GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin Resources Inc (MEX:BEN) » Definitions » Other Expense

Franklin Resources (MEX:BEN) Other Expense


View and export this data going back to 2017. Start your Free Trial

What is Franklin Resources Other Expense?

Other Expense only applies to insurance companies.


Franklin Resources Business Description

Address
One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of August 2024, Franklin had $1.681 trillion in managed assets, composed primarily of equity (36%), fixed-income (34%), multi-asset/balanced (10%) funds, alternatives (15%) and money market funds (5%). Distribution tends to be weighted equally between retail investors (52% of AUM) and institutional accounts (46%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its assets under management invested in global/international strategies and just as much sourced from clients domiciled outside the United States.