{ "crd_number": 111361, "slug": "franklin-advisory-services-llc-san-mateo-fl-111361", "primary_business_name": "FRANKLIN ADVISORY SERVICES, LLC", "legal_name": "FRANKLIN ADVISORY SERVICES, LLC", "dbas": [], "city": "San Mateo", "state": "FL", "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": "1996-05-16", "years_registered": 30, "period": "2026-10-01", "filing_date": "2026-09-16", "carried_forward": false, "raum_total": 14072273998.0, "raum_discretionary": 14072273998.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 2, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 9213823226.0, "count": 30 }, "pooled_investment_vehicles": { "raum": 4858450772.0, "count": 36 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 3, "states_registered": [ "CA" ], "websites": [ "https://facebook.com/franklintempleton", "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://tiktok.com/@franklintempleton", "https://x.com/FTI_US", "https://x.com/fti_emerging", "https://youtube.com/user/franklintempletontv" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111361", "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-advisory-services-llc-san-mateo-fl-111361", "display_name": "Franklin Advisory Services, LLC", "summary": "Franklin Advisory Services, LLC is an SEC-registered investment advisory firm in San Mateo, FL, registered since 1996, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 16, 2026.", "citation": "AdvisorCensus. Franklin Advisory Services, LLC (CRD 111361): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Franklin Advisory Services, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Franklin Advisory Services, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Franklin Advisory Services, LLC located?", "a": "Franklin Advisory Services, LLC's principal office is in San Mateo, FL, according to its Form ADV." }, { "q": "Is Franklin Advisory Services, LLC registered with the SEC or a state?", "a": "Franklin Advisory Services, LLC is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 111361." }, { "q": "How much does Franklin Advisory Services, LLC manage?", "a": "Franklin Advisory Services, LLC reports $14,072,273,998 in regulatory assets under management in its Form ADV filing dated September 16, 2026 (100% discretionary)." }, { "q": "How have Franklin Advisory Services, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Franklin Advisory Services, LLC: Regulatory assets under management: $3,539,803,143 in the October 2021 data and $14,072,273,998 in the October 2026 data, up 298%. Total employees: 5 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Franklin Advisory Services, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (36); investment companies (30)." }, { "q": "Does Franklin Advisory Services, LLC 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/111361" }, { "q": "What changed in Franklin Advisory Services, LLC'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": 3539803143.0, "total_employees": 5, "filing_date": "2021-09-01" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4682291020.0, "total_employees": 4, "filing_date": "2021-12-24" }, { "period": "2023-10-01", "regulatory_assets_under_management": 4625492232.0, "total_employees": 4, "filing_date": "2023-08-10" }, { "period": "2024-10-01", "regulatory_assets_under_management": 7713757436.0, "total_employees": 3, "filing_date": "2023-12-22" }, { "period": "2025-10-01", "regulatory_assets_under_management": 9181743533.0, "total_employees": 2, "filing_date": "2025-06-10" }, { "period": "2026-10-01", "regulatory_assets_under_management": 14072273998.0, "total_employees": 2, "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": "2026-07-01", "period_label": "July 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Regulatory assets under management went from $9,181,743,533 to $14,072,273,998 (+53%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/franklin-advisory-services-llc-san-mateo-fl-111361.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 30, "fewer_than_5": false, "raum": 9213823226.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 36, "fewer_than_5": false, "raum": 4858450772.0 } ], "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/111361", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }