An investment management Company, which provides investment management and related services to its retail mutual funds, and to institutional, high net-worth and separately managed accounts and other investment products.
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Franklin Resources, Inc. is an investment management company. Through its wholly owned direct and indirect subsidiaries, the Company provides investment management and fund administration services to open-end and closed-end investment companies, institutional accounts, high-net-worth families, individuals and separate accounts in the United States and internationally. In support of its primary business and operating segment, investment management, Franklin Resources, Inc. also provides investment management services and other related services, including shareholder services, transfer agency, underwriting, distribution, custodial, trustee and other fiduciary services. In the Company�s secondary business and operating segment, banking/finance, it provides clients with select retail banking and consumer lending services through its bank subsidiaries. On August 22, 2007, Franklin Resources, Inc. acquired a 51% ownership interest in Riva Financial Systems Limited.