{"url":"https://nivawealth.com/firms/franklin-templeton-institutional-117384","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/117384","regulatoryAum":29592514998,"crd":"117384","secFileNumber":"801-60684","legalName":"Franklin Templeton Institutional, LLC","displayName":"Franklin Templeton Institutional","website":"https://www.franklintempleton.com/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"September","headquarters":{"street":"One Madison Avenue, Suite 2100","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10010"},"tradeNames":[],"registration":{"secApproved":"13 November 2001","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":127,"advisory":26,"brokerDealerReps":11,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":29462084159,"discretionaryAccounts":119,"nonDiscretionary":130430839,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":33,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":9,"regulatoryAum":86519408},{"label":"Investment companies","clients":34,"regulatoryAum":11516799968},{"label":"Pooled investment vehicles","clients":39,"regulatoryAum":6584785899},{"label":"Pension and profit-sharing plans","clients":15,"regulatoryAum":5881797717},{"label":"Charitable organizations","clients":5,"regulatoryAum":151115848},{"label":"State or municipal government entities","clients":null,"regulatoryAum":697009355},{"label":"Insurance companies","clients":5,"regulatoryAum":2143413645},{"label":"Sovereign wealth funds and foreign official institutions","clients":6,"regulatoryAum":2520263529},{"label":"Corporations and other businesses","clients":null,"regulatoryAum":10500634},{"label":"Other","clients":null,"regulatoryAum":308995}],"fees":[],"feeNotes":[],"custodians":[{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":3538461363},{"name":"The Bank of New York Mellon Corporation","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":3886788729},{"name":"Northern Trust Corporation","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":1493749118}],"custodyNote":"Franklin Templeton Institutional has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jonathan Curtis","title":"Executive Vice President","crd":"4853035"},{"name":"Sonal Desai","title":"Executive Vice President","crd":"7070945"},{"name":"Thomas Meyers","title":"Executive Vice President","crd":"1912302"},{"name":"George Stephan","title":"Executive Vice President","crd":"5903432"},{"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 October 2012."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":5,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"One Franklin Parkway","city":"San Mateo"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"155 N. Wacker Drive","city":"Chicago"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"101 JFK Pkwy","city":"New Jersey"}]},{"state":"New York","offices":2,"addresses":[{"street":"One Madison Avenue, Suite 2100","city":"New York","headquarters":true},{"street":"One Madison Avenue","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-632-3279","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":26},{"label":"U.S. government/agency bonds","percent":13},{"label":"U.S. state and local bonds","percent":2},{"label":"Sovereign bonds","percent":1},{"label":"Investment grade corporate bonds","percent":50},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":7},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":7},"sources":{"adv1FilingDate":"16 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/117384/PDF/117384.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 Templeton Institutional have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Franklin Templeton Institutional offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Franklin Templeton Institutional use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Franklin Templeton Institutional have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Franklin Templeton Institutional invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Franklin Templeton Institutional?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Franklin Templeton Institutional get paid?","answer":"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","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."}