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Franklin Templeton

Global asset management and investment services

Rotational Development Futures Program - Fiduciary Trust

Full-TimeUpdated on 10/23/2026
$85k/yr+ Annual discretionary bonus + 401(k) match
Entry
Bachelor's
New York, NY, USA
In PersonThe associate joins the New York, NY office.
Finance & BankingWealth Management & Financial Advisory
No H1B Sponsorship

About the job

Requirements
  • A bachelor's degree in Finance, Economics, Business, or a related field by June 2027.
  • Internship or relevant experience in wealth management, trust and estate services, financial planning, or a related financial services field.
  • Proficiency in Microsoft Excel and other digital tools.
  • Ability to use data and digital tools to support analysis and decision-making.
  • Strong analytical thinking and problem-solving skills.
  • Ability to synthesize complex information and communicate insights clearly.
  • Ability to work effectively in a fast-paced environment.
  • Ability to build effective working relationships across teams.
  • Detail-oriented, highly organized, and committed to producing accurate, high-quality work.
  • Demonstrated interest in wealth management, trust and estate services, financial planning, and helping clients achieve clients’ long-term financial goals.
  • Interest in delivering client service with integrity.
Responsibilities
  • Complete four six-month rotations, contributing to team goals and building professional skills.
  • Gain foundational exposure to Franklin Templeton’s products and clients during the first rotation.
  • Build a broader understanding of the firm before moving into rotations more closely aligned to the strategic focus area.
  • Perform project work and collaborate across functions in areas related to wealth management, trust administration, client service, and investment oversight.
  • Develop technical expertise and a comprehensive understanding of how Fiduciary Trust supports individuals, families, and institutions in achieving long-term financial and legacy goals.
  • Participate in on-the-job experience, training, networking opportunities, and mentorship from a Franklin Templeton leader.
  • Join the New York, NY office in Fall 2027.

About the company

Franklin Templeton is an asset management firm that provides a variety of investment products and services to different types of clients, including individual investors and institutions. The company specializes in mutual funds, systematic investment plans (SIPs), and lump-sum investment options, focusing on active investment management. This means they use their research and expertise to make informed investment decisions for their clients. Franklin Templeton stands out from its competitors with a strong distribution network across India, having offices in over 34 cities and collection centers in more than 100 locations, along with a comprehensive digital platform that offers tools for investors. The company's goal is to effectively manage assets for their clients while providing a range of financial services that cater to both retail and institutional investors.

Company Size

51-200

Company Stage

IPO

Headquarters

San Mateo, California

Founded

1947

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Simplify's Take

What believers are saying

  • August 2026 brought $8.0 billion long-term net inflows.
  • Fiscal Q3 2026 generated $18.4 billion long-term net inflows and $11.8 billion alternatives fundraising.
  • HashKey is distributing Franklin OnChain U.S. Government Liquidity Fund to Asia investors.

What critics are saying

  • Jordan Strah sued Franklin Templeton in April 2026 over alleged retaliation and fund manipulation.
  • Western Asset Management produced $4.1 billion of outflows in Q2 2026.
  • Tokenized funds and private markets still contribute tiny profits versus $9.3 billion revenue dependence.

What makes Franklin Templeton unique

  • Franklin Templeton reached $1.83 trillion AUM on August 31, 2026.
  • Its tokenized funds reached $2.4 billion at June 30, 2026.
  • Morningstar, Apollo, and JPMorgan chose Franklin for public-private model portfolios.

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Benefits

  • Professional Development Budget
  • Flexible Work Hours
  • Hybrid Work Options

Company News

Yahoo Finance
Sep 7th, 2026
Franklin Templeton CFO sells 61,533 shares worth $2.1M after 33% stock rally

Matthew Nicholls, Co-President, CFO and COO of Franklin Templeton, sold 61,533 shares of the company's common stock on 31 August for approximately $2.1 million, according to an SEC filing. The transaction was a non-discretionary event for tax purposes. Following the sale, Nicholls retains approximately 717,000 shares held directly, valued at around $24.49 million. A portion of these holdings represents unvested restricted stock units. The shares were sold at $34.15 each. Franklin Templeton's stock closed at $33.10 on 1 September. The San Mateo-based asset management firm has a market capitalisation of $17.2 billion and reported trailing twelve-month revenue of $9.3 billion.

Yahoo Finance
Sep 6th, 2026
Franklin Templeton's $8B inflows and Asia tokenized fund push reshape growth outlook

Franklin Templeton has announced preliminary assets under management of $1.83 billion at 31 August 2026, supported by $8.0 billion in long-term net inflows. The asset manager has expanded its tokenised fund distribution through a collaboration with HashKey Holdings to offer the Franklin OnChain U.S. Government Liquidity Fund to professional digital asset investors in Asia. The partnership extends Franklin Templeton's tokenised capabilities into regulated Asian digital asset markets. The company's narrative projects $9.4 billion revenue and $1.4 billion earnings by 2029, representing relatively flat yearly revenue growth. Franklin Templeton also declared a quarterly cash dividend of $0.33 per share, payable on 9 October 2026 to stockholders of record on 30 September 2026.

Yahoo Finance
Jul 31st, 2026
Franklin Resources reports record $1.8T AUM with $18.4B quarterly long-term net inflows

Franklin Resources reported net income of $171.5 million, or $0.31 per diluted share, for the quarter ended 30 June 2026, compared to $268.2 million, or $0.49 per share, in the previous quarter. Year-on-year, net income rose from $92.3 million, or $0.15 per share, in the same quarter of 2025. The asset manager recorded $18.4 billion in long-term net inflows during the quarter, bringing fiscal year-to-date inflows to $63.3 billion. Assets under management reached a record $1.8 trillion. Alternative assets hit a record $294.2 billion, with $11.8 billion fundraised during the quarter. Private markets fundraising totalled $33.0 billion fiscal year-to-date, exceeding the firm's annual target.

Yahoo Finance
Jul 10th, 2026
Franklin Templeton: AI infrastructure cycle to run through 2027 as chip index jumps 78%

Franklin Templeton senior investment strategist Katrina Dudley projects the artificial intelligence infrastructure investment cycle could remain durable through 2027 and potentially into 2028. The Philadelphia Semiconductor Index has surged 78% this year, though recent volatility has prompted questions about momentum. Dudley said bearish arguments focusing on supply-chain inefficiencies and excessive spending may sound convincing, but current company spending appears rational with sufficient returns on investment. She described recent pullbacks as healthy price discovery rather than structural warnings. SK Hynix is preparing a potential US listing of approximately $28bn in American depositary receipts. Samsung Electronics reported a nineteenfold increase in quarterly operating profit, though shares fell more than 10% in Seoul. Dudley emphasised that continued confirmation of positive returns on capital deployments will be the key signal for sustained AI spending.

Yahoo Finance
Jul 10th, 2026
Franklin Resources faces market jitters amid strong earnings momentum and leadership changes

Franklin Resources faces pressure from geopolitical tensions and Federal Reserve rate-hike concerns affecting asset managers' fee income and portfolio values. The risk-off sentiment contrasts with the firm's strong recent earnings surprises. The company appointed Sue Wilchusky as chief administrative officer at Fiduciary Trust International, strengthening senior leadership in its wealth and fiduciary unit. This move supports growth initiatives in advisory and alternatives, central to Franklin's longer-term ambitions. Franklin Resources' narrative projects $9.0 billion revenue and $1.3 billion earnings by 2029, requiring flat yearly revenue growth and a $0.6 billion earnings increase from current $677.6 million. Analysts forecast revenue near $9.3 billion by 2029, though fee compression and net outflows present ongoing challenges.