Company Profile For Franklin Resources, Inc.

Franklin Resources, Inc. (BEN.N) (New York Stock Exchange)
sector: Financials · industry: Investment Services ·
As of  27 Nov 2009
108.97USD
Price Change
-3.49
Percent Change
-3.10%
 
 
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Overview

Franklin Resources, Inc. (Franklin) is an investment management company. The Company is a holding company that, together with its various subsidiaries (collectively, the Company), is referred to as Franklin Templeton Investments, a global investment management organization offering investment choices under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names. In its primary business and operating segment, investment management and related services, it provides services to investment funds and institutional, high net-worth and separately managed accounts (collectively, its sponsored investment products) in the United States and internationally. In its secondary business and operating segment, banking/finance, it provides clients with select retail banking, private banking and consumer lending services through its bank subsidiaries.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 30 September 2009, Franklin Resources Inc.'s revenues fell 30% to $4.19B. Net income fell 44% to $896.8M. Revenues reflect a decrease in income from investment management fees, fall in shareholder servicing fees, decrease in consolidated sponsored investment products income and lower underwriting & distribution fees. Net income also reflects a decrease in investment & other income, net.

Company Address

Franklin Resources, Inc.
One Franklin Parkway
San Mateo   CA   94403
P: +1650.3122000
F: +1650.3123655

Total Employees

7700

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