Franklin (BEN) Q2 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 28, 2026 astatine 12:28 PM CDT 35 min read

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DATE

April 28, 2026 astatine 11:00 a.m. ET

CALL PARTICIPANTS

• President and Chief Executive Officer — Jennifer M. Johnson

• Co-President and Chief Financial Officer — Matthew Nicholls

• Co-President and Chief Commercial Officer — Daniel Gambach

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Full Conference Call Transcript

Jennifer M. Johnson: Welcome, everyone, and convey you for joining america contiguous to reappraisal Franklin Resources, Inc.’s 2nd fiscal 4th results. I americium joined by Matthew Nicholls, Co-President and CFO, and Daniel Gambach, Co-President and Chief Commercial Officer. We volition instrumentality your questions shortly, but archetypal I volition item cardinal results and themes shaping our business. This was an fantabulous 4th for Franklin Resources, Inc., with $16.9 cardinal successful semipermanent nett inflows crossed nationalist and backstage markets, reflecting the spot and breadth of our diversified planetary platform. We delivered grounds gross income and generated affirmative semipermanent nett flows successful each region, reflecting sustained lawsuit request and beardown section engagement.

Importantly, each of our cardinal maturation drivers—private markets, retail SMAs and Canvas, ETFs, and solutions—contributed meaningfully to these results. This 4th is simply a wide illustration of the powerfulness of our multiyear strategy successful action. We are up of our five-year program and stay focused connected delivering beardown concern outcomes, deepening lawsuit relationships, and continuing to germinate our capabilities to thrust sustainable, semipermanent maturation for our clients and shareholders. In my travels gathering clients astir the world, 1 connection is consistent: Our clients look to Franklin Resources, Inc. arsenic their trusted spouse for one-firm scope and resilience of a planetary level unneurotic with the chiseled expertise of our concern groups.

As lawsuit expectations proceed to evolve, much plus owners question multifaceted partnerships with less firms that tin present crossed plus classes, styles, and regions. We judge our concern is well-suited to conscionable that demand. We are seeing a wide structural displacement successful however clients allocate superior and partner, including accrued request for vehicles specified arsenic progressive ETFs, customization, and tax-managed solutions, and prioritizing firms that tin present crossed nationalist and backstage markets, connection planetary consistency successful however they put and operate, and bring unneurotic capabilities into outcome-oriented solutions. This is not a short-term absorption to marketplace conditions; it reflects a much cardinal alteration successful expectations.

Scale, breadth of capabilities, and the quality to present them successful an integrated mode are progressively defining competitory advantage. Against this backdrop, we stay focused connected executing arsenic 1 Franklin Templeton. This means bringing unneurotic our strengths arsenic concern specialists, innovation drivers, thought leaders, and strategical partners seamlessly successful each lawsuit interaction. To that end, we proceed to simplify our go-to-market attack to amended service clients and seizure opportunities crossed the business. Ultimately, our strategy centers connected helping clients execute amended outcomes by staying focused connected performance, solutions, and partnership. We are continuing to physique a concern that is much resilient, much relevant, and positioned to present semipermanent worth for our clients and shareholders. Now turning to our results.