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Franklin Advisory Services

SEC-registered adviser since 1996San Mateo, FLCRD 111361

$14.1B
AUM
66
Clients
See fees
Fee
2
Advisory staff

From Form ADV filed 16 September 2026 · data retrieved 15 October 2026SEC record

Franklin Advisory Services is an investment adviser headquartered in San Mateo, Florida, and registered with the SEC since 1996. Its clients include investment companies and pooled investment vehicles.

Its services include portfolio management for investment companies and portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management. Franklin Advisers, Inc. owns 75% or more of Franklin Advisory Services.

Clients

Franklin Advisory Services serves 66 clients, 36 of them pooled investment vehicles. The average client has about $213 million with the firm.

Regulatory assets by client type
  • Investment companies30 clients65%
  • Pooled investment vehicles36 clients35%
Show client breakdown
Investment companies
Clients
30
Regulatory AUM
$9,213,823,226
Share
65.5%
Avg. per client
$307.1M
Pooled investment vehicles
Clients
36
Regulatory AUM
$4,858,450,772
Share
34.5%
Avg. per client
$135.0M

Total

Clients
66
Regulatory AUM
$14,072,273,998
Share
100%
Avg. per client
$213.2M

What it does

Franklin Advisory Services provides portfolio management for investment companies and portfolio management for pooled vehicles. It is paid through a percentage of assets.

Franklin Advisory Services advises 6 private funds.

100.0% of assets ($14.07B across 66 accounts) are managed with discretion. 55% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Franklin Advisory Services has custody of $13.05B for 8 clients.

Managed account assets by custodian
  • All other custodians$14.07B100%

Ownership and leadership

Franklin Advisers, Inc. owns 75% or more of Franklin Advisory Services.

Who owns the firm
Franklin Advisory Services, LLC· the adviser

  • Franklin Advisers, Inc.

    Control person · since July 2021

    Owns 75% or more of Franklin Advisory Services, LLC

Leadership

  • Sandra Kaul
    President
  • Asher Qureshi
    Chief Operating Officer - Franklin Crypto
  • Bjorn Davis
    Chief Compliance Officer
  • Leeor Avigdor
    Treasurer
  • Seth Ginns
    Chief Investment Officer - Franklin Crypto
  • Thomas Merchant
    Chief Legal Officer
  • Christopher Perkins
    Head of Franklin Crypto

Staff

  • 2 employees
  • 2 in advisory functions
  • 1 broker-dealer rep

Fees

Franklin Advisory Services is paid through a percentage of assets under management.

Brochure fee details have not yet been processed for this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Franklin Advisory Services has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Florida · 1 listed address

  • One Franklin Parkway, San MateoHQ

Registration details

Legal name
Franklin Advisory Services, LLC
Headquarters
One Franklin Parkway, San Mateo, FL 94403-1906
Phone
650-312-3000
Website
Not reported
SEC file
801-51967
Structure
Delaware LLC
Fiscal year end
September

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Franklin Advisory Services have?

Franklin Advisory Services has 66 clients and manages $14.1 billion for them, as of September 2026. They include 36 pooled investment vehicles and 30 investment companies.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 September 2026

What services does Franklin Advisory Services offer?

Franklin Advisory Services provides portfolio management for investment companies and portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Franklin Advisory Services have?

Franklin Advisory Services has 0 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 1 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

Who owns Franklin Advisory Services?

Franklin Advisory Services is owned through a holding company by Franklin Templeton, Inc. Its direct owner is Franklin Advisers, Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 16 September 2026

How does Franklin Advisory Services get paid?

Franklin Advisory Services is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 16 September 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 111361.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Franklin Advisory Services, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.