We’ve all heard the saying, “The house always wins.” While originally applied to casinos and gambling, you could also make the argument that the adage also applies to Wall Street. Managing assets for clients can be a lucrative business. After all, the various managers of investment accounts collect some hefty fees/expenses no matter what the market is doing. But these days, a more fee-conscious investor won’t let Wall Street get away with murder anymore.
And, luckily, our asset manager pick for our Best Dividend Protection Stocks Model Portfolio is one of the good guys.
Already a leader in low-cost, no-load mutual funds and target-date funds, our pick has managed to gather billions in assets across its range of products. This has helped generate decades’ worth of steady cash flows and dividends for its investors. However, our pick isn’t done and is still managing to find growth.
That’s because it’s one of the first asset managers to adopt new active exchange-traded fund (ETF) vehicles for its clients. Several of its recent launches have gained serious traction with investors. This has provided a strong pace of asset gathering and innovation in the asset manager space. With that, our pick has the goods to keep its dividend going for the long haul.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
