Franklin Templeton Institutional, Llc
- Regulatory AUM
- $29.6B
- Discretionary
- $29.5B
- Clients
- 113
- Avg AUM / client
- $262M
- Accounts
- 120
- Employees
- 127
AUM over time
Annual snapshots from Form ADV filings · as of Feb 24, 2026
Asset allocation (SMA assets by investment type)
as of Feb 24, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 9 | $86.5M | 0.29% |
| Investment companies | 34 | $11.5B | 38.9% |
| Pooled investment vehicles (non-investment companies) | 39 | $6.6B | 22.3% |
| Pension and profit sharing plans | 15 | $5.9B | 19.9% |
| Charitable organizations | 5 | $151M | 0.51% |
| State or municipal government entities | Fewer than 5 clients | $697M | 2.36% |
| Insurance companies | 5 | $2.1B | 7.24% |
| Sovereign wealth funds and foreign official institutions | 6 | $2.5B | 8.52% |
| Corporations and other businesses | Fewer than 5 clients | $10.5M | 0.04% |
| Other | Fewer than 5 clients | $309K | 0.0% |
Private funds (8)
Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $387M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Lake Montauk Real Estate Fund Of Funds, L.P. | Real Estate Fund | Delaware | $144M | 2 |
| Mdp Re 2015, L.P. | Real Estate Fund | Delaware | $70.3M | 2 |
| Franklin Templeton Private Real Estate Fund Iib, L.P. | Real Estate Fund | Delaware | $64.6M | 7 |
| Franklin Templeton Private Real Estate Fund Iia, L.P. | Real Estate Fund | Delaware | $37.5M | 6 |
| Eurolog L.P. | Real Estate Fund | Cayman Islands | $20.7M | 1 |
| Emerging Manager Real Estate Fund Of Funds, Lp | Real Estate Fund | Delaware | $20.0M | 4 |
| Franklin Templeton Private Real Estate Fund, L.P. (Series B/C) | Real Estate Fund | Delaware | $17.9M | 5 |
| Franklin Templeton Private Real Estate Fund, L.P. (Series A) | Real Estate Fund | Delaware | $12.2M | 6 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Leeward Construction, Inc. Employees Retirement Plan Leeward Construction, Inc. | 2024 | |
| American Electric Power System Retirement Plan American Electric Power Service Corporation | 2024 | |
| Carefirst, Inc. Retirement Plan Carefirst, Inc. | 2024 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Yun, William, Young | Executive Vice President | Oct 2001 (25y) | Less than 5% | |
| Plafker, Jed, Andrew | Executive Vice President | Apr 2009 (17y) | Less than 5% | |
| Desai, Sonal | Executive Vice President | Dec 2018 (8y) | Less than 5% | |
| Mccarthy, Michael, Paul | Executive Vice President | Dec 2018 (8y) | Less than 5% | |
| Merchant, Thomas, Clifton | Chief Legal Officer | May 2022 (4y) | Less than 5% | |
| Davis, Bjorn, Anthony | Chief Compliance Officer | Feb 2023 (4y) | Less than 5% | |
| Avigdor, Leeor, Paul | Treasurer | May 2023 (3y) | Less than 5% | |
| Curtis, Jonathan, Tourtellotte | Executive Vice President | Dec 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Franklin Resources, Inc. | Member | Oct 2012 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (8, $387M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Lake Montauk Real Estate Fund Of Funds, L.P. | Real Estate Fund | $144M | $0 | 2 |
| Mdp Re 2015, L.P. | Real Estate Fund | $70.3M | $0 | 2 |
| Franklin Templeton Private Real Estate Fund Iib, L.P. | Real Estate Fund | $64.6M | $5.0M | 7 |
| Franklin Templeton Private Real Estate Fund Iia, L.P. | Real Estate Fund | $37.5M | $5.0M | 6 |
| Eurolog L.P. | Real Estate Fund | $20.7M | $0 | 1 |
| Emerging Manager Real Estate Fund Of Funds, Lp | Real Estate Fund | $20.0M | $25.0M | 4 |
| Franklin Templeton Private Real Estate Fund, L.P. (Series B/C) | Real Estate Fund | $17.9M | $5.0M | 5 |
| Franklin Templeton Private Real Estate Fund, L.P. (Series A) | Real Estate Fund | $12.2M | $5.0M | 6 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Leeward Construction, Inc. Employees Retirement Plan | Leeward Construction, Inc. | 169 | $20.2M | 07/01/2024 |
| American Electric Power System Retirement Plan | American Electric Power Service Corporation | 15,217 | $4.1B | 01/01/2024 |
| Carefirst, Inc. Retirement Plan | Carefirst, Inc. | 1,394 | $546M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/24/2026 | 6.15 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- BNY Mellon $3.9B (13% of AUM) Feb 2026
- State Street $3.5B (12% of AUM) Feb 2026
- Northern Trust $1.5B (5% of AUM) Feb 2026
- J.P. Morgan $1.5B (9% of AUM) Jul 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 24, 2026.
View current Form ADV (SEC/IAPD) ↗