Clients
Franklin Templeton Fund Adviser serves 125 clients, 119 of them investment companies. The average client has about $1.34 billion with the firm.
- Investment companies119 clients86%
- Pooled investment vehicles6 clients14%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 119 | $143,467,697,743 | 85.7% | $1.21B |
| Pooled investment vehicles | 6 | $23,970,570,986 | 14.3% | $4.00B |
| Total | 125 | $167,438,268,729 | 100% | $1.34B |
- Clients
- 119
- Regulatory AUM
- $143,467,697,743
- Share
- 85.7%
- Avg. per client
- $1.21B
- Clients
- 6
- Regulatory AUM
- $23,970,570,986
- Share
- 14.3%
- Avg. per client
- $4.00B
Total
- Clients
- 125
- Regulatory AUM
- $167,438,268,729
- Share
- 100%
- Avg. per client
- $1.34B
What it does
Franklin Templeton Fund Adviser provides portfolio management for investment companies, portfolio management for pooled vehicles and selecting other managers. It is paid through a percentage of assets, performance-based fees and other arrangements.
Franklin Templeton Fund Adviser advises no private funds.
100.0% of assets ($167.44B across 125 accounts) are managed with discretion. 5% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Franklin Templeton Fund Adviser does not have custody of client assets.
- All other custodians$167.44B100%
Ownership and leadership
Legg Mason, Inc. owns 75% or more of Franklin Templeton Fund Adviser, and Jane Trust is its CEO.
- Owns 75% or more of Franklin Templeton Fund Adviser, LLC
Legg Mason, Inc.
Control person · since April 2006
- Owns 75% or more of Legg Mason, Inc.
Franklin Templeton, Inc.
Control person · since July 2020
Leadership
- Jane TrustPresident and Chief Executive Officer
- Jeanne KellySenior Vice President
- Fred JensenChief Compliance Officer
- Brian EakesManager
- Matthew HinkleManager
- Thomas MandiaSecretary
Staff
- 0 employees
Fees
Franklin Templeton Fund Adviser is paid through a percentage of assets under management, performance-based fees and other.
Franklin Templeton Fund Adviser’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Franklin Templeton Fund Adviser has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- One Madison Avenue, 17th Floor, New YorkHQ
Registration details
- Legal name
- Franklin Templeton Fund Adviser, LLC
- Headquarters
- One Madison Avenue, 17th Floor, New York, NY 10010
- Phone
- 800-822-5544
- Website
- Not reported
- SEC file
- 801-66785
- 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 Templeton Fund Adviser have?
Franklin Templeton Fund Adviser has 125 clients and manages $167.4 billion for them, as of September 2026. They include 119 investment companies and 6 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 September 2026
What services does Franklin Templeton Fund Adviser offer?
Franklin Templeton Fund Adviser provides portfolio management for investment companies, portfolio management for pooled vehicles and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Who owns Franklin Templeton Fund Adviser?
Franklin Templeton Fund Adviser is owned through a holding company by Franklin Templeton, Inc. Its direct owner is Legg Mason, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 September 2026
How does Franklin Templeton Fund Adviser get paid?
Franklin Templeton Fund Adviser is paid through a percentage of assets under management, performance-based fees and other arrangements. 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
