Franklin Templeton Company Overview
What is the Stock Ticker for Franklin Templeton?
The stock ticker for Franklin Templeton is BEN.
Where is the Franklin Templeton headquarters?
Franklin Templeton's headquarters is located in San Mateo, California, United States.
What Does Franklin Templeton Do?
Franklin Templeton is an investment management company that offers a range of investment products and services to individuals, institutions, and financial advisors. They specialize in mutual funds, exchange-traded funds (ETFs), retirement planning, and wealth management. The company has a global presence and manages assets for clients in over 170 countries.
How Does Franklin Templeton Make Money?
Franklin Templeton is a global investment management company that makes money primarily through fees charged to clients for managing their investments. The company offers a range of investment products, including mutual funds, exchange-traded funds (ETFs), and separately managed accounts.
When clients invest in Franklin Templeton's products, they pay fees that are based on the assets under management (AUM). These fees typically range from 0.25% to 2% of AUM, depending on the type of product and the amount invested. For example, a client who invests $100,000 in a mutual fund with a 1% expense ratio would pay $1,000 in fees per year.
In addition to management fees, Franklin Templeton may also earn revenue from other sources, such as performance fees, which are based on the investment returns generated by a particular product. The company may also earn revenue from securities lending, which involves lending out securities from its funds to other investors in exchange for a fee.
Franklin Templeton may also earn revenue from distribution fees, which are paid by third-party distributors who sell the company's products to investors. These fees are typically a percentage of the assets sold and may vary depending on the distribution channel and the type of product.
Overall, Franklin Templeton makes money by providing investment management services to clients and earning fees based on the assets under management. The company's revenue streams may vary depending on the type of product and the distribution channel, but the core business model remains focused on managing investments for clients and earning fees for doing so.
Who Founded Franklin Templeton?
The founders of Franklin Templeton are Rupert H. Johnson Sr. and Charles B. Johnson.
What is the History of Franklin Templeton?
Franklin Templeton is a global investment management company that was founded in 1947 by Rupert H. Johnson Sr. in New York City. The company was initially named Franklin Distributors, Inc. and focused on distributing mutual funds to individual investors.
In the 1950s, the company expanded its offerings to include institutional investors and began managing its own mutual funds. In 1969, the company changed its name to Franklin Resources, Inc. and went public on the New York Stock Exchange.
Throughout the 1970s and 1980s, Franklin Resources continued to grow and expand its offerings, including launching its first international fund in 1979. In 1992, the company acquired Templeton, Galbraith & Hansberger Ltd., a global investment management firm, and changed its name to Franklin Templeton Investments.
Since then, Franklin Templeton has continued to expand its global presence and offerings, with offices in over 30 countries and a wide range of investment products, including mutual funds, exchange-traded funds (ETFs), and separately managed accounts. Today, the company manages over $1.5 trillion in assets under management.
What Industry is Franklin Templeton In?
Franklin Templeton is in the investment management industry.
What Are Franklin Templeton's Competitive Advantages?
1. Global Presence: Franklin Templeton has a strong global presence with operations in over 30 countries. This allows the company to tap into diverse markets and offer a wide range of investment products to clients worldwide.
2. Investment Expertise: The company has a team of experienced investment professionals who have a deep understanding of the markets and can identify investment opportunities across different asset classes.
3. Diversified Product Portfolio: Franklin Templeton offers a diversified range of investment products, including mutual funds, exchange-traded funds (ETFs), and separately managed accounts. This allows clients to choose from a variety of investment options that suit their risk appetite and investment goals.
4. Strong Brand Reputation: Franklin Templeton has a strong brand reputation built over several decades of providing quality investment products and services to clients. This has helped the company attract and retain clients, even during market downturns.
5. Technology and Innovation: The company has invested heavily in technology and innovation to enhance its investment processes and improve client experience. This includes the use of artificial intelligence and machine learning to analyze market data and identify investment opportunities.
What Are Franklin Templeton's Competitive Threats?
Some competitive threats to Franklin Templeton include:
1. Increasing competition from other asset management firms: There are many other asset management firms that offer similar investment products and services as Franklin Templeton. This can lead to increased competition for clients and assets under management.
2. Market volatility: The financial markets can be unpredictable and volatile, which can impact the performance of Franklin Templeton's investment products and services. This can lead to a loss of clients and assets under management.
3. Regulatory changes: Changes in regulations can impact the way that Franklin Templeton operates and the products and services it offers. This can lead to increased costs and decreased profitability.
4. Technological disruption: The asset management industry is being disrupted by new technologies such as robo-advisors and artificial intelligence. This can lead to increased competition and a need for Franklin Templeton to adapt to new technologies.
5. Economic downturns: Economic downturns can impact the performance of Franklin Templeton's investment products and services, as well as the overall demand for these products and services. This can lead to a loss of clients and assets under management.
Who Are Some of the Competitors of Franklin Templeton?
Some of the competitors of Franklin Templeton include BlackRock, Vanguard, Fidelity Investments, T. Rowe Price, and State Street Global Advisors.
What Are Some of Franklin Templeton's Products and Services?
Some notable products or services from Franklin Templeton include mutual funds, exchange-traded funds (ETFs), retirement planning services, and investment management services for institutional clients. They also offer a range of investment strategies, including equity, fixed income, multi-asset, and alternative investments.
Has Franklin Templeton Acquired any Companies?
Yes, Franklin Templeton has made several notable acquisitions over the years. Some of the most significant ones include the acquisition of Legg Mason in 2020, the acquisition of Bissett Investment Management in 2012, and the acquisition of Fiduciary Trust Company International in 2001.
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