AI Prospecting for Franklin Resources
Company data:
Company size:
10300 employeesWebsite URL:
https://www.franklintempleton.comIndustry
Financial ServicesHeadquarters:
San Mateo, California, USAInvestment round:
NYSE: BENARR:
$7 billionLatest news about Franklin Resources
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Franklin Resources, Inc. (NYSE: BEN) is under investigation for potential securities law violations. An internal investigation and parallel SEC and DOJ probes into Western Asset Management's trade allocations led to a co-CIO being placed on leave and the closure of the Macro Opportunities strategy, causing a significant stock price drop of 12.5% on August 21, 2024[2].
Franklin Resources (NYSE: BEN) reported preliminary month-end assets under management (AUM) of $1.63 trillion at October 31, 2024, down from $1.68 trillion in September due to negative markets and long-term net outflows of $18.5 billion. The company also reported a preliminary net loss of $84.7 million for Q4 2024, including a $389.2 million impairment charge related to Western Asset Management mutual fund contracts[4].
Franklin Resources, Inc. reported a stagnant total assets under management (AUM) of $1.68 trillion as of September 30, 2024, with long-term net outflows of $31.3 billion, primarily from Western Asset Management. The company also noted $32 million in realized cost savings from the Putnam acquisition, with a target of $150 million in cost savings for fiscal year 2025[1][2].
Open job positions at Franklin Resources
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
