Franklin Resources INC: management transactions · United States · SEC (Form 4)

About Franklin Resources INC

Franklin Resources, Inc. (NYSE: BEN), better known through its Franklin Templeton brand, is a U.S.-based global asset management and wealth management company headquartered in San Mateo, California, United States. The company traces its roots back to 1947 and was incorporated in Delaware in 1969. It originally grew from the Franklin family of funds, built around fixed income and growth/value-oriented equity strategies, and later expanded through a long series of acquisitions to broaden its product set and global reach. ([s201.q4cdn.com](https://s201.q4cdn.com/562074409/files/doc_financials/2025/ar/Franklin-Resources-2025-Annual-Report.pdf)) Today, Franklin Templeton operates as a diversified investment platform with more than 1,500 investment professionals and offices in major financial centers around the world. Its offering spans equities, fixed income, multi-asset solutions, wealth management, and a growing alternatives franchise that includes private credit, real estate debt, real estate equity, hedge fund strategies, secondary private equity, co-investments, and pre-IPO venture investments. This broad product architecture is one of the company’s main competitive strengths, because scale, specialist expertise, and distribution reach are critical in global asset management. ([franklinresources.com](https://www.franklinresources.com/)) From a competitive standpoint, Franklin Templeton positions itself as a specialist-led global manager that combines deep domain expertise with a broad platform. The firm says it serves clients in more than 150 countries and emphasizes investment management expertise, wealth management, and technology-enabled solutions. Its multi-boutique structure and continued expansion into private markets give it exposure beyond traditional mutual fund and institutional management, helping diversify revenues and investment capabilities. ([investors.franklinresources.com](https://investors.franklinresources.com/news-center/press-releases/press-release-details/2025/Franklin-Templeton-Continues-Expansion-of-Alternatives-Platform-with-Agreement-to-Acquire-Apera/)) Recent strategic developments highlight the ongoing shift toward alternatives and private markets. In June 2025, Franklin Templeton announced an agreement to acquire a majority interest in Apera Asset Management, a pan-European private credit manager, to strengthen its European direct-lending capabilities and enlarge its alternatives platform. Management said the deal would add meaningful scale to its alternative credit franchise and deepen its presence in the European lower middle market. More recently, in its April 28, 2026 second-quarter results, the company reported another strong quarter, including $17 billion of long-term net inflows, improved public-market sales, and record AUM in ETFs and Canvas, while also stressing disciplined cost management and continued investment in growth areas. ([investors.franklinresources.com](https://investors.franklinresources.com/news-center/press-releases/press-release-details/2025/Franklin-Templeton-Continues-Expansion-of-Alternatives-Platform-with-Agreement-to-Acquire-Apera/)) For investors, BEN is a large U.S. listed asset manager on the NYSE, with earnings sensitivity to market levels, client flows, and investment performance, but with an increasingly diversified mix that includes higher-growth alternatives and private-market strategies.