2 Wealth Management Stocks That Beat The Market

Wealth managers, financial advisors, mutual funds…

These are all things the personal finance community hates.

Yet, investing in one of these wealth management companies, which is very different from investing with them, would have significantly outperformed the S&P 500 over the past decade.

While neither of these companies pays a particularly high starting dividend yield, both have grown their payouts at a rate that outpaces inflation.

So, a long-term investor ultimately enjoyed market-beating performance and inflation-beating dividend growth. Something that would actually give both the companies on today’s list a 5%+ yield on cost since early May, 2015.

So what are these two businesses?

Raymond James Financial, Inc. ($RJF)

• Forward PE ratio of 13.27
• 1.46% starting dividend yield
• 5-year dividend CAGR of 14.95%
• Payout ratio of 17.77%.
• 10-year average annual total return of 15.33%.

This is a company trading at a fairly low valuation despite its market-beating performance. Over the past 10 years, S&P 500 ETF delivered an average annual return of 12.02%. Meanwhile…