Franklin Resources Announces Preliminary Month-End AUM

SAN MATEO, Calif. (BUSINESS WIRE) — Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) reported preliminary month‑end assets under management (AUM) of $1.67 trillion as of November 30, 2025, down slightly from $1.68 trillion at the end of October. The figure reflects flat long‑term flows overall, offset by a $1 billion net outflow from Western Asset Management and the broader market gains. Excluding Western Asset Management, long‑term net inflows totaled $1 billion.

Franklin Templeton’s AUM trajectory highlights a subtle shift in investor sentiment toward higher‑yield, alternative strategies. While equity holdings remain the dominant segment, they have slipped marginally as investors rebalance toward fixed‑income and multi‑asset solutions that can better navigate a potentially volatile rate environment. The rise in cash‑management balances—up $12 billion from the prior month—suggests heightened liquidity preferences amid lingering macro‑uncertainty.

From a technology standpoint, the firm’s continued investment in data‑driven portfolio construction and AI‑enhanced risk analytics is likely underpinning its ability to retain large institutional inflows despite market turbulence. By leveraging machine‑learning models for factor‑based equity selection and credit‑risk assessment, Franklin can offer more granular risk‑adjusted returns, a proposition that resonates with sophisticated clients seeking diversification beyond traditional index‑linked products.

Strategically, the modest AUM contraction—less than 1 percent month‑over‑month—places Franklin Templeton in a relatively strong position compared with peers that have experienced double‑digit outflows in the same period. The company’s diversified platform, spanning 150+ countries, provides a buffer against regional market swings and enables cross‑selling of wealth‑management technology suites, a growth driver as digital advisory services gain traction worldwide.

Analysts will be watching the firm’s ability to convert the recent cash‑management outflows into sustainable fee‑based assets, particularly through its suite of customized ETFs and private‑market vehicles. If Franklin can sustain its alternative‑asset inflows and expand its AI‑powered advisory tools, it could capture a larger share of the $3 trillion global asset‑management market that is gradually pivoting toward technology‑enabled, fee‑transparent solutions.

About Franklin Templeton

Franklin Resources, Inc. (NYSE: BEN) is a global investment‑management organization operating under the Franklin Templeton brand. The firm serves clients in more than 150 countries, offering expertise across equity, fixed income, alternatives, and multi‑asset strategies. With over 1,600 investment professionals and a presence in major financial hubs, the California‑based company leverages seven decades of experience to deliver wealth‑management and technology‑driven solutions.

Forward‑Looking Statements

The financial results in this release are preliminary. Certain statements herein are forward‑looking and reflect the company’s current expectations regarding future events, performance, and market conditions. Such statements are subject to risks and uncertainties, including market volatility, investment performance, regulatory changes, technology and security risks, and operational challenges. Actual results may differ materially from those projected. Readers are cautioned not to rely on these statements as guarantees of future performance. Detailed risk factors are disclosed in the company’s filings with the U.S. Securities and Exchange Commission, including the 2025 Form 10‑K and subsequent Form 10‑Q reports.