Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 4.74
BEN's Cash to Debt is ranked lower than
71% of the 1162 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. BEN: 4.74 )
Ranked among companies with meaningful Cash to Debt only.
BEN' s 10-Year Cash to Debt Range
Min: 0.38  Med: 3.44 Max: 71.15
Current: 4.74
0.38
71.15
Equity to Asset 0.72
BEN's Equity to Asset is ranked lower than
62% of the 1222 Companies
in the Global Asset Management industry.

( Industry Median: 0.86 vs. BEN: 0.72 )
Ranked among companies with meaningful Equity to Asset only.
BEN' s 10-Year Equity to Asset Range
Min: 0.52  Med: 0.66 Max: 0.81
Current: 0.72
0.52
0.81
Interest Coverage 67.96
BEN's Interest Coverage is ranked lower than
67% of the 1092 Companies
in the Global Asset Management industry.

( Industry Median: 10000.00 vs. BEN: 67.96 )
Ranked among companies with meaningful Interest Coverage only.
BEN' s 10-Year Interest Coverage Range
Min: 23.35  Med: 48.50 Max: 318.91
Current: 67.96
23.35
318.91
F-Score: 6
Z-Score: 7.09
M-Score: -2.84
WACC vs ROIC
14.59%
93.84%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 37.82
BEN's Operating margin (%) is ranked lower than
56% of the 1315 Companies
in the Global Asset Management industry.

( Industry Median: 49.75 vs. BEN: 37.82 )
Ranked among companies with meaningful Operating margin (%) only.
BEN' s 10-Year Operating margin (%) Range
Min: 21.74  Med: 29.27 Max: 37.93
Current: 37.82
21.74
37.93
Net-margin (%) 28.62
BEN's Net-margin (%) is ranked lower than
58% of the 1319 Companies
in the Global Asset Management industry.

( Industry Median: 45.87 vs. BEN: 28.62 )
Ranked among companies with meaningful Net-margin (%) only.
BEN' s 10-Year Net-margin (%) Range
Min: 17.15  Med: 22.70 Max: 28.57
Current: 28.62
17.15
28.57
ROE (%) 20.94
BEN's ROE (%) is ranked higher than
88% of the 1353 Companies
in the Global Asset Management industry.

( Industry Median: 6.00 vs. BEN: 20.94 )
Ranked among companies with meaningful ROE (%) only.
BEN' s 10-Year ROE (%) Range
Min: 10.5  Med: 20.50 Max: 26.67
Current: 20.94
10.5
26.67
ROA (%) 14.59
BEN's ROA (%) is ranked higher than
88% of the 1375 Companies
in the Global Asset Management industry.

( Industry Median: 3.69 vs. BEN: 14.59 )
Ranked among companies with meaningful ROA (%) only.
BEN' s 10-Year ROA (%) Range
Min: 6.82  Med: 13.78 Max: 18.25
Current: 14.59
6.82
18.25
ROC (Joel Greenblatt) (%) 653.83
BEN's ROC (Joel Greenblatt) (%) is ranked higher than
76% of the 865 Companies
in the Global Asset Management industry.

( Industry Median: 49.88 vs. BEN: 653.83 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
BEN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 144.99  Med: 336.05 Max: 631.53
Current: 653.83
144.99
631.53
Revenue Growth (3Y)(%) 8.20
BEN's Revenue Growth (3Y)(%) is ranked higher than
57% of the 731 Companies
in the Global Asset Management industry.

( Industry Median: 4.70 vs. BEN: 8.20 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
BEN' s 10-Year Revenue Growth (3Y)(%) Range
Min: -9.4  Med: 8.30 Max: 27
Current: 8.2
-9.4
27
EBITDA Growth (3Y)(%) 9.20
BEN's EBITDA Growth (3Y)(%) is ranked higher than
57% of the 615 Companies
in the Global Asset Management industry.

( Industry Median: 3.90 vs. BEN: 9.20 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
BEN' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: 8.90 Max: 31.5
Current: 9.2
0
31.5
EPS Growth (3Y)(%) 9.50
BEN's EPS Growth (3Y)(%) is ranked higher than
53% of the 575 Companies
in the Global Asset Management industry.

( Industry Median: 7.50 vs. BEN: 9.50 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
BEN' s 10-Year EPS Growth (3Y)(%) Range
Min: -12.3  Med: 10.10 Max: 37
Current: 9.5
-12.3
37
» BEN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

BEN Guru Trades in Q2 2014

Robert Olstein 192,000 sh (+8.47%)
Bill Nygren 5,430,000 sh (+7.74%)
Diamond Hill Capital 3,359,765 sh (+5.78%)
Chuck Royce 393,700 sh (+3.58%)
John Rogers 1,743,346 sh (+3.19%)
Jeff Auxier 162,581 sh (+1.19%)
Ken Fisher 22,167 sh (+0.46%)
Richard Pzena 3,150,471 sh (+0.37%)
Mario Gabelli 5,100 sh (unchged)
Wintergreen Fund 1,835,346 sh (unchged)
Chris Davis 4,000 sh (unchged)
Paul Tudor Jones Sold Out
Ray Dalio Sold Out
David Winters 2,301,202 sh (-0.56%)
Pioneer Investments 1,019,610 sh (-1.77%)
Murray Stahl 13,554 sh (-9.53%)
Jeremy Grantham 84,680 sh (-40.48%)
» More
Q3 2014

BEN Guru Trades in Q3 2014

Paul Tudor Jones 12,322 sh (New)
Jim Simons 58,000 sh (New)
Joel Greenblatt 50,147 sh (New)
Mason Hawkins 2,020,049 sh (New)
Chris Davis 7,000 sh (+75.00%)
Jeremy Grantham 119,000 sh (+40.53%)
Murray Stahl 15,072 sh (+11.20%)
Chuck Royce 425,200 sh (+8.00%)
John Rogers 1,858,974 sh (+6.63%)
David Winters 2,379,770 sh (+3.41%)
Diamond Hill Capital 3,410,055 sh (+1.50%)
Ken Fisher 22,491 sh (+1.46%)
Bill Nygren 5,430,000 sh (unchged)
Wintergreen Fund 1,835,346 sh (unchged)
Robert Olstein 192,000 sh (unchged)
Pioneer Investments 1,014,594 sh (unchged)
Jeff Auxier 162,481 sh (-0.06%)
Mario Gabelli 4,700 sh (-7.84%)
Richard Pzena 2,657,604 sh (-15.64%)
» More
Q4 2014

BEN Guru Trades in Q4 2014

David Dreman 4,511 sh (New)
RS Investment Management 1,076,800 sh (New)
Scott Black 161,205 sh (New)
Jim Simons 357,300 sh (+516.03%)
Mason Hawkins 8,755,386 sh (+333.42%)
Joel Greenblatt 107,368 sh (+114.11%)
Chuck Royce 510,800 sh (+20.13%)
Richard Pzena 3,057,445 sh (+15.05%)
Diamond Hill Capital 3,733,117 sh (+9.47%)
Robert Olstein 201,000 sh (+4.69%)
Murray Stahl 15,307 sh (+1.56%)
Chris Davis 7,000 sh (unchged)
David Winters 2,379,770 sh (unchged)
Bill Nygren 5,430,000 sh (unchged)
Wintergreen Fund 1,835,346 sh (unchged)
Paul Tudor Jones Sold Out
Mario Gabelli Sold Out
Jeff Auxier 162,406 sh (-0.05%)
Pioneer Investments 1,013,615 sh (-0.10%)
John Rogers 1,850,175 sh (-0.47%)
Ken Fisher 21,315 sh (-5.23%)
Jeremy Grantham 102,600 sh (-13.78%)
» More
Q1 2015

BEN Guru Trades in Q1 2015

Lee Ainslie 4,850 sh (New)
David Dreman 10,139 sh (+124.76%)
Richard Pzena 4,841,999 sh (+58.37%)
Joel Greenblatt 161,481 sh (+50.40%)
Robert Olstein 230,000 sh (+14.43%)
Scott Black 170,755 sh (+5.92%)
Murray Stahl 16,138 sh (+5.43%)
Jeremy Grantham 108,100 sh (+5.36%)
John Rogers 1,936,408 sh (+4.66%)
Diamond Hill Capital 3,900,197 sh (+4.48%)
Pioneer Investments 1,016,948 sh (+0.33%)
Ken Fisher 21,315 sh (unchged)
Bill Nygren 5,430,000 sh (unchged)
Chris Davis 7,000 sh (unchged)
Mason Hawkins 8,479,393 sh (-3.15%)
RS Investment Management 1,028,600 sh (-4.48%)
Jim Simons 332,800 sh (-6.86%)
David Winters 1,993,067 sh (-16.25%)
Wintergreen Fund 1,448,643 sh (-21.07%)
Chuck Royce 335,000 sh (-34.42%)
Jeff Auxier 82,405 sh (-49.26%)
» More
» Details

Insider Trades

Latest Guru Trades with BEN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Franklin Resources Inc

Bill Nygren Comments on Franklin Resources - Apr 14, 2014

We established a position in Franklin Resources (BEN), one of the world’s largest global mutual fund companies, with leading products in both equities and fixed income. For starters, we believe asset management is an attractive business and Franklin has a history of strong fund performance across various asset classes and geographies. The company is selling for less than 14x our estimate of this year’s EPS and just over 11x adjusting for net cash and securities. In our view, this is a cheap price for a well-run company in such an attractive industry. Management has historically returned capital to shareholders through stock buybacks and dividends, and with insiders owning 35% of outstanding shares, we expect Franklin to continue to be good stewards of shareholders’ capital.

From Bill Nygren (Trades, Portfolio)'s Oakmark Select Fund first quarter 2014 investor letter.

Check out Bill Nygren latest stock trades

Diamond Hill Capital Comments on Franklin Resources - Mar 07, 2014

Asset management company Franklin Resources, Inc. (BEN) is a new position that was added late in the quarter and as a result, did not contribute to performance.

From Diamond Hill Capital (Trades, Portfolio)'s Select Fund Commentary for fourth quarter 2013.

Check out Diamond Hill Capital latest stock trades

Diamond Hill Capital Comments on Franklin Resources - Mar 05, 2014

Additionally, Franklin Resources, Inc. (BEN) is a large global asset manager with a long history of shareholder-friendly capital allocation, diversified assets under management, great brands, a strong and growing international footprint, and a solid balance sheet.



From Diamond Hill Capital (Trades, Portfolio)'s Fourth Quarter 2013 Commentary.

Check out Diamond Hill Capital latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 12.78
BEN's P/E(ttm) is ranked higher than
52% of the 993 Companies
in the Global Asset Management industry.

( Industry Median: 13.80 vs. BEN: 12.78 )
Ranked among companies with meaningful P/E(ttm) only.
BEN' s 10-Year P/E(ttm) Range
Min: 7.83  Med: 16.05 Max: 29.2
Current: 12.78
7.83
29.2
Forward P/E 13.00
BEN's Forward P/E is ranked higher than
50% of the 220 Companies
in the Global Asset Management industry.

( Industry Median: 12.99 vs. BEN: 13.00 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 13.20
BEN's PE(NRI) is ranked higher than
52% of the 973 Companies
in the Global Asset Management industry.

( Industry Median: 13.70 vs. BEN: 13.20 )
Ranked among companies with meaningful PE(NRI) only.
BEN' s 10-Year PE(NRI) Range
Min: 7.82  Med: 16.04 Max: 29.18
Current: 13.2
7.82
29.18
P/B 2.56
BEN's P/B is ranked lower than
85% of the 1335 Companies
in the Global Asset Management industry.

( Industry Median: 0.96 vs. BEN: 2.56 )
Ranked among companies with meaningful P/B only.
BEN' s 10-Year P/B Range
Min: 1.27  Med: 3.20 Max: 4.92
Current: 2.56
1.27
4.92
P/S 3.63
BEN's P/S is ranked higher than
73% of the 1256 Companies
in the Global Asset Management industry.

( Industry Median: 7.59 vs. BEN: 3.63 )
Ranked among companies with meaningful P/S only.
BEN' s 10-Year P/S Range
Min: 1.92  Med: 4.20 Max: 6.3
Current: 3.63
1.92
6.3
PFCF 11.81
BEN's PFCF is ranked higher than
57% of the 253 Companies
in the Global Asset Management industry.

( Industry Median: 13.36 vs. BEN: 11.81 )
Ranked among companies with meaningful PFCF only.
BEN' s 10-Year PFCF Range
Min: 8.16  Med: 18.70 Max: 49.25
Current: 11.81
8.16
49.25
POCF 11.59
BEN's POCF is ranked higher than
61% of the 727 Companies
in the Global Asset Management industry.

( Industry Median: 17.05 vs. BEN: 11.59 )
Ranked among companies with meaningful POCF only.
BEN' s 10-Year POCF Range
Min: 7.72  Med: 17.87 Max: 45.03
Current: 11.59
7.72
45.03
EV-to-EBIT 6.47
BEN's EV-to-EBIT is ranked higher than
79% of the 956 Companies
in the Global Asset Management industry.

( Industry Median: 14.35 vs. BEN: 6.47 )
Ranked among companies with meaningful EV-to-EBIT only.
BEN' s 10-Year EV-to-EBIT Range
Min: 3.6  Med: 9.70 Max: 18
Current: 6.47
3.6
18
PEG 0.69
BEN's PEG is ranked higher than
65% of the 163 Companies
in the Global Asset Management industry.

( Industry Median: 1.08 vs. BEN: 0.69 )
Ranked among companies with meaningful PEG only.
BEN' s 10-Year PEG Range
Min: 0.29  Med: 1.21 Max: 14.09
Current: 0.69
0.29
14.09
Shiller P/E 15.79
BEN's Shiller P/E is ranked lower than
58% of the 631 Companies
in the Global Asset Management industry.

( Industry Median: 14.13 vs. BEN: 15.79 )
Ranked among companies with meaningful Shiller P/E only.
BEN' s 10-Year Shiller P/E Range
Min: 8  Med: 20.12 Max: 39.43
Current: 15.79
8
39.43
Current Ratio 12.17
BEN's Current Ratio is ranked higher than
71% of the 868 Companies
in the Global Asset Management industry.

( Industry Median: 3.85 vs. BEN: 12.17 )
Ranked among companies with meaningful Current Ratio only.
BEN' s 10-Year Current Ratio Range
Min: 1.61  Med: 4.23 Max: 12.17
Current: 12.17
1.61
12.17
Quick Ratio 12.17
BEN's Quick Ratio is ranked higher than
71% of the 868 Companies
in the Global Asset Management industry.

( Industry Median: 3.84 vs. BEN: 12.17 )
Ranked among companies with meaningful Quick Ratio only.
BEN' s 10-Year Quick Ratio Range
Min: 1.61  Med: 4.23 Max: 12.17
Current: 12.17
1.61
12.17
Days Sales Outstanding 40.13
BEN's Days Sales Outstanding is ranked lower than
52% of the 924 Companies
in the Global Asset Management industry.

( Industry Median: 36.90 vs. BEN: 40.13 )
Ranked among companies with meaningful Days Sales Outstanding only.
BEN' s 10-Year Days Sales Outstanding Range
Min: 39.49  Med: 46.51 Max: 173.94
Current: 40.13
39.49
173.94

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.17
BEN's Dividend Yield is ranked lower than
89% of the 1416 Companies
in the Global Asset Management industry.

( Industry Median: 3.64 vs. BEN: 1.17 )
Ranked among companies with meaningful Dividend Yield only.
BEN' s 10-Year Dividend Yield Range
Min: 0.4  Med: 0.77 Max: 2.13
Current: 1.17
0.4
2.13
Dividend Payout 0.14
BEN's Dividend Payout is ranked higher than
86% of the 868 Companies
in the Global Asset Management industry.

( Industry Median: 0.48 vs. BEN: 0.14 )
Ranked among companies with meaningful Dividend Payout only.
BEN' s 10-Year Dividend Payout Range
Min: 0.02  Med: 0.12 Max: 0.45
Current: 0.14
0.02
0.45
Dividend growth (3y) 13.00
BEN's Dividend growth (3y) is ranked higher than
70% of the 498 Companies
in the Global Asset Management industry.

( Industry Median: 4.90 vs. BEN: 13.00 )
Ranked among companies with meaningful Dividend growth (3y) only.
BEN' s 10-Year Dividend growth (3y) Range
Min: 7.6  Med: 12.70 Max: 26.1
Current: 13
7.6
26.1
Yield on cost (5-Year) 1.96
BEN's Yield on cost (5-Year) is ranked lower than
81% of the 1425 Companies
in the Global Asset Management industry.

( Industry Median: 3.96 vs. BEN: 1.96 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
BEN' s 10-Year Yield on cost (5-Year) Range
Min: 0.67  Med: 1.29 Max: 3.57
Current: 1.96
0.67
3.57
Share Buyback Rate 2.10
BEN's Share Buyback Rate is ranked higher than
76% of the 753 Companies
in the Global Asset Management industry.

( Industry Median: -0.60 vs. BEN: 2.10 )
Ranked among companies with meaningful Share Buyback Rate only.
BEN' s 10-Year Share Buyback Rate Range
Min: 3.9  Med: 0.60 Max: -26.1
Current: 2.1

Valuation & Return

vs
industry
vs
history
Price/Net Cash 4.28
BEN's Price/Net Cash is ranked higher than
53% of the 407 Companies
in the Global Asset Management industry.

( Industry Median: 5.00 vs. BEN: 4.28 )
Ranked among companies with meaningful Price/Net Cash only.
BEN' s 10-Year Price/Net Cash Range
Min: 4.49  Med: 15.48 Max: 190.71
Current: 4.28
4.49
190.71
Price/Net Current Asset Value 3.78
BEN's Price/Net Current Asset Value is ranked higher than
52% of the 481 Companies
in the Global Asset Management industry.

( Industry Median: 4.24 vs. BEN: 3.78 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
BEN' s 10-Year Price/Net Current Asset Value Range
Min: 3.97  Med: 8.13 Max: 213.43
Current: 3.78
3.97
213.43
Price/Tangible Book 3.17
BEN's Price/Tangible Book is ranked lower than
85% of the 1293 Companies
in the Global Asset Management industry.

( Industry Median: 0.97 vs. BEN: 3.17 )
Ranked among companies with meaningful Price/Tangible Book only.
BEN' s 10-Year Price/Tangible Book Range
Min: 1.9  Med: 4.89 Max: 19.48
Current: 3.17
1.9
19.48
Price/Projected FCF 0.91
BEN's Price/Projected FCF is ranked higher than
66% of the 401 Companies
in the Global Asset Management industry.

( Industry Median: 1.13 vs. BEN: 0.91 )
Ranked among companies with meaningful Price/Projected FCF only.
BEN' s 10-Year Price/Projected FCF Range
Min: 0.59  Med: 1.23 Max: 1.84
Current: 0.91
0.59
1.84
Price/DCF (Earnings Based) 0.75
BEN's Price/DCF (Earnings Based) is ranked higher than
80% of the 20 Companies
in the Global Asset Management industry.

( Industry Median: 1.54 vs. BEN: 0.75 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 0.86
BEN's Price/Median PS Value is ranked higher than
70% of the 1099 Companies
in the Global Asset Management industry.

( Industry Median: 1.04 vs. BEN: 0.86 )
Ranked among companies with meaningful Price/Median PS Value only.
BEN' s 10-Year Price/Median PS Value Range
Min: 0.64  Med: 0.97 Max: 1.4
Current: 0.86
0.64
1.4
Price/Peter Lynch Fair Value 1.17
BEN's Price/Peter Lynch Fair Value is ranked lower than
67% of the 157 Companies
in the Global Asset Management industry.

( Industry Median: 0.79 vs. BEN: 1.17 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
BEN' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.51  Med: 1.06 Max: 4.35
Current: 1.17
0.51
4.35
Price/Graham Number 1.32
BEN's Price/Graham Number is ranked lower than
74% of the 895 Companies
in the Global Asset Management industry.

( Industry Median: 0.76 vs. BEN: 1.32 )
Ranked among companies with meaningful Price/Graham Number only.
BEN' s 10-Year Price/Graham Number Range
Min: 1.22  Med: 2.01 Max: 4.73
Current: 1.32
1.22
4.73
Earnings Yield (Greenblatt) (%) 16.20
BEN's Earnings Yield (Greenblatt) (%) is ranked higher than
85% of the 1329 Companies
in the Global Asset Management industry.

( Industry Median: 4.50 vs. BEN: 16.20 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
BEN' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 5.5  Med: 10.30 Max: 27.9
Current: 16.2
5.5
27.9
Forward Rate of Return (Yacktman) (%) 16.23
BEN's Forward Rate of Return (Yacktman) (%) is ranked higher than
65% of the 426 Companies
in the Global Asset Management industry.

( Industry Median: 6.48 vs. BEN: 16.23 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
BEN' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: 3.5  Med: 18.00 Max: 40.2
Current: 16.23
3.5
40.2

Analyst Estimate

Sep15 Sep16 Sep17
Revenue(Mil) 6,365 6,558 5,981
EPS($) 3.71 3.88 4.35
EPS without NRI($) 3.71 3.88 4.35

Business Description

Industry: Asset Management » Asset Management
Compare:AMP, AMG, BLK, BK, TTS » details
Traded in other countries:FRK.Germany,
Franklin Resources Inc was incorporated in Delaware in November 1969. The Company together with its subsidiaries operates as an investment management company. It offers investment services under Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 brand names. The Company provides investment management and related services to investors in jurisdictions worldwide through products that include U.S.- and non-U.S.-registered open-end and closed-end funds, unregistered funds, and institutional, high net-worth and separately-managed accounts. In addition to investment management, the Company's services include fund administration, sales, distribution, marketing, shareholder servicing, trustee, custody and other fiduciary services. It also offers a broad range of SIPs under equity, hybrid, fixed-income and cash management funds and accounts, including alternative investment products, that meet a variety of specific investment needs of individual and institutional investors. The Company also provides sub-advisory services to certain investment products sponsored by other companies which may be sold to the public under the brand names of those other companies or on a co-branded basis. It also offers closed-end funds that issue a set number of shares to investors in a public offering and the shares are then traded on a public stock exchange. The Company is subject to U.S. federal securities laws, state laws regarding securities fraud, other federal and state laws and rules and regulations of certain regulatory and self-regulatory organizations, including those rules and regulations promulgated by, among others, the SEC and the NYSE.
» More Articles for BEN

Headlines

Articles On GuruFocus.com
Five Stocks With Low P/E Gurus Are Buying (Part II) Jun 29 2015 
David Winters Sells Two-Thirds of Stake in Coca-Cola Jun 19 2015 
David Winters' Highest-Growing Stocks Jun 17 2015 
Mobile Jun 02 2015 
Mobile Jun 02 2015 
Mobile Jun 02 2015 
Mobile Jun 02 2015 
Triple Screen Winner: Westwood Holding Group Mar 23 2015 
BNY Mellon Achieved a Leading Position in the Market Feb 19 2015 
Scott Black's Top 5 New Holdings in Q4 Feb 09 2015 

More From Other Websites
Puerto Rico's deepening crisis threatens high-yield U.S. funds Jun 29 2015
13D Filings Jun 26 2015
Movers & shakers: June 22 Jun 20 2015
Good times beckon for equity fund managers Jun 20 2015
David Winters Sells Two-Thirds of Stake in Coca-Cola Jun 19 2015
'Smart Beta' to Enjoy Benefits of 'Great Rotation' Jun 19 2015
Templeton Releases Closed-End Funds' Portfolio Allocation Updates Jun 19 2015
Franklin Universal Trust Declares Monthly Dividend Jun 18 2015
Franklin Limited Duration Income Trust Declares Monthly Dividend Jun 18 2015
Franklin Resources, Inc. Announces Quarterly Dividend Jun 16 2015
Franklin Resources, Inc. Announces Quarterly Dividend Jun 16 2015
Franklin (BEN) Set to Benefit from Rise in AUM & Revenues - Analyst Blog Jun 16 2015
Templeton Emerging Markets Income Fund ("TEI") Announces Dividend Jun 15 2015
Stocks to watch in asset management Jun 13 2015
Street Talk: FDX, TOL, DLR, AXLL & AEO Jun 11 2015
Franklin LifeSmart(TM) Expands Retirement Target Fund Lineup for US Investors Jun 10 2015
Franklin Resources May AUM Down, Equity Assets Dip - Analyst Blog Jun 09 2015
Bryan D. Kirk Joins Fiduciary Trust Company International as Trust Counsel Jun 09 2015
Franklin Resources, Inc. Announces Month-End Assets Under Management Jun 08 2015
Franklin Resources, Inc. Announces Month-End Assets Under Management Jun 08 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK