DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Franklin Advisory Services, LLC

Asset manager (funds and pooled vehicles)San Mateo, FloridaCRD 111361SEC 801-51967websiteIAPD
Latest filing Sep 16, 2026
First filing on the tape Dec 23, 2011 · 36 filings
SEC status approved since May 16, 1996
RAUM
$14B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$14B as of Jul 23, 2026
Dec 23, 2011$13B then
HNW client RAUM$0 as of Dec 23, 2020
Dec 21, 2017$0 then
State-registered IARs (5.B.3)0 as of Jul 23, 2026
Dec 23, 20110 then
Employees (5.A)2 as of Jul 23, 2026
Dec 20, 201215 then
Private funds: 6
RAUM +82% over the last fiscal year+44% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Sep 16, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$213MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$13B, 8 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$9.2B65%
  • Pooled investment vehicles$4.9B35%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
66reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$13B for 8 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1.0 bank_owner=falsederived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Hugh Edward Patrick O'Connor · President And Chief Investment Officercontrol
        since 02/2019 · owns less than 5%
      • Gregory Donald Taylor · President And Chief Investment Officercontrol
        since 11/2013 · owns less than 5%
      • Paul Leeor Avigdor · Treasurer
        since 05/2023 · owns less than 5%
      • Steven Fred Jensen · Chief Compliance Officer
        since 08/2021 · owns less than 5%
      • Clifton Thomas Merchant · Chief Legal Officer
        since 05/2022 · owns less than 5%
      Entity owners
      • Franklin Advisers, Inc. · Member
        direct · owns 75% or more
      • Franklin Resources, Inc. · Parent Corporation Of Fai: 100%
        indirect · owns 75% or more of Franklin Advisers, Inc. · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Franklin Advisory Services, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Financial planning clients · to unset
        Jul 23, 2026 to Sep 16, 2026
      • Private funds · 6 to unset
        Jul 23, 2026 to Sep 16, 2026
      • Succession · false to unset
        Jul 23, 2026 to Sep 16, 2026
      • Assets in custody · unset to 13046797264.0
        Jun 15, 2026 to Jul 23, 2026
      • Custody of client assets · false to true
        Jun 15, 2026 to Jul 23, 2026
      • Private funds · unset to 6
        Jun 15, 2026 to Jul 23, 2026
      • HQ state · CA to FL
        Dec 19, 2025 to Jun 15, 2026
      • Accounts · 57 to 66
        Jun 10, 2025 to Dec 19, 2025
      • Pooled vehicle clients · 29 to 36
        Jun 10, 2025 to Dec 19, 2025
      • Discretionary RAUM · $9.2B to $14B
        Jun 10, 2025 to Dec 19, 2025
      • Pooled vehicle RAUM · $2.4B to $4.9B
        Jun 10, 2025 to Dec 19, 2025
      • RAUM · $9.2B to $14B
        Jun 10, 2025 to Dec 19, 2025
      • Financial planning clients · unset to
        Dec 23, 2024 to Jun 10, 2025
      • Advisory employees · 3 to 2
        Dec 22, 2023 to Dec 20, 2024
      • Pooled vehicle clients · 27 to 29
        Dec 22, 2023 to Dec 20, 2024
      • Employees · 3 to 2
        Dec 22, 2023 to Dec 20, 2024
      • Discretionary RAUM · $7.7B to $9.2B
        Dec 22, 2023 to Dec 20, 2024
      • Pooled vehicle RAUM · $1.1B to $2.4B
        Dec 22, 2023 to Dec 20, 2024
      • RAUM · $7.7B to $9.2B
        Dec 22, 2023 to Dec 20, 2024
      • Accounts · 54 to 57
        Aug 10, 2023 to Dec 22, 2023
      • Advisory employees · 4 to 3
        Aug 10, 2023 to Dec 22, 2023
      • Pooled vehicle clients · 24 to 27
        Aug 10, 2023 to Dec 22, 2023
      • Employees · 4 to 3
        Aug 10, 2023 to Dec 22, 2023
      • Other offices · 1 to 0
        Aug 10, 2023 to Dec 22, 2023
      • Discretionary RAUM · $4.6B to $7.7B
        Aug 10, 2023 to Dec 22, 2023
      • Pooled vehicle RAUM · $997M to $1.1B
        Aug 10, 2023 to Dec 22, 2023
      • RAUM · $4.6B to $7.7B
        Aug 10, 2023 to Dec 22, 2023
      • Accounts · 51 to 54
        Dec 24, 2021 to Dec 21, 2022
      • BD registered reps · 0 to 1
        Dec 24, 2021 to Dec 21, 2022
      • Pooled vehicle clients · 21 to 24
        Dec 24, 2021 to Dec 21, 2022
      • Discretionary RAUM · $4.7B to $4.6B
        Dec 24, 2021 to Dec 21, 2022
      • Pooled vehicle RAUM · $1.6B to $997M
        Dec 24, 2021 to Dec 21, 2022
      • RAUM · $4.7B to $4.6B
        Dec 24, 2021 to Dec 21, 2022
      • Advisory employees · 5 to 4
        Sep 1, 2021 to Dec 24, 2021
      • BD registered reps · 1 to 0
        Sep 1, 2021 to Dec 24, 2021
      • Charity clients · 0.0 to unset
        Sep 1, 2021 to Dec 24, 2021
      • Corporate clients · 0.0 to unset
        Sep 1, 2021 to Dec 24, 2021
      • HNW clients · 0.0 to unset
        Sep 1, 2021 to Dec 24, 2021
      • Individual clients · 0.0 to unset
        Sep 1, 2021 to Dec 24, 2021
      • Pension plan clients · 0.0 to unset
        Sep 1, 2021 to Dec 24, 2021
      Signals
      7 dated events
      • Franklin Advisory Services, Llc reported RAUM $14.1B, up 53% from $9.2B (2025-06-10 to 2025-12-19)
        Dec 19, 2025 · RAUM change · derived
      • Franklin Advisory Services, Llc reported RAUM $7.7B, up 67% from $4.6B (2023-08-10 to 2023-12-22)
        Dec 22, 2023 · RAUM change · derived
      • Franklin Advisory Services, Llc reported RAUM $4.7B, up 32% from $3.5B (2021-09-01 to 2021-12-24)
        Dec 24, 2021 · RAUM change · derived
      • Franklin Advisory Services, Llc reported RAUM $3.0B, down 49% from $5.9B (2019-02-25 to 2019-12-24)
        Dec 24, 2019 · RAUM change · derived
      • Sterling Madison Gulley (Executive Vice President) no longer on Schedule A of Franklin Advisory Services, Llc (listed 2018-12-26, absent 2019-02-25)
        Feb 25, 2019 · Control person left · inference
      • Hugh Edward Patrick O'Connor (President And Chief Investment Officer) appeared on Schedule A of Franklin Advisory Services, Llc
        Feb 25, 2019 · Control person joined · fact
      • Franklin Advisory Services, Llc reported RAUM $5.9B, down 79% from $28.0B (2018-03-27 to 2018-12-26)
        Dec 26, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/franklin-templetonreportedpublic record, Form ADV, Sep 18, 2026
      Website
      franklinindices.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (650) 312-3000reportedpublic record, Form ADV, Sep 16, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026