Franklin Advisers, Inc. (San Mateo)

Franklin Advisers, Inc. is a large advisory firm based in San Mateo. It manages $435.02 billion of regulatory assets for 412 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of California, Connecticut, Delaware, and 3 other states.

Franklin Advisers provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Franklin Advisers: assets under management

The assets under management (AUM) of Franklin Advisers, Inc. is $435.02 billion. The firm's AUM has grown by 310% since the beginning of its operation, and $97.12 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $434.95 billion in discretionary accounts and $63.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.06 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $21.23 million.

Investments

The firm invests in sovereign bonds the most. They account for 34% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in government bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franklin Advisers, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Rupert Harris Johnson serves?

The firm provides services to individuals, insurance companies, investment companies, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Rupert Harris Johnson is investment companies with 150 clients and $322.66 billion of assets under management. Among the 11 most similar advisory firms, Franklin Advisers has the 4th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $431.29 billion for 387 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 34% of the firm’s clients are foreign persons or businesses.

Franklin Advisers also advises several private funds. Namely, nine hedge funds, one other private fund, and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Franklin Advisers, Inc.

The company employs 213 people that are either part- or full-time employees. 81 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Rupert Harris Johnson has been acting as President since 1 Oct 1985. Matthew Nicholls joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Based in San Mateo

The principal office where Franklin Advisers, Inc. performs its advisory services is located at One Franklin Parkway, San Mateo, CA 94403 1906, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (650) 312-3000 or by fax (650) 312-5646. The normal business hours are 8:30 a.m.. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at franklintempleton.com/.

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