Morningstar
•
May 07, 2026
Franklin Resources, Inc.: Franklin Resources Earnings: Wamco Outflows Continue To Wane With Organic AUM Growth Positive in Q2
Symbols
BENSector(s)
Financial Services
Rating
Current Price
32.04
Fair Value
Economic Moat
Stewardship
Summary
Franklin Resources provides investment services for individual and institutional investors. At the end of December 2025, Franklin had $1.684 trillion in managed assets, composed primarily of equity (41%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (16%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of AUM) and institutional accounts (40%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based
Upgrade to begin using premium research reports and get so much more.
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
UpgradeRelated Reports
Technical Assessment: Bullish in the Intermediate-Term
May 12, 2026
•
IVZ, ETN
Analyst Report: W.W. Grainger, Inc.
May 07, 2026
•
GWW
Market Digest: CAH, SHOP, DXCM, PLTR, GFS
May 06, 2026
•
SHOP, GFS, CAH, DXCM, PLTR
Analyst Report: Cardinal Health Inc
May 06, 2026
•
CAH
AFL: Lowering target price to $126.00
May 06, 2026
•
AFL
Analyst Profile
Greggory Warren
Sector Strategist
Greggory Warren, CFA, is a financial-services sector strategist for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers the traditional U.S.- based asset managers, as well as Berkshire Hathaway.Before assuming his current role in 2017, Warren covered the financial-services sector as a senior analyst since late 2008. Before that time, he covered non-alcoholic beverage manufacturers and distributors, packaged food firms, food service distributors, and tobacco companies. Prior to joining Morningstar in 2005, Warren worked as a buy-side equity analyst for more than seven years, covering consumer staples and consumer cyclicals.Warren holds a bachelor's degree in accounting and English from Augustana College. He also holds the Chartered Financial Analyst® designation and is a member of the CFA Society of Chicago. Since 2014, Warren has been selected to participate on the analyst panel at Berkshire Hathaway's annual meeting, asking questions directly of Warren Buffett and Charlie Munger. He ranked second in the investment services industry in The Wall Street Journal's annual “Best on the Street” analysts survey in 2013, the last year the survey was conducted.
