FRANKLIN TEMPLETON PRIVATE PORTFOLIO GROUP, LLC
Adviser information for FRANKLIN TEMPLETON PRIVATE PORTFOLIO GROUP, LLC last updated from Form ADV on February 1st, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | SEPTEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 15 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 9 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 146,706 | $68.6B |
| Non-Discretionary | 61 | $36.8B |
| Total | 146,767 | $105.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 139,089 | $46.5B |
| HNW Individuals | 3,688 | $12.9B |
| Banking or thrift institutions | 7 | $244.5M |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 1,079 | $1.2B |
| Charitable organizations | 870 | $3.1B |
| State or municipal gov entities | 18 | $131.4M |
| Other investment advisers | 54 | $36.5B |
| Insurance companies | 4 | $2.4M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 1,969 | $4.7B |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 4 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 99.5B |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| OPPENHEIMER ASSET MANAGEMENT UMA PROGRAM | OPPENHEIMER ASSET MANAGEMENT |
| STRATEGIC WEALTH PORTFOLIO PROGRAM (SWP) | UBS FINANCIAL SERVICES INC. |
| STIFEL OPPORTUNITY/MBT PROGRAM | STIFEL, NICOLAUS & COMPANY, INCORPORATED |
| RAYMOND JAMES FREEDOM UNIFIED MANAGED ACCOUNT PROGRAM | RAYMOND JAMES & ASSOCIATES, INC. |
| ARVEST MANAGED ACCOUNT SOLUTIONS | ARVEST WEALTH MANAGEMENT |
| MANAGED ACCOUNT SELECT� | CHARLES SCHWAB & CO., INC. |
| INSTITUTIONAL CONSULTING PROGRAM | UBS FINANCIAL SERVICES INC. |
| MANAGED ACCOUNT PROGRAM | RBC CAPITAL MARKETS, LLC |
| NO PROGRAM NAME | LGG FINANCIAL |
| MANAGED ACCOUNT SOLUTIONS | ENVESTNET PMC |
| CONSULTING AND EVALUATION SERVICES | CITIGROUP GLOBAL MARKETS INC. |
| LEGG MASON PRIVATE PORTFOLIOS PROGRAM (LM DIRECT) | CITIGROUP GLOBAL MARKETS INC. |
| NO PROGRAM NAME | FIELDPOINT PRIVATE BANK & TRUST |
| NO PROGRAM NAME | C2C WEALTH MANAGEMENT, LLC |
| SEPARATE MANAGED ACCOUNT ("SMA") PROGRAMS | NEW EDGE WEALTH |
| J.P. MORGAN SECURITIES STRATEGIC INVESTMENT SERVICES (STRATIS) PROGRAM | J.P. MORGAN SECURITIES LLC |
| WEALTH ARCHITECT | ENVESTNET PMC |
| THIRD PARTY OVERLAY STRATEGIST PROGRAM | ENVESTNET PMC |
| RAYMOND JAMES MULTIPLE DISCIPLINE ACCOUNT (MDA) PROGRAM | RAYMOND JAMES & ASSOCIATES, INC. |
| CLASSIC PROGRAM | JANNEY MONTGOMERY SCOTT LLC |
| F3LOGIC WRAP FEE PROGRAM | F3LOGIC, LLC |
| ACCESS | UBS FINANCIAL SERVICES INC. |
| NO PROGRAM NAME | DOMINARI SECURITIES LLC |
| NO PROGRAM NAME | TRANSCEND CAPITAL ADVISORS, LLC |
| CAPTRUST SEPARATELY MANAGED ACCOUNT PROGRAM | CAPTRUST |
| CONSULTING SERVICES | RAYMOND JAMES & ASSOCIATES, INC. |
| EDWARD JONES ADVISORY SOLUTIONS� UNIFIED MANAGED ACCOUNT (UMA) PROGRAM | EDWARD JONES |
| CONSULTING SOLUTIONS PROGRAM | RBC CAPITAL MARKETS, LLC |
| NO PROGRAM NAME | OPAL WEALTH ADVISORS, LLC |
| UNIFIED MANAGED ACCOUNT PROGRAM | J.P. MORGAN SECURITIES LLC |
| IFP MANAGED ACCOUNT PROGRAM | INDEPENDENT FINANCIAL PARTNERS |
| NO PROGRAM NAME | SANCTUARY ADVISORS, LLC |
| NO PROGRAM NAME | TRUCLARITY WEALTH ADVISORS |
| NO PROGRAM NAME | THE ARANDA GROUP ADVISORS, LLC |
| NO PROGRAM NAME | JANNEY MONTGOMERY SCOTT LLC |
| NO PROGRAM NAME | WATERLOO CAPITAL |
| NO PROGRAM NAME | WEALTH ALLIANCE, LLC |
| NO PROGRAM NAME | MERIDIAN WEALTH MANAGEMENT, LLC |
| NO PROGRAM NAME | BOLTON GLOBAL ASSET MANAGEMENT |
| NO PROGRAM NAME | SUMMIT FINANCIAL, LLC |
| NO PROGRAM NAME | INSIGNEO ADVISORY SERVICES, LLC |
| NO PROGRAM NAME | HANCOCK WHITNEY INVESTMENT SERVICES INC. |
| NO PROGRAM NAME | STONEGATE INVESTMENT GROUP, LLC |
| NO PROGRAM NAME | J.P. MORGAN PRIVATE WEALTH ADVISORS LLC |
| RBC UNIFIED PORTFOLIO | RBC CAPITAL MARKETS, LLC |
| MANAGED PORTFOLIO ACCOUNT PROGRAM | HSBC SECURITIES (USA) INC. |
| BENJAMIN F. EDWARDS SEPARATELY MANAGED PORTFOLIOS | BENJAMIN F. EDWARDS & COMPANY, INCORPORATED |
| NEXT SELECT MULTI-MANAGER TRACK PROGRAM | NEXT FINANCIAL GROUP, INC. |
| NO PROGRAM NAME | BELPOINTE ASSET MANAGEMENT LLC |
| NO PROGRAM NAME | MWM GROUP LLC |
| CUSTOM ADVISORY PORTFOLIO ("CAP") | STIFEL, NICOLAUS & COMPANY, INCORPORATED |
| BAIRD ADVISORY CHOICE PROGRAM | ROBERT W. BAIRD & CO. INCORPORATED |
| NEXT SELECT SMA PROGRAM | NEXT FINANCIAL GROUP, INC. |
| ADVISOR ALLOCATION PROGRAM (AAP) | UBS FINANCIAL SERVICES INC. |
| RAYMOND JAMES PORTFOLIO SELECT UNIFIED MANAGED ACCOUNT PROGRAM | RAYMOND JAMES & ASSOCIATES, INC. |
| MANAGER ACCESS SELECT | LPL FINANCIAL LLC |
| ASSETMARK PLATFORM | ASSETMARK, INC. |
| MANAGED ACCOUNT COMMAND PROGRAM | CANTELLA & CO., INC. |
| FIDELITY MANAGED ACCOUNT XCHANGE (FMAX PLATFORM) | FIDELITY INSTITUTIONAL WEALTH ADVISER LLC |
| NO PROGRAM NAME | GLADOWSKY CAPITAL MANAGEMENT CORP |
| NO PROGRAM NAME | NEW EDGE WEALTH |
| NO PROGRAM NAME | ADVISORY SERVICES NETWORK |
| CLASSIC PLUS - FLEXUMA | CENTAURUS FINANCIAL, INC. |
| NO PROGRAM NAME | DAVENPORT & COMPANY LLC |
| ADVISORY PROGRAM | J.P. MORGAN SECURITIES LLC |
| KIS SEPARATELY MANAGED ACCOUNT | KEY INVESTMENT SERVICES LLC |
| PRIVATE ADVISOR NETWORK | WELLS FARGO CLEARING SERVICES, LLC |
| LOCKWOOD SEPARATELY MANAGED ACCOUNTS | SUMMIT BROKERAGE SERVICES, INC. |
| AMERIPRISE SELECT SEPARATE ACCOUNT | AMERIPRISE FINANCIAL SERVICES, LLC |
| MERRILL LYNCH INVESTMENT ADVISORY PROGRAM� | MANAGED ACCOUNT ADVISORS LLC |
| NO PROGRAM NAME | STEPHENS |
| INVESTMENT MANAGEMENT SERVICES | MORGAN STANLEY |
| WRAPMANAGER PLATFORM | WRAPMANAGER INC |
| CAMBRIDGE WEALTHPORT WRAP PROGRAM | CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. |
| VISIONARY WEALTH MANAGEMENT PROGRAM | VISIONARY WEALTH ADVISORS, LLC |
| PERSONAL WEALTH PORTFOLIOS PROGRAM | LPL FINANCIAL LLC |
| J.P. MORGAN CORE ADVISORY PORTFOLIO PROGRAM ("JPMCAP") | J.P. MORGAN SECURITIES LLC |
| SELECT PORTFOLIOS MANAGED ACCOUNTS PROGRAM | ESSEX FINANCIAL SERVICES, INC. |
| CHASE WEALTH MANAGEMENT PORTFOLIO MANAGER PROGRAM (PMP) | J.P. MORGAN SECURITIES LLC |
| NO PROGRAM NAME | DYNASTY WEALTH MANAGEMENT, LLC |
| MANAGED ACCOUNTS CONSULTING (MAC) PROGRAM | UBS FINANCIAL SERVICES INC. |
| REFERRAL MODEL PLATFORM | ASSETMARK, INC. |
| MANAGED ACCOUNT ACCESS� | CHARLES SCHWAB & CO., INC. |
| MANAGED ACCOUNT SERVICE PROGRAM | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
| THIRD PARTY MODELS PROGRAM | ENVESTNET PMC |
| MANAGED ACCOUNT CONSULTING (MAC) | D.A. DAVIDSON & CO. |
| UMA MARKETPLACE PROGRAM | ENVESTNET PMC |
| STIFEL OPPORTUNITY PROGRAM | STIFEL, NICOLAUS & COMPANY, INCORPORATED |
| CONSULTING AND EVALUATION SERVICES | MORGAN STANLEY |
| SECURIAN SIGNATURE | SECURIAN FINANCIAL SERVICES, INC. |
| UMBRELLA PORTFOLIOS INVESTMENT MANAGEMENT PROGRAM/GMP SERVICES PROGRAM | CITIGROUP GLOBAL MARKETS INC. |
| AMC PREMIER | TRUIST ADVISORY SERVICES, INC. |
| INVESTMENT COUNSELING SERVICE PROGRAM (ICS) | J.P. MORGAN SECURITIES LLC |
| MODEL ALLOCATIONS PORTFOLIOS PROGRAM | CITIGROUP GLOBAL MARKETS INC. |
| FUND STRATEGIST PORTFOLIO (FSP) PLATFORM | ENVESTNET PMC |
| AXIOM INTEGRATED ADVISOR SOLUTIONS PROGRAM | GENEOS WEALTH MANAGEMENT, INC. |
| PIONEER PROGRAM | JANNEY MONTGOMERY SCOTT LLC |
| CORE ASSET MANAGER PROGRAM | ORION PORTFOLIO SOLUTIONS, LLC |
| PRIMERICA ADVISORS LIFETIME INVESTMENT PROGRAM | PRIMERICA ADVISORS |
| PNC GLOBAL DIRECTIONS | PNC MANAGED ACCOUNT SOLUTIONS, INC. |
| UNISON | STIFEL, NICOLAUS & COMPANY, INCORPORATED |
| ADVISER'S PROGRAM | JANNEY MONTGOMERY SCOTT LLC |
| MANAGED ACCOUNT RESOURCE | ENVESTNET PMC |
| MANAGED360 PROGRAM | BNY MELLON ADVISORS, INC. |
| PREMIUM ACCESS STRATEGIES | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
| SELECT UMA� PROGRAM | MORGAN STANLEY |
| MULTIPLE OVERLAY MANAGER MODEL PROGRAM (UNIFIED MANAGED ACCOUNT PROGRAM) | BNY MELLON ADVISORS, INC. |
| E*TRADE UMA PROGRAM | BNY MELLON ADVISORS, INC. |
| STRATEGIC PORTFOLIO ADVISOR PROGRAM | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED |
| UMA | ARVEST WEALTH MANAGEMENT |
| PERSONALIZED UNIFIED MANAGED ACCOUNT PROGRAM | WELLS FARGO CLEARING SERVICES, LLC |
| DYNAMIC ALLOCATION PORTFOLIOS-UMA PROGRAM | CITIGROUP GLOBAL MARKETS INC. |
| VIRTUE CAPITAL MANAGEMENT, LLC WRAP FEE PROGRAM | VIRTUE CAPITAL MANAGEMENT, LLC |
| AVALON CORE EQUITY ACCOUNT | AVALON INVESTMENT & ADVISORY |
| BENJAMIN F. EDWARDS UNIFIED MANAGED ACCOUNT | BENJAMIN F. EDWARDS & COMPANY, INCORPORATED |
| UMA | HSBC SECURITIES (USA) INC. |
| NO PROGRAM NAME | JOHNSON FINANCIAL GROUP LLC |
| NO PROGRAM NAME | WORLD EQUITY GROUP, INC. |
| RECOMMENDED MANAGERS PROGRAM | ROBERT W. BAIRD & CO. INCORPORATED |
| MANAGER SELECTION PROGRAM | CITIGROUP GLOBAL MARKETS INC. |
| BENJAMIN F. EDWARDS WEALTH MANAGEMENT (EWM) PROGRAM | BENJAMIN F. EDWARDS WEALTH MANAGEMENT, LLC |
| FIDUCIARY SERVICES PROGRAM | CITIGROUP GLOBAL MARKETS INC. |
| STAR DUAL CONTRACT PROGRAM | OPPENHEIMER ASSET MANAGEMENT |
| SEI MANAGED ACCOUNT PROGRAM ("MAP") | SEI INVESTMENTS MANAGEMENT CORP |
| CHASE STRATEGIC PORTFOLIO PROGRAM ("CSP") | J.P. MORGAN SECURITIES LLC |
| OUTSIDE MANAGER PLATFORM | RAYMOND JAMES & ASSOCIATES, INC. |
| MANAGER SELECT | LPL FINANCIAL LLC |
Identifiers
| SEC RIA File Number | 801-67411 |
|---|---|
| SEC ERA File Number | 801-67411 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 142219 |
| Legal Entity Identifier | None |
Principal Office
620 8TH AVENUE48TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9:00 AM-5:00 PM
Tel: 212-805-2000, Fax: 877-638-5508
Chief Compliance Officer
BRIAN MURPHY
CHIEF COMPLIANCE OFFICER
620 8TH AVENUE
47TH FLOOR
NEW YORK
NY
United States
Tel:
212-805-2088
Fax:
877-638-5512
B*******@**************M
(Full email address available in API data)
Regulatory Contact
JASNA BRBLIC DOLGOV
GENERAL COUNSEL
620 8TH AVENUE
47TH FLOOR
NEW YORK
NY
United States
Tel:
212-805-2027
J******@**************M
(Full email address available in API data)
Industry Affiliates
| CLEARBRIDGE INVESTMENTS (NORTH AMERICA) PTY LIMITED | Other investment adviser, including financial planners |
| CLEARBRIDGE INVESTMENTS, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| FRANKLIN ADVISERS, INC. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| FRANKLIN DISTRIBUTORS, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| FRANKLIN MANAGED OPTIONS STRATEGIES, LLC | Other investment adviser, including financial planners |
| FRANKLIN MUTUAL ADVISERS, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| FRANKLIN TEMPLETON INSTITUTIONAL, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| FRANKLIN TEMPLETON INVESTMENTS CORP. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| MARTIN CURRIE INC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Other investment adviser, including financial planners |
| ROYCE INVESTMENT PARTNERS | Other investment adviser, including financial planners |
| TEMPLETON ASSET MANAGEMENT LTD. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| TEMPLETON GLOBAL ADVISORS LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| TEMPLETON INVESTMENT COUNSEL, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| WESTERN ASSET MANAGEMENT COMPANY | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LEGG MASON, INC. | Domestic Entity | – | SOLE MEMBER | 10/2006 | > 75% |
| MURPHY, TERRENCE, JAMES | Individual | – | CHIEF EXECUTIVE OFFICER | 09/2010 | < 5% |
| MURPHY, TERRENCE, JAMES | Individual | – | DIRECTOR | 03/2011 | < 5% |
| MURPHY, BRIAN, R | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2023 | < 5% |
| LIST, CYNTHIA, KAREN | Individual | – | CHIEF FINANCIAL OFFICER | 12/2011 | < 5% |
| TARALLO, NICOLE, LORRAINE | Individual | – | CHIEF OPERATING OFFICER | 04/2013 | < 5% |
| FRANKLIN RESOURCES, INC. | Domestic Entity | LEGG MASON, INC. | SOLE SHAREHOLDER OF LEGG MASON, INC. | 07/2020 | > 75% |
| PLAFKER, JED, ANDREW | Individual | – | DIRECTOR | 09/2020 | < 5% |
| DOLGOV, JASNA, BRBLIC | Individual | – | GENERAL COUNSEL | 01/2023 | < 5% |