Separately Managed Accounts
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Benefits to investors
To open a separately managed account, investors and their financial advisors select an investment manager to create a personalized portfolio that meets their requirements. Account minimums are generally $100,000 or $250,000, depending on equity or fixed income investments, and accounts can generally be funded with securities in kind or cash. As the owner of a separate account, an investor can generally restrict the purchase of certain securities or types of securities.
Separately managed accounts also offer the potential for more tax flexibility through tax gain/loss selling.
What we offer
Franklin Templeton Portfolio Advisors (FTPA), through its investment management divisions of Franklin Portfolio Advisors (FPA) and Templeton Portfolio Advisors (TPA), along with affiliated entities, offers global and domestic separately managed account products and services to high-net-worth individual and institutional clients, through broker/dealers, independent broker/dealers, banks and registered investment advisors.
- If you are a Financial Advisor, please log in or register for access to our advisor website for access to marketing materials and presentations about separately managed accounts.
- Potential investors please contact your financial advisor for more information or send us an email.
Separately Managed Account Portfolios
Descriptions of the separately managed account portfolios we offer are listed below.
Fixed Income
| Description | |
|---|---|
Multi Strategy Municipal Fixed IncomeA hybrid portfolio comprised of 60% in individual intermediate-term municipal bonds and 40% in a high yield, tax-free pooled investment vehicle. |
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Intermediate Fixed IncomeInvest in U.S. government bonds, U.S. agency securities and corporate bonds, with the objectives of producing a high level of current income and generating total return opportunities. |
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Intermediate Municipal Fixed IncomeInvest in current coupon bonds with the goal of producing the highest possible tax-free income, coupled with preservation of capital. |
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U.S. Opportunistic Core Plus Fixed IncomeMulti-sector fixed income strategy that invests in government, securitized and corporate sectors and may tactically invest up to 30% of the portfolio in high yield, bank loans, emerging market debt and non-U.S. dollar securities. |
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U.S. Core Fixed IncomeMultisector investment-grade fixed income strategy that invests in government, securitized and corporate sectors. |
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Global Government Fixed IncomeGlobal investment-grade fixed income strategy that invests in government bonds. |
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U.S. Opportunistic Municipal Fixed IncomeA core holding of municipal bonds, with the added flexibility to invest in taxable issues when the portfolio management team believes that doing so will enhance the overall performance returns on a tax-efficient basis. |
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International
| Description | |
|---|---|
Global EquityApproximately 70 to 100 international and U.S. equities of companies across all capitalization levels, with emerging markets exposure. A developed markets ex-U.S. equity strategy, which excludes emerging market countries, is also available. |
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International EquityTypically 60 to 100 stock holdings with an annual turnover range averaging 20%-25% under normal market conditions. A developed markets ex-U.S. equity strategy, which excludes emerging market countries, is also available. |
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Global BalancedApproximately 65% international and U.S. equities and 35% U.S. Treasury and agency bonds with the goal of providing long-term capital appreciation and consistent rates of return. |
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Developed Markets ex. U.S. Equity (TPA)Investment opportunity focused entirely on developed markets outside the U.S. Typically, portfolios contain 55 to 65 stock holdings with an expected annual turnover range averaging 20%-25% under normal market conditions. |
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Growth
| Description | |
|---|---|
All Cap GrowthApproximately 70 to 100 U.S. equities of companies of any size or any industry, demonstrating distinct competitive advantages and the potential for sustainable growth that may not be reflected in current valuations. |
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Small Cap GrowthApproximately 60 to 100 U.S. equities of companies that are sector leaders in their emerging growth phase with sustainable, competitive advantages that can achieve superior, long-term results. |
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Value
| Description | |
|---|---|
Large Cap Value-Yield FocusGenerally 35 to 55 stocks with a minimum market capitalization of $2 billion at the time of investment. |
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Large Cap Value BalancedApproximately 60% stocks and 40% high quality, intermediate-term taxable bonds. |
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Large Cap Value Balanced-MunicipalApproximately 60% stocks and 40% high quality, intermediate term municipal bonds. |
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Footnotes
Franklin Portfolio Advisors claims compliance with the Global Investment Performance Standards (GIPS®).
Franklin Portfolio Advisors ("FPA" or the "firm") manages domestic equity and fixed income portfolios for high net worth individuals and institutional clients, applying a bottom-up, research-oriented process that utilizes proprietary screening models and top-down risk controls in managing its portfolios. FPA is a division of Franklin Templeton Portfolio Advisors, Inc. ("FTPA"), a subsidiary of Franklin Resources, Inc. ("FRI"). In addition to relying on its own portfolio managers and analysts, FPA utilizes the experience, resources, and extensive research capabilities of affiliated Franklin entities (together, the firm "Franklin"), to conduct rigorous fundamental and quantitative analysis for equity, fixed income (taxable and tax-free) and other related strategies. At FPA, brokerage, administrative, custodial and investment management fees are charged together as a percentage of the portfolios' assets (comprehensive fee or "wrap-fee") or may in some instances be charged separately (unbundled fee). Franklin Portfolio Advisors was previously known as the Franklin Private Client Group. The name changed effective October 1, 2004.
To receive a complete list and description of FPA's composites and/or a presentation that adheres to the GIPS® standards for any composite, contact your Franklin Templeton Portfolio Advisors representative at (800) 822-8464.
Templeton Portfolio Advisors claims compliance with the Global Investment Performance Standards (GIPS®).
Templeton Portfolio Advisors ("TPA" or the "firm") manages portfolios for high net worth individuals and institutional clients, applying a bottom-up, value oriented, long-term investment style, focusing on global and non-U.S. markets. TPA is a division of Franklin Templeton Portfolio Advisors, Inc. ("FTPA"), a subsidiary of Franklin Resources, Inc. ("FRI"). In addition to relying on its own portfolio managers and analysts, TPA utilizes the experience, resources, and extensive research capabilities of affiliated Templeton entities (together, the firm "Templeton") that apply the same bottom-up, value-oriented global investment style. At TPA, brokerage, administrative, custodial and investment management fees may be charged together as a percentage of the portfolios' assets (comprehensive fee or "wrap-fee") or may in some instances be charged separately (unbundled fee). Templeton Portfolio Advisors was previously known as the Templeton Private Client Group. The name changed effective October 1, 2004.
To receive a complete list and description of TPA's composites and/or a presentation that adheres to the GIPS® standards for any composite, contact your Franklin Templeton Portfolio Advisors representative at (800) 822-8464.
Franklin claims compliance with the Global Investment Performance Standards (GIPS®).
Franklin (the "firm") encompasses the equity, fixed income and balanced accounts managed by Franklin Advisers, Inc., and related Franklin affiliates, including, effective 1 January 2007, the equity accounts managed by the institutional investment teams of Franklin Templeton Institutional, LLC under the former firm name of Fiduciary Global Advisors. The combined equity assets of Franklin and Fiduciary Global Advisors form the Franklin Global Advisers unit of Franklin going forward. Effective 1 January 2006, the fixed income assets managed from that date forward by Franklin Templeton Institutional, LLC ("FTI") or its related affiliates (managed previously by Fiduciary Trust Company International – Institutional Division or "FTCI's Institutional Division") that went through the institutional portfolio review process were combined with the fixed income assets of Franklin to form the Franklin Templeton Fixed Income unit of Franklin.
To receive a complete list and description of Franklin's composites and/or a presentation that adheres to the GIPS® standards for any composite, contact your Franklin Templeton Portfolio Advisors representative at (800) 822-8464.
Fiduciary Trust Company International ("FTCI", "Fiduciary Trust", or the "firm") encompasses all accounts managed by the High Net Worth ("HNW") investment teams of FTCI for the benefit of individuals (including trusts, estates, or other accounts affiliated with individuals), and institutions. All of the HNW portfolio managers within the firm, as defined, are subject to the firm's individual portfolio review process.
Fiduciary Trust Company International is not GIPS® compliant.
To receive a complete list and description of FTCI's composites and/or a presentation for any composite, contact your Franklin Templeton Portfolio Advisors representative at (800) 822-8464.
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