Franklin Templeton Portfolio Advisors, Inc. is a large advisory firm based in San Mateo. It manages $4.14 billion of regulatory assets for 4,831 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Franklin Templeton Portfolio Advisors provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. 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 Templeton Portfolio Advisors, Inc. is $4.14 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -24% since the beginning of its operation, and $3.55 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Franklin Templeton Portfolio Advisors, Inc. 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 firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of John Matthew Lusk is high net worth individuals with 845 clients and $2.1 billion of assets under management. Among the 10 most similar advisory firms, Franklin Templeton Portfolio Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $3.91 billion for 4,810 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Franklin Templeton Portfolio Advisors doesn't advise any private funds.
The company employs 14 people that are either part- or full-time employees. 36 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.
John Matthew Lusk has been acting as President since 1 Jan 2011. Thomas Michael Regner joined the executive team most recently as the President And Director.
The principal office where Franklin Templeton Portfolio Advisors, Inc. performs its advisory services is located at One Franklin Parkway, San Mateo, CA 94403 1906, which is also the mailing address of the firm. An additional office of the firm is in Ft. Lauderdale, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-822-8464 or by fax (650) 312-4208. 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/.