{"url":"https://nivawealth.com/firms/franklin-mutual-advisers-111376","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/111376","regulatoryAum":42587130807,"crd":"111376","secFileNumber":"801-53068","legalName":"Franklin Mutual Advisers, LLC","displayName":"Franklin Mutual Advisers","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"September","headquarters":{"street":"101 John F. Kennedy Parkway","city":"Short Hills","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"07078-2789"},"tradeNames":[],"registration":{"secApproved":"10 October 1996","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":52,"advisory":37,"brokerDealerReps":5,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":42476348496,"discretionaryAccounts":67,"nonDiscretionary":110782311,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":4,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":17,"regulatoryAum":2891099469},{"label":"Investment companies","clients":16,"regulatoryAum":33029004571},{"label":"Pooled investment vehicles","clients":29,"regulatoryAum":6480973792},{"label":"Charitable organizations","clients":null,"regulatoryAum":63989593},{"label":"Other investment advisers","clients":null,"regulatoryAum":110782312},{"label":"Corporations and other businesses","clients":null,"regulatoryAum":11281070}],"fees":[],"feeNotes":[],"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":110782311}],"custodyNote":"Franklin Mutual Advisers has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Christian Correa","title":"President","crd":"4464707"},{"name":"Bjorn Davis","title":"Chief Compliance Officer","crd":"4104631"},{"name":"Leeor Avigdor","title":"Treasurer","crd":"4702532"},{"name":"Thomas Merchant","title":"Chief Legal Officer","crd":"3126886"}],"ownership":[{"label":"Franklin Templeton, Inc.","detail":"Member in the 75% or more ownership band and a control person, since July 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"101 John F. Kennedy Parkway","city":"Short Hills","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"973-912-2000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":96},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"16 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/111376/PDF/111376.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 Mutual Advisers have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Franklin Mutual Advisers offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Franklin Mutual Advisers use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Franklin Mutual Advisers have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Franklin Mutual Advisers invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Franklin Mutual Advisers?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Franklin Mutual Advisers get paid?","answer":"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","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."}