Franklin Templeton Private Portfolio Group, LLC
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Learn more about Franklin Templeton Private Portfolio Group, LLC
Overview
Franklin Templeton Private Portfolio Group, LLC operates as an advisory company that has its headquarters in New York, New York. Franklin Templeton Private Portfolio Group, LLC manages $94.6 billion in assets under management across 141,326 accounts, making it one of the largest investment advisory firms in the country by assets under management (AUM). The company has a small team, including 2 financial advisors. Franklin Templeton Private Portfolio Group, LLC does not act as a registered broker-dealer, signifying that the company cannot buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer firm to do so. Securities are defined as tradable financial assets such as options, stocks and bonds.
Franklin Templeton Private Portfolio Group, LLC administers most of the company's client assets on a discretionary basis. Discretionary management is a structure in which buy and sell judgments are made by an investment advisor without needing to seek client consent. It also has 55 non-discretionary accounts totaling $33.4 billion in assets. Franklin Templeton Private Portfolio Group, LLC's typical account size is $669,446. The typical advisor at Franklin Templeton Private Portfolio Group, LLC administers about 70,663 client accounts.
The company's main office is at 620 8Th Avenue, New York, New York 10018. It is allowed to provide services to customers throughout 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Franklin Templeton Private Portfolio Group, LLC by the Numbers
$94.6 billion
16
141,326
$669.4 thousand
Fee Structure
Financial management fees usually are based on which services the firm provides the client. However, fees billed by Franklin Templeton Private Portfolio Group, LLC typically consist of the following fee structure: asset-based. Franklin Templeton Private Portfolio Group, LLC participates in a wrap fee program, in which the company offers a service bundle for a comprehensive fee.
Available
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Offered by 69% of firms
Percentage of Assets
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
Franklin Templeton Private Portfolio Group, LLC manages money for a number of different investors. The company provides services to retail investors, high net worth investors, banking institutions, pension plans, charitable organizations, state or municipal government entities, other investment advisers and corporations. Out of its 141,326 customers, Franklin Templeton Private Portfolio Group, LLC's biggest client type by number of accounts is retail investors, but it also manages money for 3,063 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 under management or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients are from outside of the U.S.
- High-Net-Worth Individuals* - 2.17%
- Other Individuals - 94.99%
- Corporations - 2.22%
- Charitable Organizations - 0.61%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Franklin Templeton Private Portfolio Group, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Franklin Templeton Private Portfolio Group, LLC
New York, NY
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