COMPANIES

Franklin Templeton

About Franklin Templeton

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:

  • Office address: One Franklin Parkway, San Mateo, CA 94403-1906
  • Website: franklintempleton.com
  • Year established: 1947
  • Company type: Financial services
  • Employees: 10,000+ (global)
  • Parent company: Franklin Resources, Inc.
  • Assets under management: $1.6 trillion (as of 2024)

Core expertise areas:

  • Asset management
  • Mutual funds
  • ETFs
  • Retirement solutions
  • Alternative investments
  • Sustainable investing
  • Global equities
  • Fixed income
  • Private markets
  • Institutional solutions

History of Franklin Templeton

Founding and early years

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.

Building scale and moving West

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.

Expanding globally and diversifying

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.

Innovation and major moves

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.

Recent milestones

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 products and services

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.

Daily-pricing products

Franklin Templeton provides several investment options with daily pricing:

  • Mutual funds: Daily returns across asset classes
  • Exchange traded funds (ETFs): Flexible trading and broad market access
  • Separately managed accounts (SMAs): Tailored portfolios for specific needs
  • 529 portfolios: Education-focused investment options
  • Interval funds: Periodic liquidity for alternative assets
  • Tender offer funds: Access to less liquid investments
  • Money market funds: Short-term, low-risk cash management

Additional capabilities and specialized services

Beyond traditional daily-pricing products, Franklin Templeton offers advanced investment solutions:

  • Franklin managed options strategies: Risk management through options
  • Alternatives: Investments in private equity, property, and hedge funds
  • Digital assets: Exposure to emerging digital markets
  • Customized SMAs: Personalized investment approaches
  • Retirement solutions: IRAs and employer-sponsored plans

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.

Culture and corporate values

Core company values

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:

  • Put clients first
  • Build relationships
  • Achieve quality results
  • Work with integrity

Employee benefits and support

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:

Wellness and health support

  • Be Well program: Support for self-care, mental health, and healthy habits
  • Global wellness platform: Online fitness, wellness classes, and health coverage

Work flexibility

  • Flexible work: Options for remote work, flexible schedules, and caregiver leave
  • Paid time off: Vacation, holidays, wellness days, and volunteer time

Family and parental support

  • Parental leave: At least 12 paid weeks for birth, adoption, or surrogacy

Financial and community benefits

  • Financial rewards: Pay-for-performance, annual incentives, and recognition programs
  • Retirement savings: Employee stock plan and retirement plan options
  • Financial wellness: Training on budgeting, credit, and retirement planning
  • Community support: Paid volunteer time, donations for doers, and cause cards

Most benefits vary by country, so employees are advised to check with their Franklin Templeton recruiter for local details.

Leadership at Franklin Templeton

Jennifer Johnson, CEO

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.

Executive leadership team

The executive team brings a range of experience and unique skills to Franklin Templeton's leadership:

Gregory E. Johnson, Executive Chair

Serves as executive chair and chair of the board, bringing decades of leadership and family legacy.

Rupert H. Johnson, Jr., Vice Chair

Vice chair who guides firm direction while upholding founding family values.

Daniel Gamba, Co-President and Chief Commercial Officer

Works as co-president and chief commercial officer, focusing on commercial growth and global partnerships.

Terrence J. Murphy, Co-President

Co-president and head of public market investments, overseeing public market strategies and performance.

Matthew Nicholls, Co-President, CFO, and COO

Serves as co-president, CFO, and COO, managing financial operations and business strategy.

Thomas C. Merchant, Executive VP and General Counsel

Executive VP, general counsel, and assistant secretary, leading legal and compliance functions.

Leadership philosophy

The leadership team values new ideas and welcomes different viewpoints from employees. They believe that working together and sharing perspectives leads to better results.

The Future at Franklin Templeton

Digital assets and blockchain innovation

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.

Artificial intelligence integration

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.

The latest Franklin Templeton news

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.

Displaying 520 results
Ritholtz teams with Franklin Templeton on exclusive equity SMA
RIA NEWS MAY 13, 2026
Ritholtz teams with Franklin Templeton on exclusive equity SMA

New Porterhouse strategy applies momentum and quality screens to target leading large-cap stocks.

Franklin Templeton expands alts push with model portfolio launch on Corastone network
ALTERNATIVES MAY 11, 2026
Franklin Templeton expands alts push with model portfolio launch on Corastone network

The global asset manager and the self-styled private markets hyperscaler are making it easier for advisors to diversify portfolios at speed and at scale.

Raymond James launches AI Academy, extends its advisor tech push
FINTECH MAY 07, 2026
Raymond James launches AI Academy, extends its advisor tech push

Raymond James’ AI Academy offers advisors virtual training and workshops on the likes of AI prompting.

Advisors snapping up AI tools at record pace, says Osaic CEO
Advisors snapping up AI tools at record pace, says Osaic CEO

Osaic’s advisors began using the Jump and Zocks AI tools since early 2025.

Ex-PM sues Franklin Templeton, says cat bond fund's "rules-based" process was rigged
Ex-PM sues Franklin Templeton, says cat bond fund's "rules-based" process was rigged

A former portfolio manager says Franklin Templeton's "rules-based" cat bond fund was anything but — and calling it out cost him his job.

Hackathons, AI champions, and ‘pain point’ controls: How Franklin Templeton is riding the AI wave
FINTECH APR 28, 2026
Hackathons, AI champions, and ‘pain point’ controls: How Franklin Templeton is riding the AI wave

The asset manager's AI message “starts at the top,” said Katrina Dudley, senior investment strategist at Franklin Templeton.

Advisors should think about the 60/40 portfolio as a ‘throwback track’: Franklin Templeton
EQUITIES APR 20, 2026
Advisors should think about the 60/40 portfolio as a ‘throwback track’: Franklin Templeton

“Investor objectives, like musical tastes, have become more nuanced,” said Max Gokhman, deputy chief investment officer at Franklin Templeton Investment Solutions.

Schwab moves into spot crypto trading with phased retail rollout
ALTERNATIVES APR 17, 2026
Schwab moves into spot crypto trading with phased retail rollout

Brokerage giant adds bitcoin and ethereum trading as demand for digital assets accelerates.

Mark Mobius, pioneer of emerging markets investing, dies at 89
EMERGING MARKETS APR 15, 2026
Mark Mobius, pioneer of emerging markets investing, dies at 89

The emerging markets evangelist spent more than three decades at Franklin Templeton building a case for investing in the developing world – and a track record that largely backed it up.

Fintech bytes: Wealth.com declares new era for Ester AI
FINTECH APR 15, 2026
Fintech bytes: Wealth.com declares new era for Ester AI

Meanwhile, advisor AI platform Jump is expanding its partnership with an LPL OSJ, and TIFIN is entering the agentic AI arena.

Morgan Stanley’s Bitcoin exchange-traded product starts trading
ALTERNATIVES APR 10, 2026
Morgan Stanley’s Bitcoin exchange-traded product starts trading

MSBT opened for trading on Wednesday at $20.74 per share.

Franklin Templeton buying crypto shop as it continues push into nontraditional assets
ALTERNATIVES APR 01, 2026
Franklin Templeton buying crypto shop as it continues push into nontraditional assets

“Crypto’s institutional moment has arrived,” an executive said.

Advisor-focused hires lead latest wave of wealth management leadership moves
Advisor-focused hires lead latest wave of wealth management leadership moves

Product, recruiting, and client strategy roles dominate latest senior appointments at firms including Franklin, Edwards, Bernstein, Ellevest.

7th graders trading stocks? Why Schwab’s Generation Alpha account seems a savvy move
7th graders trading stocks? Why Schwab’s Generation Alpha account seems a savvy move

With the next generation of adults showing interest in their financial futures, creating the right products could be a winner.

Capital Group: ETFs can help advisors improve practice management, succession planning
ETFS MAR 20, 2026
Capital Group: ETFs can help advisors improve practice management, succession planning

“Tax efficiency is usually the number one thing that people think about,” said Scott Davis, head of ETFs at Capital Group.