Clients
Franklin Templeton Institutional serves 113 clients, 39 of them pooled investment vehicles. The average client has about $262 million with the firm, and high-net-worth clients hold 0% of its $29.6 billion in assets.
- Investment companies34 clients39%
- Pooled investment vehicles39 clients22%
- Pension and profit-sharing plans15 clients20%
- State or municipal government entities2%
- Insurance companies5 clients7%
- OtherSovereign wealth funds and foreign official institutions, High-net-worth individuals, Charitable organizations, Corporations and other businesses, Other9%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 9 | $86,519,408 | 0.3% | $9.61M |
| Investment companies | 34 | $11,516,799,968 | 38.9% | $338.7M |
| Pooled investment vehicles | 39 | $6,584,785,899 | 22.3% | $168.8M |
| Pension and profit-sharing plans | 15 | $5,881,797,717 | 19.9% | $392.1M |
| Charitable organizations | 5 | $151,115,848 | 0.5% | $30.2M |
| State or municipal government entities | Not reported | $697,009,355 | 2.4% | — |
| Insurance companies | 5 | $2,143,413,645 | 7.2% | $428.7M |
| Sovereign wealth funds and foreign official institutions | 6 | $2,520,263,529 | 8.5% | $420.0M |
| Corporations and other businesses | Not reported | $10,500,634 | 0.0% | — |
| Other | Not reported | $308,995 | 0.0% | — |
| Total | 113 | $29,592,514,998 | 100% | $261.9M |
- Clients
- 9
- Regulatory AUM
- $86,519,408
- Share
- 0.3%
- Avg. per client
- $9.61M
- Clients
- 34
- Regulatory AUM
- $11,516,799,968
- Share
- 38.9%
- Avg. per client
- $338.7M
- Clients
- 39
- Regulatory AUM
- $6,584,785,899
- Share
- 22.3%
- Avg. per client
- $168.8M
- Clients
- 15
- Regulatory AUM
- $5,881,797,717
- Share
- 19.9%
- Avg. per client
- $392.1M
- Clients
- 5
- Regulatory AUM
- $151,115,848
- Share
- 0.5%
- Avg. per client
- $30.2M
- Clients
- Not reported
- Regulatory AUM
- $697,009,355
- Share
- 2.4%
- Avg. per client
- —
- Clients
- 5
- Regulatory AUM
- $2,143,413,645
- Share
- 7.2%
- Avg. per client
- $428.7M
- Clients
- 6
- Regulatory AUM
- $2,520,263,529
- Share
- 8.5%
- Avg. per client
- $420.0M
- Clients
- Not reported
- Regulatory AUM
- $10,500,634
- Share
- 0.0%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $308,995
- Share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 113
- Regulatory AUM
- $29,592,514,998
- Share
- 100%
- Avg. per client
- $261.9M
What it does
Franklin Templeton Institutional provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets and performance-based fees.
Franklin Templeton Institutional advises 7 private funds.
99.6% of assets ($29.46B across 119 accounts) are managed with discretion; $130.4M across 1 account is not. 33% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks26%
- Funds7%
- Bonds66%
- Investment grade corporate bonds50%
- U.S. government and agency bonds13%
- State and local bonds2%
- Sovereign bonds1%
- Cash1%
Custodians
Franklin Templeton Institutional’s client accounts are held mainly at The Bank of New York Mellon, with 13% of managed assets, and State Street Bank and Trust, with 12%. Franklin Templeton Institutional has custody of client assets.
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $3.54B12%
- The Bank of New York MellonThe Bank of New York Mellon Corporation · New York, NY · $3.89B13%
- Northern TrustNorthern Trust Corporation · Chicago, IL · $1.49B5%
- All other custodians$20.67B70%
Ownership and leadership
Franklin Templeton, Inc. owns 75% or more of Franklin Templeton Institutional.
- Owns 75% or more of Franklin Templeton Institutional, LLC
Franklin Templeton, Inc.
Control person · since October 2012
Leadership
- Jonathan CurtisExecutive Vice President
- Sonal DesaiExecutive Vice President
- Thomas MeyersExecutive Vice President
- George StephanExecutive Vice President
- Bjorn DavisChief Compliance Officer
- Leeor AvigdorTreasurer
- Thomas MerchantChief Legal Officer
Staff
- 127 employees
- 26 in advisory functions
- 11 broker-dealer reps
Fees
Franklin Templeton Institutional is paid through a percentage of assets under management and performance-based fees.
Franklin Templeton Institutional’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 Institutional has 4 offices, with 5 listed addresses across 4 states.
New York · 2 listed addresses
- One Madison Avenue, Suite 2100, New YorkHQ
- One Madison Avenue, New York
California · 1 listed address
- One Franklin Parkway, San Mateo
Illinois · 1 listed address
- 155 N. Wacker Drive, Chicago
New Jersey · 1 listed address
- 101 JFK Pkwy, New Jersey
Registration details
- Legal name
- Franklin Templeton Institutional, LLC
- Headquarters
- One Madison Avenue, Suite 2100, New York, NY 10010
- Phone
- 212-632-3279
- Website
- www.franklintempleton.com
- SEC file
- 801-60684
- 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 Institutional have?
Franklin Templeton Institutional has 113 clients and manages $29.6 billion for them, as of September 2026. They include 39 pooled investment vehicles, 34 investment companies and 15 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 September 2026
What services does Franklin Templeton Institutional offer?
Franklin Templeton Institutional provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Franklin Templeton Institutional use?
Franklin Templeton Institutional’s separately managed account assets are held at The Bank of New York Mellon Corporation (New York, NY), with $3,886,788,729, State Street Bank and Trust Company (Boston, MA), with $3,538,461,363 and Northern Trust Corporation (Chicago, IL), with $1,493,749,118. 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 Templeton Institutional have?
Franklin Templeton Institutional has 0 investment adviser representatives registered with state securities authorities, out of 127 employees, and 26 perform investment advisory functions. 11 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 Templeton Institutional invest in?
At the end of its last fiscal year, Franklin Templeton Institutional’s separately managed accounts held 50% investment grade corporate bonds, 26% exchange-traded equities, 13% U.S. government and agency bonds, 7% pooled vehicles (private funds and similar), 2% state and local bonds, 1% sovereign bonds and 1% cash and equivalents. It advises 7 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Franklin Templeton Institutional?
Franklin Templeton Institutional’s 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 Templeton Institutional get paid?
Franklin Templeton Institutional 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