{"url":"https://nivawealth.com/firms/franklin-advisers-104517","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/104517","regulatoryAum":509453414941,"crd":"104517","secFileNumber":"801-26292","legalName":"Franklin Advisers, Inc.","displayName":"Franklin Advisers","website":null,"founded":null,"organization":"California corporation","fiscalYearEnd":"September","headquarters":{"street":"One Franklin Parkway, Building 970, 1st Floor","city":"San Mateo","state":"CA","stateName":"California","country":"United States","postalCode":"94403"},"tradeNames":["Franklin Templeton Investments Advisers, Inc"],"registration":{"secApproved":"30 January 1986","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":384,"advisory":272,"brokerDealerReps":64,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":506504461638,"discretionaryAccounts":24997,"nonDiscretionary":2948953303,"nonDiscretionaryAccounts":21,"wrapProgram":19286547037,"nonUsClientsPct":1,"nonAumClients":101},"clientTypes":[{"label":"Individuals (other than HNW)","clients":22641,"regulatoryAum":14808202778},{"label":"High-net-worth individuals","clients":382,"regulatoryAum":3073826881},{"label":"Banking or thrift institutions","clients":13,"regulatoryAum":21033403},{"label":"Investment companies","clients":254,"regulatoryAum":368096530114},{"label":"Pooled investment vehicles","clients":263,"regulatoryAum":98210493146},{"label":"Pension and profit-sharing plans","clients":255,"regulatoryAum":6014679945},{"label":"Charitable organizations","clients":139,"regulatoryAum":465230099},{"label":"State or municipal government entities","clients":6,"regulatoryAum":70795574},{"label":"Other investment advisers","clients":83,"regulatoryAum":2919051700},{"label":"Insurance companies","clients":18,"regulatoryAum":5110334689},{"label":"Sovereign wealth funds and foreign official institutions","clients":20,"regulatoryAum":8579667613},{"label":"Corporations and other businesses","clients":823,"regulatoryAum":1596473866},{"label":"Other","clients":223,"regulatoryAum":487095133}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Jpmorgan Chase & Co","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":4576297221},{"name":"UBS Group","shortName":"UBS Group","location":"New York, NY","smaAssets":9532056572},{"name":"The Bank of New York Mellon Corporation","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":6594371562}],"custodyNote":"Franklin Advisers has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Roger Bayston","title":"Executive Vice President","crd":"2278204"},{"name":"Jonathan Curtis","title":"Executive Vice President","crd":"4853035"},{"name":"Sonal Desai","title":"Executive Vice President and Director","crd":"7070945"},{"name":"Stephen Dover","title":"Executive Vice President and Director","crd":"1473436"},{"name":"Michael Hasenstab","title":"Executive Vice President","crd":"2664323"},{"name":"Michael McCarthy","title":"Executive Vice President and Portfolio Manager","crd":"2289397"},{"name":"Thomas Meyers","title":"Executive Vice President","crd":"1912302"},{"name":"Edward Perks","title":"President and Director","crd":"2320408"},{"name":"Adam Petryk","title":"Executive Vice President","crd":"7020834"},{"name":"Lindsey Oshita","title":"Chief Financial Officer","crd":"7183188"},{"name":"Bjorn Davis","title":"Chief Compliance Officer","crd":"4104631"},{"name":"Leeor Avigdor","title":"Treasurer","crd":"4702532"},{"name":"Christian Correa","title":"Chief Investment Officer","crd":"4464707"},{"name":"Rupert Johnson","title":"Director","crd":"1106669"},{"name":"Thomas Merchant","title":"Chief Legal Officer","crd":"3126886"}],"ownership":[{"label":"Franklin Templeton, Inc.","detail":"Shareholder in the 75% or more ownership band and a control person, since March 1978."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":6,"privateResidences":0},"listedOfficeAddresses":7,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"One Franklin Parkway, Building 970, 1st Floor","city":"San Mateo","headquarters":true},{"street":"2700 Camino Ramon","city":"San Ramon"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"100 First Stamford Place","city":"Stamford"}]},{"state":"Florida","offices":1,"addresses":[{"street":"300 S.E. 2nd Street","city":"Fort Lauderdale"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"100 Federal ST.","city":"Boston"}]},{"state":"New York","offices":1,"addresses":[{"street":"One Madison Avenue","city":"New York"}]},{"state":"Utah","offices":1,"addresses":[{"street":"47 West 200 South","city":"Salt Lake City"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"650-312-3000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":11},{"label":"U.S. government/agency bonds","percent":14},{"label":"U.S. state and local bonds","percent":29},{"label":"Sovereign bonds","percent":8},{"label":"Investment grade corporate bonds","percent":17},{"label":"Non-investment grade corporate bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":5},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":11},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":73},"sources":{"adv1FilingDate":"16 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/104517/PDF/104517.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Franklin Advisers have?","answer":"Franklin Advisers has 25,120 clients and manages $509.5 billion for them, as of September 2026. They include 22,641 other individuals, 823 corporations and other businesses and 382 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 16 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Franklin Advisers offer?","answer":"Franklin Advisers provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Franklin Advisers use?","answer":"Franklin Advisers’ separately managed account assets are held at UBS Group (New York, NY), with $9,532,056,572, The Bank of New York Mellon Corporation (New York, NY), with $6,594,371,562 and Jpmorgan Chase & Co (New York, NY), with $4,576,297,221. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Franklin Advisers have?","answer":"Franklin Advisers has 0 investment adviser representatives registered with state securities authorities, out of 384 employees, and 272 perform investment advisory functions. 64 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Franklin Advisers invest in?","answer":"At the end of its last fiscal year, Franklin Advisers’ separately managed accounts held 29% state and local bonds, 17% investment grade corporate bonds, 14% U.S. government and agency bonds, 11% exchange-traded equities, 11% pooled vehicles (private funds and similar), 8% sovereign bonds, 5% registered funds (mutual funds, ETFs, BDCs), 3% high-yield corporate bonds and 3% cash and equivalents. It advises 73 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Franklin Advisers?","answer":"Franklin Advisers’ direct owner is Franklin Templeton, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 16 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Franklin Advisers get paid?","answer":"Franklin Advisers is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}