Franklin Templeton

Franklin Templeton is a global investment management organization headquartered in San Mateo, California. Founded in 1947 in New York City by Rupert H. Johnson Sr. as Franklin Distributors, Inc., the company was named after Benjamin Franklin to reflect values of frugality and prudent investing. Franklin Resources, Inc., the parent company, operates... through its subsidiaries as Franklin Templeton and is publicly traded on the New York Stock Exchange under the ticker symbol BEN. The firm provides investment management expertise, wealth management, and technology solutions to clients in over 165 countries through offices in more than 30 countries. Franklin Templeton offers specialized investment capabilities across multiple asset classes including equity, fixed income, multi-asset solutions, and alternatives, encompassing stocks, bonds, private equity, private debt, real estate, hedge funds, and venture capital. The company operates through multiple specialist investment teams and offers products under several brand names including Franklin, Templeton, Mutual Series, and Fiduciary. Franklin Templeton is traditionally known for bond funds under the Franklin brand, international funds under the Templeton brand, and value funds under the Mutual Series brand. The firm provides mutual funds, exchange-traded funds, retirement solutions, alternative investments, sustainable investing solutions, and institutional services. Major acquisitions have expanded the company's capabilities, including the 1992 acquisition of Templeton, Galbraith & Hansberger Ltd., the 1996 merger with Heine Securities Corporation's Mutual Series funds, the 2020 acquisition of Legg Mason, the 2022 acquisition of Lexington Partners and O'Shaughnessy Asset Management, and the 2024 acquisition of Putnam Investments. Franklin Templeton has pioneered innovations in investment management, including launching the first tokenized U.S. mutual fund using blockchain technology in 2021.Read More