Franklin Templeton Institutional, LLC is a large advisory firm based in New York. It manages $23.07 billion of regulatory assets for 135 client accounts. It has been registered with the SEC as an adviser since 2003.
Franklin Templeton Institutional provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Franklin Templeton Institutional, LLC is $23.07 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1727% since the beginning of its operation, and $7.35 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Franklin Templeton Institutional, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Peter D Jones is investment companies with 8 clients and $7.74 billion of assets under management. Among the 11 most similar advisory firms, Franklin Templeton Institutional has the 5th highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $21.4 billion for 117 clients. 58% of the firm’s clients are foreign persons or businesses.
Franklin Templeton Institutional also advises several private funds. Namely, nine real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.
The company employs 232 people that are either part- or full-time employees. 16 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Peter D Jones has been acting as President since 1 May 2012. Thomas John Fisher joined the executive team most recently as the President.
The principal office where Franklin Templeton Institutional, LLC performs its advisory services is located at 280 Park Avenue, New York, NY 10017, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (212) 632-3000 or by fax (212) 632-3019. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at ftinstitutional.com/.