FRANKLIN TEMPLETON INC

Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization with over $1.6 trillion in assets under management as of September 30, 2025. The company operates through a single investment management and related services segment, delivering investment capabilities to retail, institutional, and high-net-worth investors across multiple jurisdictions worldwide.

Franklin Resources conducts its business through numerous specialist investment managers operating under distinct brand names including Franklin, Templeton, Putnam, Legg Mason, ClearBridge Investments, Western Asset Management, Brandywine Global, Clarion Partners, Fiduciary Trust International, Benefit Street Partners, Lexington Partners, Royce Investment Partners, and O'Shaughnessy Asset Management. The company's website is franklintempleton.com.

The company offers a comprehensive product mix across five primary asset classes: equity, fixed income, alternatives, multi-asset, and cash management. As of September 30, 2025, equity represented 41 percent of AUM, fixed income 26 percent, alternatives 16 percent, multi-asset 12 percent, and cash management 5 percent. Products are distributed through U.S. mutual funds, non-U.S. funds, institutional separate accounts, retail separately managed accounts, and other investment vehicles including exchange-traded funds and private funds.

Franklin Resources generates revenues primarily through investment management fees based on a percentage of assets under management, supplemented by sales and distribution fees, and shareholder servicing fees. The company maintains a global distribution network serving clients through direct relationships and financial intermediaries including broker-dealers, banks, and investment advisers.

The company's history spans over 75 years, with significant growth through strategic acquisitions including Templeton in 1992, Franklin Mutual Series in 1996, Fiduciary Trust International in 2001, Legg Mason in 2020, Lexington Partners in 2022, Putnam in January 2024, and Apera in October 2025. Franklin Resources operates as a well-known seasoned issuer and accelerated filer, subject to extensive U.S. and international regulation governing investment management, securities, compliance, and corporate governance.