{
  "crd_number": 104517,
  "slug": "franklin-advisers-inc-san-mateo-ca-104517",
  "primary_business_name": "FRANKLIN ADVISERS, INC.",
  "legal_name": "FRANKLIN ADVISERS, INC.",
  "dbas": [
    "FRANKLIN TEMPLETON INVESTMENTS ADVISERS, INC"
  ],
  "city": "San Mateo",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1986-01-30",
  "years_registered": 40,
  "period": "2026-10-01",
  "filing_date": "2026-09-16",
  "carried_forward": false,
  "raum_total": 509453414941.0,
  "raum_discretionary": 506504461638.0,
  "raum_non_discretionary": 2948953303.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 384,
  "advisory_employees": 272,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 487095133.0,
      "count": 223,
      "description": "VARIOUS"
    },
    "charitable": {
      "raum": 465230099.0,
      "count": 139
    },
    "individuals": {
      "raum": 14808202778.0,
      "count": 22641
    },
    "banking_thrift": {
      "raum": 21033403.0,
      "count": 13
    },
    "state_municipal": {
      "raum": 70795574.0,
      "count": 6
    },
    "insurance_companies": {
      "raum": 5110334689.0,
      "count": 18
    },
    "investment_companies": {
      "raum": 368096530114.0,
      "count": 254
    },
    "pension_profit_sharing": {
      "raum": 6014679945.0,
      "count": 255
    },
    "other_investment_advisers": {
      "raum": 2919051700.0,
      "count": 83
    },
    "high_net_worth_individuals": {
      "raum": 3073826881.0,
      "count": 382
    },
    "pooled_investment_vehicles": {
      "raum": 98210493146.0,
      "count": 263
    },
    "corporations_other_businesses": {
      "raum": 1596473866.0,
      "count": 823
    },
    "sovereign_wealth_foreign_official": {
      "raum": 8579667613.0,
      "count": 20
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 3,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://alternativesbyft.com",
    "https://facebook.com/franklintempleton",
    "https://franklinglobaltrust.com",
    "https://franklinindices.com",
    "https://franklinresources.com",
    "https://franklintempleton.com",
    "https://franklintempletonglobal.com",
    "https://franklintempletonme.com",
    "https://franklintempletonoffshore.com",
    "https://franklintempletontalkingmarkets.libsyn.com",
    "https://ftinstitutional.com",
    "https://ftinstitutionalapac.com",
    "https://ftinstitutionalemea.com",
    "https://instagram.com/franklintempleton",
    "https://linkedin.com/company/franklin-templeton",
    "https://myfi.franklintempleton.com",
    "https://tiktok.com/@franklintempleton",
    "https://x.com/FTI_Emerging",
    "https://x.com/FTI_US",
    "https://youtube.com/user/franklintempletontv"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104517",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "SAN MATEO",
  "url": "https://advisorcensus.com/firm/franklin-advisers-inc-san-mateo-ca-104517",
  "display_name": "Franklin Advisers, Inc.",
  "summary": "Franklin Advisers, Inc. is an SEC-registered investment advisory firm in San Mateo, CA, registered since 1986, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 16, 2026.",
  "citation": "AdvisorCensus. Franklin Advisers, Inc. (CRD 104517): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Franklin Advisers, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Franklin Advisers, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Franklin Advisers, Inc. located?",
      "a": "Franklin Advisers, Inc.'s principal office is in San Mateo, CA, according to its Form ADV; the October 2026 filing also lists 6 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Franklin Advisers, Inc. registered with the SEC or a state?",
      "a": "Franklin Advisers, Inc. is an SEC-registered investment advisory firm, registered since 1986. Status as filed: Approved. CRD 104517."
    },
    {
      "q": "How much does Franklin Advisers, Inc. manage?",
      "a": "Franklin Advisers, Inc. reports $509,453,414,941 in regulatory assets under management in its Form ADV filing dated September 16, 2026 (99% discretionary)."
    },
    {
      "q": "How have Franklin Advisers, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Franklin Advisers, Inc.: Regulatory assets under management: $388,675,379,834 in the October 2021 data and $509,453,414,941 in the October 2026 data, up 31%. Total employees: 195 in October 2021 and 384 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Franklin Advisers, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (22,641); corporations or other businesses not listed above (823); high net worth individuals (382)."
    },
    {
      "q": "Which custodians does Franklin Advisers, Inc. use?",
      "a": "Franklin Advisers, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JPMorgan Chase & Co, The Bank of New York Mellon Corporation and UBS Group as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Franklin Advisers, Inc. report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/104517"
    },
    {
      "q": "What changed in Franklin Advisers, Inc.'s recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 388675379834.0,
      "total_employees": 195,
      "filing_date": "2021-07-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 411660129118.0,
      "total_employees": 280,
      "filing_date": "2022-09-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 320493365712.0,
      "total_employees": 283,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 339178103544.0,
      "total_employees": 302,
      "filing_date": "2024-09-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 467015634913.0,
      "total_employees": 408,
      "filing_date": "2025-06-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 509453414941.0,
      "total_employees": 384,
      "filing_date": "2026-09-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Employees performing advisory functions went from 254 to 272.",
        "Changed its office addresses in Boston, MA.",
        "Changed its office addresses in New York, NY.",
        "No longer lists an office in New Jersey, NJ.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "JPMorgan Chase & Co",
      "name_as_filed": "JPMORGAN CHASE & CO",
      "affiliated": false
    },
    {
      "name": "The Bank of New York Mellon Corporation",
      "name_as_filed": "THE BANK OF NEW YORK MELLON CORPORATION",
      "affiliated": false
    },
    {
      "name": "UBS Group",
      "name_as_filed": "UBS GROUP",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/franklin-advisers-inc-san-mateo-ca-104517.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 22641,
      "fewer_than_5": false,
      "raum": 14808202778.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 382,
      "fewer_than_5": false,
      "raum": 3073826881.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 13,
      "fewer_than_5": false,
      "raum": 21033403.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 254,
      "fewer_than_5": false,
      "raum": 368096530114.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 263,
      "fewer_than_5": false,
      "raum": 98210493146.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 255,
      "fewer_than_5": false,
      "raum": 6014679945.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 139,
      "fewer_than_5": false,
      "raum": 465230099.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 70795574.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 83,
      "fewer_than_5": false,
      "raum": 2919051700.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 18,
      "fewer_than_5": false,
      "raum": 5110334689.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 20,
      "fewer_than_5": false,
      "raum": 8579667613.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 823,
      "fewer_than_5": false,
      "raum": 1596473866.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 223,
      "fewer_than_5": false,
      "raum": 487095133.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104517",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}