Franklin Resources, Inc. BEN reported its preliminary assets under management (AUM) of $1.66 trillion as of Sept. 30, 2025, which increased nearly 1% from the prior month.
The increase in the AUM balance was due to the positive impact of markets, which was partially offset by preliminary long-term net outflows of $11 billion, inclusive of $13 billion long-term net outflows at Western Asset Management.
Breakdown of BEN's September AUM Based on Asset Class
Franklin recorded equity assets of $685.9 billion, which increased 1.9% from the previous month. Alternative AUM also increased slightly from the prior month to $262.6 billion. However, the fixed income AUM of $437.1 billion at the end of September 2025 decreased 1.3% from the prior month.
Multi-asset AUM was $194.1 billion, up 1.9% from August 2025. Additionally, the cash management balance was $78.3 billion, up 2.2% from the previous month.
Our Viewpoint on Franklin
September reflected continued improvement for BEN, with total AUM growth supported by positive market movements despite persistent outflows. The modest gains across equity, multi-asset, alternative, and cash management segments highlight steady progress. Moreover, Franklin’s ongoing inorganic expansion, including the Apera acquisition, is expected to further strengthen its long-term growth prospects.
BEN's Price Performance and Zacks Rank
Over the past year, BEN shares have gained 21.5% compared with the industry’s growth of 3.8%.
Image Source: Zacks Investment ResearchFranklin currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Stocks to Consider
Two stocks, AllianceBernstein Holding L.P. AB and Victory Capital Holdings, Inc. VCTR, will announce their monthly performances in the upcoming days.
Over the past year, shares of AB and VCTR have risen 10.7% and 15.5%, respectively.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Franklin Resources, Inc. (BEN): Free Stock Analysis Report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Victory Capital Holdings, Inc. (VCTR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research