Franklin Portfolio Associates LLC (Boston)


Franklin Portfolio Associates LLC is a large advisory firm based in Boston. It manages $26.7 billion of regulatory assets for 93 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Franklin Portfolio Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Franklin Portfolio Associates: assets under management

The assets under management (AUM) of Franklin Portfolio Associates LLC is $26.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.7 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $287.11 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franklin Portfolio Associates LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Franklin Portfolio Associates LLC

Phillip Nicholas Maisano has been acting as President since 1 Dec 2006. Oliver Ellsworth Buckley joined the executive team most recently as the Chief Executive Officer, Cio & Director Of Manager.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Stephen Cone President, coo & ceo. director of manager 1 Jun 1982 Other 4373870
Mary Margaret Mcdermott Holland Senior vice president 1 Jun 1982 Other 4373876
John Joseph Nagoniak Chairman of the board of manager 1 Jun 1982 Other 4334095
John Joseph Nagorniak Chairman of the board of manager 1 Jun 1982 Other 4334095
David Tsiang Jiang Senior vice president 1 Dec 1994 Other 4373879
Christopher Mark Condron Director of manager 1 Sep 1995 Other 51937
Ronald Philip O'hanley Director of manager 1 Mar 1997 Other 4331592
Paul Francis Healey Senior vice president, director of manager 1 Jul 1997 Other 4373875
Gregg Edward Pendergast Vice president 1 Dec 1997 Other 4373880
Ajay Zutshi Vice president 1 Mar 1998 Other 4373888
William Brian Tunney Treasurer 1 Sep 1998 Other 4373886
Nancy Kristen Kinney Vice president 1 Oct 1998 Other 1686221
Stephen Edward Canter Director of manager 1 Feb 1999 Other 1837432
Boston Safe Deposit And Trust Company Member 1 Apr 1999 75% - 100% 04-1107280
Michael Foster Dunn Senior vice president 1 Oct 1999 Other 4373873
Michael Joshua Savitz Chief legal officer, clerk 1 Jun 2000 Other 4373882
Oliver Ellsworth Buckley Senior vice president 1 Sep 2000 Other 2488162
Llc Franklin Portfolio Holdings Member/manager 1 Dec 2000 Other 04-2654090
Stephen Leo Sexeny Vice president 1 Feb 2001 Other 2400108
Guy Hudson Director of manager 1 Jun 2001 Other 4371336
John Verity Doggett Vice president 1 Apr 2002 Other 1440143
Ian David Arvin Vice president 1 Mar 2003 Other 4649774
Kristin Julia Crawford Vice president 1 Jul 2003 Other 4702856
Laurie Campbell Knapp Chief legal officer/clerk 1 Aug 2003 Other 1294012
Mellon Trust Of New England N.A. Member 1 Sep 2003 75% - 100% 04-1107280
Langton Charles Garvin Senior vice president 1 Apr 2004 Other 4802135
Francis David Antin Director of manager 1 Jun 2004 Other 4333847
Equity(Ma)Trust (Emat) Member 1 Jul 2004 75% - 100% 20-1428181
Equity(Ma)Trust (Emat) Member 1 Aug 2004 75% - 100% 20-1428181
Glenda W Kao Vice president 1 Jan 2005 Other 4933981
Patrick Michael Slattery Vice president 1 Jul 2005 Other 5065490
Laurie Campbell Knapp Clerk 1 Aug 2005 Other 1294012
Oliver Ellsworth Buckley Executive vice president & cio 1 Jan 2006 Other 2488162
Scott Edward Wennerholm Director of manager 1 Jan 2006 Other 2398744
Phillip Nicholas Maisano Director 1 Dec 2006 Other 317558
Fixed Income (Ma) Trust (Fimat) Sole member 1 Dec 2006 75% - 100% 86-1067827
Mam (Ma) Holding Trust Sole member 1 Dec 2006 75% - 100% 86-1067827
Oliver Ellsworth Buckley Chief executive officer, cio & director of manager 1 Jul 2008 Other 2488162
John Stephen Cone Chairman of the board 1 Jul 2008 Other 4373870
Paul Francis Healey President, coo & director of manager 1 Jul 2008 Other 4373875

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mellon Financial Corporation Sole shareholder 1 Dec 2000 75% - 100% 25-1233834
Boston Safe Deposit And Trust Company Sole member 1 Dec 2000 75% - 100% 04-1107280
N.A. Mellon Trust Of New England Sole member 1 Dec 2000 75% - 100% 04-1107280
Equity (De) Trust 1 (Edet1) Indirect owner 1 Aug 2004 75% - 100% 20-1428198
Equity (De) Trust 2 (Edet 2) Indirect owner 1 Aug 2004 25% - 50% 20-1428207
Fixed Income (De) Trust (Fidet) Indirect owner 1 Dec 2006 25% - 50% 86-1067823
Mam (De) Trust Indirect owner 1 Dec 2006 25% - 50% 86-1067823
The Bank Of New York Mellon Corporation Sole shareholder 1 Jul 2007 75% - 100% 13-2614959

Based in Boston

The principal office where Franklin Portfolio Associates LLC performs its advisory services is located at One Boston Place, Boston, MA 02108 4407, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 617-248-4500 or by fax 617-248-4540. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.franklinportfolioassociates.com.