{"url":"https://nivawealth.com/firms/franklin-templeton-private-portfolio-group-142219","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/142219","regulatoryAum":139884765424,"crd":"142219","secFileNumber":"801-67411","legalName":"Franklin Templeton Private Portfolio Group, LLC","displayName":"Franklin Templeton Private Portfolio Group","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"September","headquarters":{"street":"One Madison Avenue, 18th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10010"},"tradeNames":[],"registration":{"secApproved":"19 January 2007","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":15,"advisory":2,"brokerDealerReps":7,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":87428110516,"discretionaryAccounts":179668,"nonDiscretionary":52456654908,"nonDiscretionaryAccounts":58,"wrapProgram":132351719970,"nonUsClientsPct":1,"nonAumClients":3},"clientTypes":[{"label":"Individuals (other than HNW)","clients":174985,"regulatoryAum":75711034365},{"label":"High-net-worth individuals","clients":920,"regulatoryAum":3087028509},{"label":"Banking or thrift institutions","clients":25,"regulatoryAum":250387043},{"label":"Pension and profit-sharing plans","clients":1030,"regulatoryAum":696064153},{"label":"Charitable organizations","clients":606,"regulatoryAum":3103822274},{"label":"State or municipal government entities","clients":16,"regulatoryAum":336014561},{"label":"Other investment advisers","clients":124,"regulatoryAum":52239445466},{"label":"Insurance companies","clients":5,"regulatoryAum":3296895},{"label":"Corporations and other businesses","clients":2027,"regulatoryAum":4457672158}],"fees":[],"feeNotes":[],"custodians":[{"name":"Morgan Stanley Smith Barney LLC","shortName":"Morgan Stanley","location":"New York, NY","smaAssets":49502566987},{"name":"Merrill Lynch, Pierce, Fenner & Smith Incorporated","shortName":"Merrill Lynch, Pierce, Fenner & Smith","location":"New York, NY","smaAssets":18296197742},{"name":"UBS Financial Services Inc.","shortName":"UBS Financial Services","location":"Weehawken, NJ","smaAssets":16740294405}],"custodyNote":"Franklin Templeton Private Portfolio Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Terrence Murphy","title":"Chief Executive Officer","crd":"5007121"},{"name":"Daniel Chasan","title":"Chief Operating Officer","crd":"2811920"},{"name":"Brian Murphy","title":"Chief Compliance Officer","crd":"4846763"},{"name":"Jasna Dolgov","title":"General Counsel","crd":"5329279"},{"name":"Terrence Murphy","title":"Director","crd":"5007121"},{"name":"Seok Oh","title":"Director","crd":"3258291"}],"ownership":[{"label":"Legg Mason, Inc.","detail":"Sole member in the 75% or more ownership band and a control person, since October 2006."},{"label":"Franklin Templeton, Inc.","detail":"Indirect owner: a sole shareholder of legg mason, inc. of Legg Mason, Inc. in the 75% or more band and a control person, since July 2020.","parent":"Legg Mason, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"One Madison Avenue, 18th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-805-2000","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":72},{"label":"U.S. government/agency bonds","percent":5},{"label":"U.S. state and local bonds","percent":11},{"label":"Investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":5},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"28 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/142219/PDF/142219.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 Private Portfolio Group have?","answer":"Franklin Templeton Private Portfolio Group has 179,738 clients and manages $139.9 billion for them, as of August 2026. They include 174,985 other individuals, 2,027 corporations and other businesses and 1,030 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Franklin Templeton Private Portfolio Group offer?","answer":"Franklin Templeton Private Portfolio Group provides portfolio management for individuals and small businesses and portfolio management for institutions.","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 Private Portfolio Group use?","answer":"Franklin Templeton Private Portfolio Group’s separately managed account assets are held at Morgan Stanley Smith Barney LLC (New York, NY), with $49,502,566,987, Merrill Lynch, Pierce, Fenner & Smith Incorporated (New York, NY), with $18,296,197,742 and UBS Financial Services Inc. (Weehawken, NJ), with $16,740,294,405. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Franklin Templeton Private Portfolio Group have?","answer":"Franklin Templeton Private Portfolio Group has 1 investment adviser representatives registered with state securities authorities, out of 15 employees, and 2 perform investment advisory functions. 7 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 Private Portfolio Group invest in?","answer":"At the end of its last fiscal year, Franklin Templeton Private Portfolio Group’s separately managed accounts held 72% exchange-traded equities, 11% state and local bonds, 5% U.S. government and agency bonds, 5% investment grade corporate bonds, 5% registered funds (mutual funds, ETFs, BDCs) and 2% 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 Templeton Private Portfolio Group?","answer":"Franklin Templeton Private Portfolio Group 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 28 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Franklin Templeton Private Portfolio Group get paid?","answer":"Franklin Templeton Private Portfolio Group is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees 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."}