Who Owns Royce Investment Partners?
Royce Investment Partners is owned by Franklin Templeton, Inc. (NYSE: BEN), a publicly traded global asset manager headquartered in San Mateo, California. Founded in 1972 by Charles Royce in New York, the firm is one of the pioneers of small-cap value investing and is best known for the Royce Funds mutual fund family. It joined Franklin Templeton through the July 2020 acquisition of Legg Mason, which had owned it since 2001.
Parent Company
Founded
1972
Status
Publicly Traded
Headquarters
Royce Investment Partners Timeline
United StatesOfficial Website
Who Owns Royce Investment Partners?
- Parent Company: Franklin Templeton, Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: BEN
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Royce Investment Partners | Franklin Templeton, Inc. | Wholly owned |
Advertisement
History of Royce Investment Partners
- Founded: 1972
- Founders: Charles M. Royce
Chuck Royce founded the firm in New York in 1972 to manage a small-cap mutual fund at a time when most managers ignored companies below the large-cap universe. The disciplined value approach, buying quality small companies at discounted prices, produced a decades-long track record that made Royce synonymous with the asset class.
The Royce Funds grew into a family of small-cap value, micro-cap, and international small-cap strategies distributed through advisors and institutions. Chuck Royce became a fixture of value investing circles, and the firm remained independent until Legg Mason's 2001 acquisition.
Under Franklin Templeton, the firm rebranded from Royce & Associates to Royce Investment Partners and continues running its flagship small-cap value strategies, with the founder's approach carried forward by a seasoned portfolio team.
Advertisement
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.
Advertisement
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 Royce Investment Partners Made / Based?
- Headquarters: New York, New York, USA
Royce Investment Partners Categories & Tags
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 FintechFranklin Templeton
Owned by Franklin Templeton, Inc.
The flagship investment brand of Franklin Templeton, Inc., covering mutual funds, ETFs, and managed solutions backed by $1.8 trillion in global AUM.
asset-managementmutual-fundsetf
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
Advertisement
Royce Investment Partners Ownership: Pros & Cons
Advantages
- +Five decades of small-cap specialization
- +Distinct retail brand in a category with few household names
- +Disciplined process with long-tenured portfolio managers
Considerations
- -Small-cap strategies fall out of favor during mega-cap-led markets
- -Founder transition risk as Chuck Royce reduces day-to-day role
- -Active small-cap faces competition from cheap factor ETFs
Frequently Asked Questions About Royce Investment Partners
Advertisement
Sources & Further Reading
Competitors to Royce Investment Partners
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 |
|---|---|---|---|---|---|---|
| Franklin Templeton | USA | 1937 | Mass market | United states | All Genders | |
| Equitable Holdings | USA | 1967 | Mass market | Global | All Genders | |
| Tiaa | USA | 1898 | Mass market | Global | All Genders | |
| Franklin Templeton | USA | 1962 | Mass market | Global | All Genders | |
| Franklin Templeton | USA | 1947 | Mass market | Global | All Genders | |
| Franklin Templeton | United Kingdom | 1881 | Mass market | Global | All Genders |
Learn More About Competitors
Finance FintechPutnam Investments
Owned by Franklin Templeton, Inc.
Boston asset manager founded in 1937, acquired by Franklin Templeton in January 2024, managing equity, fixed income, and retirement strategies.
asset-managementmutual-fundsretirement
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 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
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 FintechFranklin Templeton
Owned by Franklin Templeton, Inc.
The flagship investment brand of Franklin Templeton, Inc., covering mutual funds, ETFs, and managed solutions backed by $1.8 trillion in global AUM.
asset-managementmutual-fundsetf
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
Competitive Analysis
Market Positioning: Royce Investment Partners 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.
Advertisement
Independent Alternatives to Royce Investment Partners
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 Royce Investment Partners 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 Royce Investment Partners 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 Royce Investment Partners 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 Royce Investment Partners which is under a publicly traded parent company.
Finance FintechBybit
Owned by Bybit Fintech Limited
Dubai-based cryptocurrency exchange, the world's second-largest by trading volume, serving more than 80 million registered users.
crypto-exchangetradingbitcoin
Privately Owned
Bybit is privately owned, unlike Royce Investment Partners which is under a publicly traded parent company.
Finance FintechKalshi
Owned by Kalshi Inc.
CFTC-regulated prediction market exchange where users trade contracts on real-world events, valued near $40 billion in late 2026 funding talks.
prediction-marketevent-contractscftc-regulated
Privately Owned
Kalshi is privately owned, unlike Royce Investment Partners which is under a publicly traded parent company.
Franklin Templeton, Inc. Stock Information
Advertisement
Jobs at Franklin Templeton, Inc.
Latest News About Royce Investment Partners
Advertisement
Related Articles About Royce Investment Partners
View more articles
Consumer Education
How Brand Ownership Changes Through Each Funding Round
Founders keep 56% after seed, 36% after Series A, 23% after Series B. Discover how brand ownership changes through each funding round and what it means for who controls the brands you buy. Explore our database.
Who Brands StaffJul 29, 2026
Funding RoundsEquityDilution
Consumer Education
What Is Market Capitalisation and What Does It Mean for Brands
Apple is a $3 trillion mega-cap. Nike is a $100B large-cap. What does market cap mean for brands? Discover how company size shapes risk, return, and your investment strategy. Explore our database.
Who Brands StaffJun 27, 2026
Market CapInvestingLarge Cap
News & Updates
Monthly IPO Roundup: November 2026 -- October's Biggest Listings
October 2026 IPOs: Jio Platforms set India's all-time record at $3.2B and surged 27%, GCash owner Mynt raised a Philippine-record P60.9B, Anthropic filed publicly for a possible mid-November debut, and U.S. listings were a biotech grab bag. Full recap.
Who Brands StaffNov 6, 2026
Ipo RoundupIpoStock Market
People Also Searched
Discover popular brands and companies in the Finance & Fintech category and related searches from other users.
Brandbuy-now-pay-later
Afterpay
Block's buy-now-pay-later brand, offering interest-free installment payments across a global merchant network, acquired in 2022 for $29 billion.
Brand in Finance & Fintech
bnplfintech
Brandinvestment-technology
Aladdin
Comprehensive investment management technology platform developed by BlackRock, providing portfolio management, risk analytics, and trading solutions for institutional investors and asset managers.
Brand in Finance & Fintech
portfolio-managementrisk-analytics
Brandasset-management
AllianceBernstein
Global asset management brand majority owned by Equitable Holdings, managing roughly $850 billion in equities, fixed income, and alternatives from Nashville.
Brand in Finance & Fintech
investmentsmutual-funds