FRANKLIN RESOURCES INC
Q1 2025 Form 13-F
FRANKLIN RESOURCES, INC. Form 13-F reported portfolio values from Q3 2013 to Q1 2025
Description and Activity
Franklin Resources, Inc., operating under the brand name Franklin Templeton, is a global investment management organization with approximately $1.4 trillion in assets under management (AUM) as of September 30, 2023. The company offers a broad range of investment products, including fixed income, equity, alternative, multi-asset, and cash management asset classes. Their services cater to retail, institutional, and high-net-worth investors worldwide.
The company generates revenue primarily through investment management fees, administration fees, and distribution fees. These fees are typically based on a percentage of the assets they manage. The investment management services are provided by specialist investment managers such as Benefit Street Partners, Brandywine Global, and Clarion Partners, who offer expertise across various asset classes and strategies.
Franklin's global distribution framework is divided into two main groups: global advisory services and global alliances and new business strategies. They utilize diverse sales channels, including retail, institutional, private wealth, retirement, insurance, and other specialty sales, to distribute their products and services. Additionally, Franklin provides trust, custody, and related services through its Fiduciary Trust International subsidiaries, catering specifically to high-net-worth individuals and families. They also offer a range of alternative products, including private credit funds, structured products, and hedge funds. Continue reading...
Operating in over 30 countries, Franklin is subject to extensive regulation by various U.S. and international authorities, including the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the Office of Foreign Assets Control of the U.S. Department of the Treasury (OFAC). The company faces significant competition in the financial services industry and must navigate a complex and changing regulatory environment, cybersecurity threats, data privacy concerns, and considerations related to environmental, social, and governance (ESG) factors.
Franklin has implemented comprehensive compliance and risk management processes to address these challenges, including executive compensation clawback policies, issuer share repurchase plans, cybersecurity disclosure requirements, and climate-related disclosure rules. The company continuously evaluates and updates its processes in response to evolving risks and regulatory requirements.
In summary, Franklin Resources, Inc. is a global investment management firm with a diverse portfolio of investment products and services, extensive regulatory oversight, and a robust framework for managing risks and compliance.