Home Wealth Management How Franklin Templeton is reintroducing itself to Canadian Advisors

How Franklin Templeton is reintroducing itself to Canadian Advisors

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How Franklin Templeton is reintroducing itself to Canadian Advisors

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Inexperienced’s emphasis now within the agency’s advertising and marketing and outreach to advisors is in capabilities relatively than merchandise. For instance, a accomplice agency would possibly come to Franklin asking for a particular technique. Inexperienced says they’ll construct that technique right into a fund, hand it to their consumer, and depart it at that — with out launching a retail model. That provides Franklin’s consumer to distinguish their choices and means Franklin can develop their AUM with out clogging the market with a slew of recent merchandise each different week.

“That is the last word definition of partnership in our enterprise,” Inexperienced says. “I believe the time period partnership is bandied about fairly liberally, however it is a state of affairs the place you see a real win-win.”

Franklin can take that advertising and marketing strategy largely as a result of their capabilities have expanded in recent times. That course of started with the acquisition of Legg Mason in February of 2020, which got here with an enormous secure of specialist funding managers able to constructing a far wider vary of methods for Canadian wealth administration corporations.

Franklin adopted that up with the acquisition of Lexington, a non-public fairness supervisor, and BSP, a non-public credit score supervisor. These two acquisitions have added to Franklin’s international alternate options platform, which now manages over $300 billion. That scale is mirrored in Franklin’s thought management, and the deep data their specialised funding groups can supply on particular topics and areas advisors may have to grasp. Whereas that’s solely a fraction of Franklin Templeton’s $1.4 trillion USD in property beneath administration, Inexperienced notes that an alts platform of their scale is a “drive to be reckoned with.”

What all this quantities to, Inexperienced says, is that Franklin Templeton Canada can now be extra artistic of their collaborations with Canadian advisors, at a time when Canadian buyers want creativity.

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