Franklin Templeton was founded in 1947 by Rupert Johnson Sr. in New York City, [[United States of America (USA)]] later relocating to San Mateo, California. Key developments: - 1947: Founded as Franklin Distributors - 1969: Acquired Templeton Funds - 1992: Listed on [[New York Stock Exchange (NYSE)]] - 2020: Acquired Legg Mason - 2024: Launched spot [[Bitcoin]] [[ETF]] Ownership: - Publicly traded ([[New York Stock Exchange (NYSE)]]: BEN) - Johnson family maintains significant control - CEO: Jenny Johnson Services: - Asset management - Mutual funds - ETFs - Alternative investments - Digital assets - Institutional services The firm has grown from a mutual fund company to a global investment manager, combining traditional investment expertise with digital asset innovation.