Franklin Portfolio Associates LLC (Boston)

Name: Franklin Portfolio Associates LLC
Address: One Boston Place, Boston, MA, 02108 4407
Telephone: 617-248-4500

Franklin Portfolio Associates LLC is a large advisory firm based in Boston. It manages $26.7 billion of regulatory assets for 93 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Franklin Portfolio Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Franklin Portfolio Associates: assets under management

The assets under management (AUM) of Franklin Portfolio Associates LLC is $26.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.7 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $287.11 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franklin Portfolio Associates LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Franklin Portfolio Associates LLC

Phillip Nicholas Maisano has been acting as President since 1 Dec 2006. Oliver Ellsworth Buckley joined the executive team most recently as the Chief Executive Officer, Cio & Director Of Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Stephen Cone	President, coo & ceo. director of manager	1 Jun 1982	Other	4373870
Mary Margaret Mcdermott Holland	Senior vice president	1 Jun 1982	Other	4373876
John Joseph Nagoniak	Chairman of the board of manager	1 Jun 1982	Other	4334095
John Joseph Nagorniak	Chairman of the board of manager	1 Jun 1982	Other	4334095
David Tsiang Jiang	Senior vice president	1 Dec 1994	Other	4373879
Christopher Mark Condron	Director of manager	1 Sep 1995	Other	51937
Ronald Philip O'hanley	Director of manager	1 Mar 1997	Other	4331592
Paul Francis Healey	Senior vice president, director of manager	1 Jul 1997	Other	4373875
Gregg Edward Pendergast	Vice president	1 Dec 1997	Other	4373880
Ajay Zutshi	Vice president	1 Mar 1998	Other	4373888
William Brian Tunney	Treasurer	1 Sep 1998	Other	4373886
Nancy Kristen Kinney	Vice president	1 Oct 1998	Other	1686221
Stephen Edward Canter	Director of manager	1 Feb 1999	Other	1837432
Boston Safe Deposit And Trust Company	Member	1 Apr 1999	75% - 100%	04-1107280
Michael Foster Dunn	Senior vice president	1 Oct 1999	Other	4373873
Michael Joshua Savitz	Chief legal officer, clerk	1 Jun 2000	Other	4373882
Oliver Ellsworth Buckley	Senior vice president	1 Sep 2000	Other	2488162
Llc Franklin Portfolio Holdings	Member/manager	1 Dec 2000	Other	04-2654090
Stephen Leo Sexeny	Vice president	1 Feb 2001	Other	2400108
Guy Hudson	Director of manager	1 Jun 2001	Other	4371336
John Verity Doggett	Vice president	1 Apr 2002	Other	1440143
Ian David Arvin	Vice president	1 Mar 2003	Other	4649774
Kristin Julia Crawford	Vice president	1 Jul 2003	Other	4702856
Laurie Campbell Knapp	Chief legal officer/clerk	1 Aug 2003	Other	1294012
Mellon Trust Of New England N.A.	Member	1 Sep 2003	75% - 100%	04-1107280
Langton Charles Garvin	Senior vice president	1 Apr 2004	Other	4802135
Francis David Antin	Director of manager	1 Jun 2004	Other	4333847
Equity(Ma)Trust (Emat)	Member	1 Jul 2004	75% - 100%	20-1428181
Equity(Ma)Trust (Emat)	Member	1 Aug 2004	75% - 100%	20-1428181
Glenda W Kao	Vice president	1 Jan 2005	Other	4933981
Patrick Michael Slattery	Vice president	1 Jul 2005	Other	5065490
Laurie Campbell Knapp	Clerk	1 Aug 2005	Other	1294012
Oliver Ellsworth Buckley	Executive vice president & cio	1 Jan 2006	Other	2488162
Scott Edward Wennerholm	Director of manager	1 Jan 2006	Other	2398744
Phillip Nicholas Maisano	Director	1 Dec 2006	Other	317558
Fixed Income (Ma) Trust (Fimat)	Sole member	1 Dec 2006	75% - 100%	86-1067827
Mam (Ma) Holding Trust	Sole member	1 Dec 2006	75% - 100%	86-1067827
Oliver Ellsworth Buckley	Chief executive officer, cio & director of manager	1 Jul 2008	Other	2488162
John Stephen Cone	Chairman of the board	1 Jul 2008	Other	4373870
Paul Francis Healey	President, coo & director of manager	1 Jul 2008	Other	4373875

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mellon Financial Corporation	Sole shareholder	1 Dec 2000	75% - 100%	25-1233834
Boston Safe Deposit And Trust Company	Sole member	1 Dec 2000	75% - 100%	04-1107280
N.A. Mellon Trust Of New England	Sole member	1 Dec 2000	75% - 100%	04-1107280
Equity (De) Trust 1 (Edet1)	Indirect owner	1 Aug 2004	75% - 100%	20-1428198
Equity (De) Trust 2 (Edet 2)	Indirect owner	1 Aug 2004	25% - 50%	20-1428207
Fixed Income (De) Trust (Fidet)	Indirect owner	1 Dec 2006	25% - 50%	86-1067823
Mam (De) Trust	Indirect owner	1 Dec 2006	25% - 50%	86-1067823
The Bank Of New York Mellon Corporation	Sole shareholder	1 Jul 2007	75% - 100%	13-2614959

Based in Boston

The principal office where Franklin Portfolio Associates LLC performs its advisory services is located at One Boston Place, Boston, MA 02108 4407, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 617-248-4500 or by fax 617-248-4540. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.franklinportfolioassociates.com.