{ "crd_number": 117384, "slug": "franklin-templeton-institutional-llc-new-york-ny-117384", "primary_business_name": "FRANKLIN TEMPLETON INSTITUTIONAL, LLC", "legal_name": "FRANKLIN TEMPLETON INSTITUTIONAL, LLC", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2001-11-13", "years_registered": 24, "period": "2026-10-01", "filing_date": "2026-09-16", "carried_forward": false, "raum_total": 29592514998.0, "raum_discretionary": 29462084159.0, "raum_non_discretionary": 130430839.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 127, "advisory_employees": 26, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 308995.0, "count": null, "description": "VARIOUS", "fewer_than_5": true }, "charitable": { "raum": 151115848.0, "count": 5 }, "state_municipal": { "raum": 697009355.0, "count": null, "fewer_than_5": true }, "insurance_companies": { "raum": 2143413645.0, "count": 5 }, "investment_companies": { "raum": 11516799968.0, "count": 34 }, "pension_profit_sharing": { "raum": 5881797717.0, "count": 15 }, "high_net_worth_individuals": { "raum": 86519408.0, "count": 9 }, "pooled_investment_vehicles": { "raum": 6584785899.0, "count": 39 }, "corporations_other_businesses": { "raum": 10500634.0, "count": null, "fewer_than_5": true }, "sovereign_wealth_foreign_official": { "raum": 2520263529.0, "count": 6 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "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://x.com/FTI_US", "https://x.com/fti_emerging", "https://youtube.com/user/franklintempletontv" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/117384", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/franklin-templeton-institutional-llc-new-york-ny-117384", "display_name": "Franklin Templeton Institutional, LLC", "summary": "Franklin Templeton Institutional, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 16, 2026.", "citation": "AdvisorCensus. Franklin Templeton Institutional, LLC (CRD 117384): 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", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Franklin Templeton Institutional, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Franklin Templeton Institutional, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Franklin Templeton Institutional, LLC located?", "a": "Franklin Templeton Institutional, LLC's principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 4 other offices (Schedule D, Section 1.F)." }, { "q": "Is Franklin Templeton Institutional, LLC registered with the SEC or a state?", "a": "Franklin Templeton Institutional, LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 117384." }, { "q": "How much does Franklin Templeton Institutional, LLC manage?", "a": "Franklin Templeton Institutional, LLC reports $29,592,514,998 in regulatory assets under management in its Form ADV filing dated September 16, 2026 (100% discretionary)." }, { "q": "How have Franklin Templeton Institutional, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Franklin Templeton Institutional, LLC: Regulatory assets under management: $16,535,821,900 in the October 2021 data and $29,592,514,998 in the October 2026 data, up 79%. Total employees: 186 in October 2021 and 127 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Franklin Templeton Institutional, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (39); investment companies (34); pension and profit sharing plans (but not the plan participants or government pension plans) (15)." }, { "q": "Which custodians does Franklin Templeton Institutional, LLC use?", "a": "Franklin Templeton Institutional, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust Corporation, State Street Bank and Trust Company and The Bank of New York Mellon Corporation as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Franklin Templeton Institutional, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/117384" }, { "q": "What changed in Franklin Templeton Institutional, 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": 16535821900.0, "total_employees": 186, "filing_date": "2021-07-22" }, { "period": "2022-10-01", "regulatory_assets_under_management": 18665790106.0, "total_employees": 28, "filing_date": "2022-09-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 21657575462.0, "total_employees": 170, "filing_date": "2023-06-22" }, { "period": "2024-10-01", "regulatory_assets_under_management": 24884957937.0, "total_employees": 152, "filing_date": "2024-07-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 28932461773.0, "total_employees": 144, "filing_date": "2025-07-18" }, { "period": "2026-10-01", "regulatory_assets_under_management": 29592514998.0, "total_employees": 127, "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": "2026-01-01", "period_label": "January 2026", "notes": [ "Employees performing advisory functions went from 28 to 26.", "Changed its office addresses in New York, NY.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Northern Trust Corporation", "name_as_filed": "NORTHERN TRUST CORPORATION", "affiliated": false }, { "name": "State Street Bank and Trust Company", "name_as_filed": "STATE STREET BANK AND TRUST COMPANY", "affiliated": false }, { "name": "The Bank of New York Mellon Corporation", "name_as_filed": "THE BANK OF NEW YORK MELLON CORPORATION", "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-templeton-institutional-llc-new-york-ny-117384.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 9, "fewer_than_5": false, "raum": 86519408.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 34, "fewer_than_5": false, "raum": 11516799968.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 39, "fewer_than_5": false, "raum": 6584785899.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 15, "fewer_than_5": false, "raum": 5881797717.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 5, "fewer_than_5": false, "raum": 151115848.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": null, "fewer_than_5": true, "raum": 697009355.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 5, "fewer_than_5": false, "raum": 2143413645.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 6, "fewer_than_5": false, "raum": 2520263529.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": null, "fewer_than_5": true, "raum": 10500634.0 }, { "type": "other", "label": "Other", "count": null, "fewer_than_5": true, "raum": 308995.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "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/117384", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }