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Franklin Templeton

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Franklin Templeton is one of the largest asset managers globally. The company was founded in 1947 and is headquartered in San Mateo, California. With over $1.8 trillion in assets under management in public and private markets and $275 billion in alternatives managed by specialized asset managers such as Lexington Partners, Franklin Templeton is considered to be a global leader in asset management.

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Total Funds (On Fundscouter)

1

AUM

€1800B

Founded

1947

Company Information

Headquarters

San Mateo, United States

Geographic Focus

North America, Europe, Asia Pacific, Latin America, Middle East

Investment Focus Details

Public Equities, Fixed Income, Multi-Asset, Private Equity Secondaries, Private Credit, Real Estate, Infrastructure

About Franklin Templeton

Franklin Templeton: A Multi-Boutique Giant

Franklin Templeton is the global brand of Franklin Resources, Inc. (NYSE: BEN), an asset management holding company founded in New York in 1947 and named after Benjamin Franklin. Headquartered in San Mateo, California, it serves clients in more than 150 countries with preliminary assets under management of approximately $1.80 trillion as of 31 July 2026. Alongside its traditional equity, fixed income and multi-asset franchises it owns specialist managers including Lexington Partners, Benefit Street Partners, Clarion Partners and Western Asset Management — approximately $275 billion in alternative assets, about 16% of the total.

Key People

Wil Warren

Wil Warren

President, Lexington Partners

Key Milestones

1947

Founded in New York

Franklin Resources established, named after Benjamin Franklin

2020

Legg Mason Era Expands Boutiques

The multi-boutique model broadens with specialist affiliates such as Western Asset, ClearBridge, Brandywine, Martin Currie and Royce

2022

Lexington Partners Acquired

100% acquired on 1 April 2022 for $1.75 billion in cash

2024

FLEX Launches in the US

Franklin Lexington PE Secondaries strategy brought to the US wealth channel as a tender-offer fund

2025

FLEX-I International Launch

Luxembourg Part II UCI launched in March 2025; the global strategy passed $3.5 billion within its first year

Firm Figures

Total AUM

$1.80T

Preliminary, 31 July 2026

Alternatives

$275B

~16% of AUM, 31 January 2026

Client Reach

150+

Countries served

Founded

1947

San Mateo, California HQ

Listing

NYSE: BEN

Franklin Resources, Inc.

Lexington

$85B

Total capitalization, secondaries platform

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