Clients
Franklin Mutual Advisers serves 62 clients, 17 of them high-net-worth individuals. The average client has about $687 million with the firm, and high-net-worth clients hold 7% of its $42.6 billion in assets.
- High-net-worth individuals17 clients7%
- Investment companies16 clients78%
- Pooled investment vehicles29 clients15%
- OtherCharitable organizations, Other investment advisers, Corporations and other businesses0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 17 | $2,891,099,469 | 6.8% | $170.1M |
| Investment companies | 16 | $33,029,004,571 | 77.6% | $2.06B |
| Pooled investment vehicles | 29 | $6,480,973,792 | 15.2% | $223.5M |
| Charitable organizations | Not reported | $63,989,593 | 0.2% | — |
| Other investment advisers | Not reported | $110,782,312 | 0.3% | — |
| Corporations and other businesses | Not reported | $11,281,070 | 0.0% | — |
| Total | 62 | $42,587,130,807 | 100% | $686.9M |
- Clients
- 17
- Regulatory AUM
- $2,891,099,469
- Share
- 6.8%
- Avg. per client
- $170.1M
- Clients
- 16
- Regulatory AUM
- $33,029,004,571
- Share
- 77.6%
- Avg. per client
- $2.06B
- Clients
- 29
- Regulatory AUM
- $6,480,973,792
- Share
- 15.2%
- Avg. per client
- $223.5M
- Clients
- Not reported
- Regulatory AUM
- $63,989,593
- Share
- 0.2%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $110,782,312
- Share
- 0.3%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $11,281,070
- Share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 62
- Regulatory AUM
- $42,587,130,807
- Share
- 100%
- Avg. per client
- $686.9M
What it does
Franklin Mutual Advisers provides portfolio management for investment companies and portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Franklin Mutual Advisers advises no private funds.
99.7% of assets ($42.48B across 67 accounts) are managed with discretion; $110.8M across 1 account is not. 4% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks96%
- Cash4%
Custodians
Franklin Mutual Advisers’ client accounts are held mainly at Charles Schwab, with 0% of managed assets. Franklin Mutual Advisers has custody of client assets.
- OtherCharles Schwab, All other custodians100%
Ownership and leadership
Franklin Templeton, Inc. owns 75% or more of Franklin Mutual Advisers.
- Owns 75% or more of Franklin Mutual Advisers, LLC
Franklin Templeton, Inc.
Control person · since July 2021
Leadership
- Christian CorreaPresident
- Bjorn DavisChief Compliance Officer
- Leeor AvigdorTreasurer
- Thomas MerchantChief Legal Officer
Staff
- 52 employees
- 37 in advisory functions
- 5 broker-dealer reps
Fees
Franklin Mutual Advisers is paid through a percentage of assets under management and performance-based fees.
Franklin Mutual Advisers’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Franklin Mutual Advisers has 0 offices, with 1 listed address in 1 state.
New Jersey · 1 listed address
- 101 John F. Kennedy Parkway, Short HillsHQ
Registration details
- Legal name
- Franklin Mutual Advisers, LLC
- Headquarters
- 101 John F. Kennedy Parkway, Short Hills, NJ 07078-2789
- Phone
- 973-912-2000
- Website
- Not reported
- SEC file
- 801-53068
- 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 Mutual Advisers have?
Franklin Mutual Advisers has 62 clients and manages $42.6 billion for them, as of September 2026. They include 29 pooled investment vehicles, 17 high-net-worth individuals and 16 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 September 2026
What services does Franklin Mutual Advisers offer?
Franklin Mutual Advisers 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
Which custodians does Franklin Mutual Advisers use?
Franklin Mutual Advisers’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $110,782,311. 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
How many financial advisors does Franklin Mutual Advisers have?
Franklin Mutual Advisers has 0 investment adviser representatives registered with state securities authorities, out of 52 employees, and 37 perform investment advisory functions. 5 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
What does Franklin Mutual Advisers invest in?
At the end of its last fiscal year, Franklin Mutual Advisers’ separately managed accounts held 96% exchange-traded equities and 4% cash and equivalents. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Franklin Mutual Advisers?
Franklin Mutual Advisers’ direct owner is Franklin Templeton, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 September 2026
How does Franklin Mutual Advisers get paid?
Franklin Mutual 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