e785591eefa177f4312)\nand follow us on LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffranklin-templeton&esheet=54534065&newsitemid=20260512411348&lan=en-US&anchor=LinkedIn&index=12&md5=191e8e039bf532b99ee1f1edd4bb79fa)\n.\n\nFranklin Resources, Inc. [NYSE: BEN]\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260512411348/en/\n(https://www.businesswire.com/news/home/20260512411348/en/)\n\nMedia Contacts: \n\nStreetCred PR\n\nJimmy Moock\n\njimmy@streetcredpr.com \n(mailto:jimmy@streetcredpr.com) \n610-304-4570\n\nritholtz@streetcredpr.com (mailto:ritholtz@streetcredpr.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-12T13:00:02.943996329Z","server_sent_at_ms":1778590802943},"received_at":"2026-05-12T13:00:03.131Z","source_url":"https://www.businesswire.com/news/home/20260512411348/en/"},"analysis":null,"durationMs":null,"modelName":null}}