SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Franklin Templeton Institutional, LLC
New York, NY
CRD 117384
Firm filing updated September 16, 2026 ·
- $29.6BAssets
- 26Advisory staff
- 120Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Pooled vehicles39
- Investment companies34
- Pension and profit sharing plans15
- High net worth individuals9
- Sovereign funds6
- and 2 more10
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 9 | $86.5 million |
| Investment companies | 34 | $11.5 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 39 | $6.6 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 15 | $5.9 billion |
| Charitable organizations | 5 | $151.1 million |
| State or municipal government entities (including government pension plans) | Fewer than 5 clients | $697.0 million |
| Insurance companies | 5 | $2.1 billion |
| Sovereign wealth funds and foreign official institutions | 6 | $2.5 billion |
| Corporations or other businesses not listed above | Fewer than 5 clients | $10.5 million |
| Other: "VARIOUS" | Fewer than 5 clients | $308,995 |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 5 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$29.6 billion
- Accounts120
- Discretionary$29.5 billion · 119 accounts
- Non-discretionary$130.4 million · 1 accounts
People
- Employees127
- Advisory staff26
- Broker-dealer reps11
- Licensed insurance agents0
Registration details
- SEC-registered investment advisor. CRD 117384, SEC file 801-60684.
- Registered with the SEC as an investment advisor (status date on record: November 13, 2001).
Is Franklin Templeton Institutional, LLC a fiduciary?
Short answer: Franklin Templeton Institutional, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 11 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.