Who Owns Franklin Templeton?
Franklin Templeton is the flagship investment brand of Franklin Templeton, Inc. (NYSE: BEN), a publicly traded global asset manager headquartered in San Mateo, California. The name descends from Franklin Distributors, founded in 1947, and the Templeton funds business acquired in 1992. The parent manages approximately $1.8 trillion, and CEO Jenny Johnson represents the founder's fourth generation of family leadership.
Parent Company
Founded
1947
Status
Publicly Traded
Headquarters
GlobalOfficial Website
Who Owns Franklin Templeton?
- Parent Company: Franklin Templeton, Inc.
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: BEN
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Franklin Templeton | Franklin Templeton, Inc. | Brand division |
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History of Franklin Templeton
- Founded: 1947
- Founders: Rupert H. Johnson Sr.
Rupert H. Johnson Sr. started Franklin Distributors in New York in 1947, taking Benjamin Franklin as the namesake for his new mutual fund business. The Franklin funds grew steadily, and the company moved to California and went public in the 1980s.
The 1992 acquisition of Templeton, Galbraith and Hansberger, Sir John Templeton's global value investing firm, created the combined Franklin Templeton identity used on funds worldwide. The 1996 purchase of Mutual Series added value equity capability, and the Franklin Templeton brand became one of the most recognized names in retail investing.
Under Jenny Johnson since 2020, the brand has been repositioned around a multi-boutique structure, with specialist managers running investments while Franklin Templeton serves as the umbrella identity and distribution engine. The 2026 legal name change completed the alignment between company and brand.
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About Franklin Templeton, Inc.
Is Franklin Resources the same as Franklin Templeton?
Yes. Franklin Resources, Inc. was the legal name until August 17, 2026, when it became Franklin Templeton, Inc. The NYSE ticker BEN is unchanged.
Is Franklin Templeton publicly traded?
Yes. It trades on the NYSE under ticker BEN.
Who is the CEO of Franklin Templeton?
Jenny Johnson, great-granddaughter of founder Rupert H. Johnson Sr., president and CEO since February 2020.
How much does Franklin Templeton manage?
Approximately $1.8 trillion as of September 30, 2026.
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Did Franklin Templeton buy Legg Mason?
Yes, in July 2020 for about $4.5 billion, adding Western Asset, ClearBridge, Brandywine Global, Martin Currie, Royce, and Clarion Partners.
Does the Johnson family still control Franklin Templeton?
The family holds a substantial ownership position and Jenny Johnson leads the company, but it is a public corporation with majority outside shareholders.
- Founded: 1947
- Headquarters: San Mateo, California, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: BEN
- Revenue: Approximately $7.2 billion adjusted operating revenue (FY2026, ended September 30, 2026)
- Employees: Approximately 10,000
Where Is Franklin Templeton Made / Based?
- Headquarters: San Mateo, California, USA
Franklin Templeton Categories & Tags
Franklin Templeton Recalls & Controversies
Western Asset scandal: Charges against former Western Asset co-CIO Ken Leech for a trade allocation scheme weighed on the brand through 2024 and 2025 despite the misconduct sitting inside a specialist affiliate.
India windup: The 2020 decision to wind up six Indian debt funds drew litigation and regulatory action, resolved through court-supervised repayments over following years.
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Brands Owned by Franklin Templeton, Inc.
Finance FintechBenefit Street Partners
Owned by Franklin Templeton, Inc.
New York private credit manager founded in 2008 by Tom Gahan, a specialist alternatives manager of Franklin Templeton focused on middle-market lending.
private-creditalternativesasset-management
Finance FintechBrandywine Global
Owned by Franklin Templeton, Inc.
Philadelphia global macro and fixed income value manager founded in 1986, operating as a specialist investment manager of Franklin Templeton.
asset-managementfixed-incomeglobal-macro
Finance FintechClarion Partners
Owned by Franklin Templeton, Inc.
New York commercial real estate investment manager founded in 1982, a specialist alternatives manager of Franklin Templeton.
real-estateasset-managementalternatives
Finance FintechClearBridge Investments
Owned by Franklin Templeton, Inc.
New York fundamental equity manager with roots to 1962, a specialist investment manager of Franklin Templeton focused on active US equity strategies.
asset-managementequityactive-management
Finance FintechLexington Partners
Owned by Franklin Templeton, Inc.
New York private equity secondaries pioneer founded in 1994, a specialist alternatives manager majority-owned by Franklin Templeton.
private-equitysecondariesalternatives
Finance FintechMartin Currie
Owned by Franklin Templeton, Inc.
Edinburgh-based equity manager founded in 1881, a specialist investment manager of Franklin Templeton running global, international, and emerging market strategies.
asset-managementequityemerging-markets
Franklin Templeton Ownership: Pros & Cons
Advantages
- +Nearly 80-year-old retail investing brand with global recognition
- +$1.8 trillion scale and distribution in 150-plus countries
- +Family leadership continuity across four generations
- +Specialist manager structure diversifies product risk
Considerations
- -Active management faces persistent passive fee pressure
- -Affiliate controversies reflect back on the master brand
- -Legacy mutual fund base shrinks as investors shift vehicles
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Frequently Asked Questions About Franklin Templeton
Sources & Further Reading
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Competitors to Franklin Templeton
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| State Street | USA | 1993 | Mass market | Global | All Genders | |
| Equitable Holdings | USA | 1967 | Mass market | Global | All Genders | |
| Charles Schwab | USA | 1971 | Mass market | United states | All Genders | |
| Goldman Sachs | USA | 1988 | Premium | Global | Unisex | |
| Blackrock | USA | 2000 | Premium | Global | All Genders | |
| Tiaa | USA | 1898 | Mass market | Global | All Genders |
Learn More About Competitors
Finance FintechSPDR ETFs
Owned by State Street Corporation
State Street's exchange-traded fund family anchored by SPY, the first US-listed ETF, with roughly $2.3 trillion in assets under management.
etfindex-fundsspy
Finance FintechAllianceBernstein
Owned by Equitable Holdings, Inc.
Global asset management brand majority owned by Equitable Holdings, managing roughly $850 billion in equities, fixed income, and alternatives from Nashville.
asset-managementinvestmentsmutual-funds
Finance FintechCharles Schwab
Owned by The Charles Schwab Corporation
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brokerageinvestingwealth-management
Finance FintechGoldman Sachs Asset Management
Owned by The Goldman Sachs Group, Inc.
Investment management division of Goldman Sachs overseeing $3.61 trillion in assets under supervision across public markets, alternatives, and wealth clients.
asset-managementinvestingalternatives
Finance FintechiShares
Owned by BlackRock Inc.
Exchange-traded fund brand owned by BlackRock, offering over 1,400 ETFs covering stocks, bonds, commodities, and ESG strategies with approximately $4 trillion in assets under management.
etfexchange-traded-fundsinvestment
Finance FintechNuveen
Owned by Teachers Insurance and Annuity Association of America
American asset management brand with about $1.4 trillion in assets under management, operating as the investment management arm of TIAA since 2014.
asset-managementinvestment-managementmutual-funds
Competitive Analysis
Market Positioning: Franklin Templeton competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Franklin Templeton
Looking for brands with different ownership structures? These similar brands are not owned by Franklin Templeton, Inc., giving you alternative choices that support different corporate structures.
Finance FintechNuveen
Owned by Teachers Insurance and Annuity Association of America
American asset management brand with about $1.4 trillion in assets under management, operating as the investment management arm of TIAA since 2014.
asset-managementinvestment-managementmutual-funds
Privately Owned
Nuveen is privately owned, unlike Franklin Templeton which is under a publicly traded parent company.
Finance FintechBarings
Owned by Massachusetts Mutual Life Insurance Company (MassMutual)
Global asset management firm headquartered in Charlotte, North Carolina, and subsidiary of MassMutual, managing investments across fixed income, real estate, and private markets.
asset-managementinvestmentsfixed-income
Privately Owned
Barings is privately owned, unlike Franklin Templeton which is under a publicly traded parent company.
Finance FintechCVC Capital Partners
Owned by CVC Capital Partners plc
Global private markets investment brand managing 205 billion euros across private equity, credit, secondaries, and infrastructure funds.
private-equityprivate-marketsasset-management
Privately Owned
CVC Capital Partners is privately owned, unlike Franklin Templeton which is under a publicly traded parent company.
Finance FintechTD Bank
Owned by TD Bank, N.A.
TD Bank is the U.S. retail banking brand of Toronto-Dominion Bank, operating about 1,100 East Coast branches as "America's Most Convenient Bank" under a federal asset cap since 2024.
bankingretail-bankfinancial-services
Privately Owned
TD Bank is privately owned, unlike Franklin Templeton which is under a publicly traded parent company.
Finance FintechTrading 212
Owned by Trading 212
UK-based commission-free trading platform offering stocks, ETFs, and crypto to over 4.5 million clients across Europe.
tradinginvestingfintech
Privately Owned
Trading 212 is privately owned, unlike Franklin Templeton which is under a publicly traded parent company.
Finance FintechBloomberg Terminal
Owned by Bloomberg L.P.
Industry-standard financial data and analytics platform used by approximately 325,000 subscribers at banks, hedge funds, and institutional investors worldwide.
financial-datamarket-dataanalytics
Privately Owned
Bloomberg Terminal is privately owned, unlike Franklin Templeton which is under a publicly traded parent company.
Franklin Templeton, Inc. Stock Information
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