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 Mutual Advisers, LLC

Asset manager (funds and pooled vehicles)Short Hills, New JerseyCRD 111376SEC 801-53068websiteIAPD
Latest filing Sep 16, 2026
First filing on the tape Dec 23, 2011 · 38 filings
SEC status approved since Oct 10, 1996
RAUM
$43B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
6.8%
$2.9B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
52
37 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$43B as of Dec 23, 2025
Dec 23, 2011$55B then
HNW client RAUM$2.9B as of Dec 23, 2025
Dec 21, 2017$0 then
State-registered IARs (5.B.3)0 as of Dec 23, 2025
Dec 23, 20110 then
Employees (5.A)52 as of Dec 23, 2025
Dec 20, 201249 then
Private funds: no history
RAUM +11% over the last fiscal year-2.7% 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
$170MderivedHNW RAUM over HNW clients
Average account
$626MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%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
+11%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 assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
yesreportedItem 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$33B78%
  • Pooled investment vehicles$6.5B15%
  • High-net-worth individuals$2.9B6.8%
  • Other investment advisers$111M0.3%
  • Charitable organizations$64.0M0.2%
  • Corporations and businesses$11.3M0.0%
Individual clients
n/areported
HNW clients
17reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
68reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.07 fund_share=0.93 institutional_share=0.0 related_bd=true related_bank=true bd_reps=5.0 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
      • Kanan Christian Correa · Presidentcontrol
        since 07/2018 · owns less than 5%
      • Paul Leeor Avigdor · Treasurer
        since 05/2023 · owns less than 5%
      • Anthony Bjorn Davis · Chief Compliance Officer
        since 02/2023 · owns less than 5%
      • Clifton Thomas Merchant · Chief Legal Officer
        since 05/2022 · owns less than 5%
      Entity owners
      • Franklin Resources, Inc. · Member
        direct · owns 75% or more · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Franklin Mutual Advisers, 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
        Dec 23, 2025 to Sep 16, 2026
      • Succession · false to unset
        Dec 23, 2025 to Sep 16, 2026
      • Accounts · 82 to 68
        Dec 24, 2024 to Dec 23, 2025
      • Advisory employees · 30 to 37
        Dec 24, 2024 to Dec 23, 2025
      • BD registered reps · 4 to 5
        Dec 24, 2024 to Dec 23, 2025
      • HNW clients · 7 to 17
        Dec 24, 2024 to Dec 23, 2025
      • Pooled vehicle clients · 3 to 29
        Dec 24, 2024 to Dec 23, 2025
      • Employees · 50 to 52
        Dec 24, 2024 to Dec 23, 2025
      • Financial planning clients · unset to
        Dec 24, 2024 to Dec 23, 2025
      • Discretionary RAUM · $42B to $42B
        Dec 24, 2024 to Dec 23, 2025
      • HNW RAUM · $73.8M to $2.9B
        Dec 24, 2024 to Dec 23, 2025
      • Non-discretionary RAUM · $124M to $111M
        Dec 24, 2024 to Dec 23, 2025
      • Pooled vehicle RAUM · $1.4B to $6.5B
        Dec 24, 2024 to Dec 23, 2025
      • RAUM · $43B to $43B
        Dec 24, 2024 to Dec 23, 2025
      • Accounts · 80 to 82
        Mar 28, 2024 to Dec 24, 2024
      • Advisory employees · 28 to 30
        Mar 28, 2024 to Dec 24, 2024
      • HNW clients · 5 to 7
        Mar 28, 2024 to Dec 24, 2024
      • Employees · 48 to 50
        Mar 28, 2024 to Dec 24, 2024
      • Discretionary RAUM · $38B to $42B
        Mar 28, 2024 to Dec 24, 2024
      • HNW RAUM · $307,488 to $73.8M
        Mar 28, 2024 to Dec 24, 2024
      • Non-discretionary RAUM · $128M to $124M
        Mar 28, 2024 to Dec 24, 2024
      • Pooled vehicle RAUM · $1.3B to $1.4B
        Mar 28, 2024 to Dec 24, 2024
      • RAUM · $38B to $43B
        Mar 28, 2024 to Dec 24, 2024
      • Accounts · 78 to 80
        Jun 22, 2023 to Dec 22, 2023
      • Advisory employees · 26 to 28
        Jun 22, 2023 to Dec 22, 2023
      • Corporate clients · 3.0 to unset
        Jun 22, 2023 to Dec 22, 2023
      • HNW clients · 4 to 5
        Jun 22, 2023 to Dec 22, 2023
      • Employees · 52 to 48
        Jun 22, 2023 to Dec 22, 2023
      • Other offices · 1 to 0
        Jun 22, 2023 to Dec 22, 2023
      • Discretionary RAUM · $35B to $38B
        Jun 22, 2023 to Dec 22, 2023
      • HNW RAUM · $220,566 to $307,488
        Jun 22, 2023 to Dec 22, 2023
      • Non-discretionary RAUM · $103M to $128M
        Jun 22, 2023 to Dec 22, 2023
      • Pooled vehicle RAUM · $1.2B to $1.3B
        Jun 22, 2023 to Dec 22, 2023
      • RAUM · $36B to $38B
        Jun 22, 2023 to Dec 22, 2023
      • Accounts · 63 to 78
        May 12, 2022 to Dec 21, 2022
      • Advisory employees · 25 to 26
        May 12, 2022 to Dec 21, 2022
      • BD registered reps · 2 to 4
        May 12, 2022 to Dec 21, 2022
      • Corporate clients · unset to 3.0
        May 12, 2022 to Dec 21, 2022
      • HNW clients · unset to 4.0
        May 12, 2022 to Dec 21, 2022
      • Pooled vehicle clients · 4 to 3
        May 12, 2022 to Dec 21, 2022
      Signals
      3 dated events
      • Arthur Peter Langerman (Executive Vice President) no longer on Schedule A of Franklin Mutual Advisers, Llc (listed 2021-02-16, absent 2021-05-25)
        May 25, 2021 · Control person left · inference
      • Kanan Christian Correa (President) appeared on Schedule A of Franklin Mutual Advisers, Llc
        Feb 1, 2021 · Control person joined · fact
      • Franklin Mutual Advisers, Llc reported RAUM $40.2B, down 32% from $59.3B (2020-04-17 to 2020-12-23)
        Dec 23, 2020 · 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 17, 2026
      Website
      franklinindices.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (973) 912-2000reportedpublic 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