{"url":"https://nivawealth.com/firms/franklin-advisory-services-111361","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/111361","regulatoryAum":14072273998,"crd":"111361","secFileNumber":"801-51967","legalName":"Franklin Advisory Services, LLC","displayName":"Franklin Advisory Services","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"September","headquarters":{"street":"One Franklin Parkway","city":"San Mateo","state":"FL","stateName":"Florida","country":"United States","postalCode":"94403-1906"},"tradeNames":[],"registration":{"secApproved":"16 May 1996","noticeFilings":1,"latestNoticeFiling":"26 December 2018","inventory":{"sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_FIRM_SEC_Feed_10_15_2026.xml.gz","sourceAsOf":"2026-10-15","retrievedAt":"2026-10-16T03:16:53.781384+00:00","noticeFilings":[{"status":"Notice Filed","jurisdiction":"California","effectiveDate":"2018-12-26"}],"registrationStatus":[{"status":"Approved","jurisdiction":"SEC","effectiveDate":"1996-05-16"}]}},"staff":{"employees":2,"advisory":2,"brokerDealerReps":1,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":14072273998,"discretionaryAccounts":66,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":55,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":30,"regulatoryAum":9213823226},{"label":"Pooled investment vehicles","clients":36,"regulatoryAum":4858450772}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Franklin Advisory Services has custody of $13.05B for 8 clients.","otherCustodians":[],"leadership":[{"name":"Sandra Kaul","title":"President","crd":"2237915"},{"name":"Asher Qureshi","title":"Chief Operating Officer - Franklin Crypto","crd":"5875363"},{"name":"Bjorn Davis","title":"Chief Compliance Officer","crd":"4104631"},{"name":"Leeor Avigdor","title":"Treasurer","crd":"4702532"},{"name":"Seth Ginns","title":"Chief Investment Officer - Franklin Crypto","crd":"7351090"},{"name":"Thomas Merchant","title":"Chief Legal Officer","crd":"3126886"},{"name":"Christopher Perkins","title":"Head of Franklin Crypto","crd":"5184324"}],"ownership":[{"label":"Franklin Advisers, Inc.","detail":"Member in the 75% or more ownership band and a control person, since July 2021."},{"label":"Franklin Templeton, Inc.","detail":"Indirect owner: a parent corporation of fai: 100% of Franklin Advisers, Inc. in the 75% or more band and a control person, since March 1978.","parent":"Franklin Advisers, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"One Franklin Parkway","city":"San Mateo","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"650-312-3000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":6},"sources":{"adv1FilingDate":"16 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/111361/PDF/111361.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 Advisory Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Franklin Advisory Services offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Franklin Advisory Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Franklin Advisory Services?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Franklin Advisory Services get paid?","answer":"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","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."}