Franklin Advisory Services, LLC is a large advisory firm based in San Mateo. It manages $5.95 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.
Franklin Advisory Services provides portfolio management for investment companies and portfolio management for pooled investment vehicles. 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 Advisory Services, LLC is $5.95 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 208% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Franklin Advisory Services, 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 only and largest group of clients of William Jennings Lippman is investment companies with 4 clients and $5.3 billion of assets under management. Among the 10 most similar advisory firms, Franklin Advisory Services has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $5.3 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.
Franklin Advisory Services doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 100 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.
William Jennings Lippman has been acting as President since 1 Apr 1999. Donald Gregory Taylor joined the executive team most recently as the President And Chief Investment Officer.
The principal office where Franklin Advisory Services, LLC performs its advisory services is located at One Franklin Parkway, San Mateo, CA 94403, 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 973-912-2000 or by fax 973-921-8655. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at franklintempleton.com/.