Ritholtz Wealth Management has launched Porterhouse, a new equity separately managed account strategy developed in partnership with Franklin Templeton and designed to give clients a focused, momentum‑driven way to own market leaders. The firm, which oversees more than $7.6 billion in assets for high‑net‑worth households and institutions, said the strategy will be available exclusively to Ritholtz clients and will complement its core asset allocation models.
Porterhouse is powered by Franklin Templeton’s Canvas platform and applies a quantitative framework built around a straightforward premise: own the stocks that are leading while they are leading, and step aside when they are not. The strategy draws on the same research behind Josh Brown’s widely followed “Best Stocks in the Market” list, screening for companies with strong momentum and fundamentals such as earnings strength and cash‑flow quality.
Each month, the portfolio is constructed from a defined universe of large‑cap equities, specifically those in the top half of the Russell 1000 Index. This process generates a focused list of companies that meet the strategy’s momentum and quality criteria. The list expands when opportunities are plentiful and contracts when fewer stocks qualify, allowing the portfolio to concentrate capital in higher‑conviction names or hold cash when conditions are less favorable.
Ritholtz said Porterhouse is designed to complement its long‑term, quietly compounding core models by offering a more active, adaptive approach that focuses on what the market is rewarding in real time. Momentum has been a core component of the firm’s investment philosophy for nearly a decade, and Porterhouse represents a more targeted application of that discipline.
The launch builds on a relationship with Franklin Templeton that spans more than ten years, leveraging the firm’s global investment capabilities and technology infrastructure. Porterhouse will be available to qualified clients beginning June 1, and Ritholtz encouraged interested investors to speak with their financial advisors to understand how the strategy may fit within a broader portfolio.
KEY QUOTES:
“When walking into a great steakhouse, most people aren’t ordering a sampler platter. They’re generally there for the porterhouse. It’s a deliberate choice to focus on the best thing on the menu and not dilute it with a little bit of everything. That’s the mindset here: we’re concentrating on the stocks that are actually leading and we’re willing to move on when they’re not. Partnering with Franklin Templeton on this strategy is a natural extension of a relationship we’ve built over more than a decade.”
Josh Brown, co‑founder and CEO of Ritholtz Wealth Management
“Our core allocation models are built to compound quietly over time. Long‑term investors are rewarded for letting the market do the heavy lifting. Porterhouse takes a more active approach. It focuses on what the market is rewarding right now and adjusts as stocks fall in and out of favor. Momentum is an established concept we’ve employed in client portfolios for the better part of a decade, and this is a focused way to apply it.”
Michael Batnick, CFA, managing partner at Ritholtz Wealth Management
