Franklin Templeton is a global investment manager based in San Mateo with 10,000 employees worldwide and more than 5,400 in the US. The company has managed $1.6 trillion in assets as of 2024 and has operated for 77 years. The firm offers mutual funds, ETFs, retirement and alternative investment solutions, serving clients in over 150 countries.
Key company information:
Core expertise areas:
Franklin Templeton began in 1947 in New York, when Rupert H. Johnson, Sr. named the company after Benjamin Franklin. He wanted the brand to reflect values like frugality and wise investing, which Franklin represented. The firm's first mutual funds focused on conservative equity and bond investments that appealed to a wide range of investors.
The company went public in 1971, which helped it expand and move its headquarters to California in 1973. By the late 1970s, Franklin Templeton had nearly $250 million in assets and about 60 employees.
The launch of Franklin Money Fund in 1979 marked a turning point, as it became the firm's first billion-dollar fund and set the stage for rapid growth in the 1980s.
Franklin Templeton doubled its assets almost every year in the early 1980s. By 1986, it was listed on the New York Stock Exchange under the symbol BEN. That same year, the company opened its first office outside North America in Taiwan.
The acquisition of Heine Securities in 1996 helped Franklin Templeton build a strong lineup of international equity and domestic funds. The company continued to grow with key acquisitions like Bissett in 2000 and Fiduciary Trust in 2001.
The firm expanded into alternatives with the acquisition of K2 Advisors in 2012 and launched its first ETF in 2014. In 2019, Franklin Templeton acquired Benefit Street Partners, boosting its alternative credit offerings.
The company made a landmark purchase of Legg Mason, which brought new investment solutions and expanded Franklin Templeton's reach in fixed income, equities, and alternatives.
In 2024, the company partnered with Microsoft to build a financial AI platform using Microsoft Azure AI services. This project aims to personalize client support and bring advanced intelligence to the firm's business.
Franklin Templeton also expanded its SMA platform in 2025 by adding managed options strategies to its Canvas platform. This gives advisors more tools to manage risk and customize portfolios.
Franklin Templeton offers investment products with daily pricing and a suite of advanced solutions for different investor needs. Their offerings cover both traditional and alternative investments, with options for individuals, professionals, and institutions.
Franklin Templeton provides several investment options with daily pricing:
Beyond traditional daily-pricing products, Franklin Templeton offers advanced investment solutions:
Franklin Templeton is also recognized for strategies that help with tax-efficient wealth management, sustainable retirement income, and efficient wealth transfer. The firm provides insights and tools for college education funding and other wealth planning needs.
Franklin Templeton states that its culture is global, supportive, and focused on progress and inclusion. The company highlights these core values as central to its approach:
According to the company, benefits are designed to support flexibility, self-care, and community involvement. Franklin Templeton offers a comprehensive benefits package to its employees:
Most benefits vary by country, so employees are advised to check with their Franklin Templeton recruiter for local details.
Jennifer M. Johnson is CEO of Franklin Templeton and leads the company today. Johnson has held leadership roles across investment management, distribution, technology, operations, and wealth management before becoming CEO in February 2020. She earned a bachelor's degree in economics from the University of California at Davis.
The executive team brings a range of experience and unique skills to Franklin Templeton's leadership:
Serves as executive chair and chair of the board, bringing decades of leadership and family legacy.
Vice chair who guides firm direction while upholding founding family values.
Works as co-president and chief commercial officer, focusing on commercial growth and global partnerships.
Co-president and head of public market investments, overseeing public market strategies and performance.
Serves as co-president, CFO, and COO, managing financial operations and business strategy.
Executive VP, general counsel, and assistant secretary, leading legal and compliance functions.
The leadership team values new ideas and welcomes different viewpoints from employees. They believe that working together and sharing perspectives leads to better results.
Franklin Templeton is working with Binance to create new digital asset products that connect traditional and decentralized markets. The company's focus is on using blockchain to make investing and settlement easier and more efficient for clients. The firm aims to bring tokenization into everyday investing and help clients benefit from new technology.
The firm is also rolling out agentic AI tools across its global operations by partnering with Wand AI, an AI platform. It plans to use these systems to boost productivity, improve research, and automate complex tasks for clients and staff. The company seeks to make AI a core part of how it invests and operates in the future.
Stay informed about Franklin Templeton's latest developments, strategic initiatives, and market updates. This section highlights recent news and announcements about the company's business, products, and industry activities.
Former KKR, Morgan Stanley professional tasked with overseeing innovation.
The global firm is navigating a crisis of confidence as an SEC and DOJ probe into its Western Asset Management business sparked a historic $37B exodus.
The latest addition to the platform's quantitative portfolio suite aims to help advisors blunt the risks of stock concentration as they are unwound.
CFA Institute survey finds majority concerned about debt sustainability, highlights risks of the dollar compromising its status as a global reserve currency.
Emerging market strategies that shun Chinese stocks are gaining traction as investors mull volatility and economic risks.
The deficit will remain high or increase regardless, and some sectors will benefit from regulation stances more so than others, panelists at Franklin Templeton said.
The $3 billion RIA is making three of its income-focused strategies available to the fintech's TAMP users.
The wealth tech behemoth is expanding its distribution and product suite to address the increasingly important space.
The asset management giant is helping advisors to the mass affluent fine-tune their investments with SMA capabilities.
New solution will provide access to more than 20 asset managers' private assets.
Money has been pouring into actively managed ETFs and out of active mutual funds, but the future for the products, including semi-transparent ones, is hardly certain.
A new report reveals that digital assets are increasingly being recommended by wealth managers.
June snapshot survey by DACFP reveals more financial professionals pitching crypto exposure to their clients.
The first spot-price ether ETFs have been out for a month, during which time investors pulled money from the biggest product and prices dropped 20 percent.
The two Wall Street giants have substantial stakes, but a closer reading of their disclosures suggest different stances on the alternative ETF class.
