Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Franklin Targets 20,000 Advisors with its New Campaign Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, October 27, 2009

Franklin Targets 20,000 Advisors with its New Campaign

Reported by Neil Anderson, Managing Editor

Last quarter, Franklin Templeton Investments started up a sales and marketing campaign to encourage advisors to sell equity products. On Tuesday the mutual fund family's parent, Franklin Resources, revealed the campaign in its fourth quarter report. Franklin works with more than 130,000 advisors, and it focused the campaign "on the 20,000 advisors who sell only fixed-income products today."

Franklin's assets under management and net income are on the rise. For the quarter ended September 30, 2009), the San Mateo, California-based asset manager earned net income of $367.4 million, up from $297.7 million in the quarter ended June 30, 2009 and $300.5 million in the quarter ended September 30, 2008. Its AUM climbed, from $507.3 billion on September 30, 2008 and $451.2 billion on June 30, 2009, to $523.4 billion on September 30, 2009. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use