Franklin Resources, Inc. (BEN Quick QuoteBEN - Free Report) reported its preliminary assets under management (AUM) of $1.53 trillion as of March 31, 2025, a 2.4% decrease from the prior month.

The decline in the AUM balance was due to the impacts of negative markets and preliminary long-term net outflows of $4 billion, inclusive of $7 billion of long-term net outflows at Western Asset Management.

Breakdown of BEN’s AUM Based on Asset Class

Franklin recorded equity assets of $597.6 billion, which fell 4.4% from the previous month. The fixed income AUM of $445.4 billion at the end of March 2025 declined 1.7% from the prior month. Alternative AUM increased marginally to $250.9 billion from the prior month.

Multi-asset AUM was $177,2 billion, which fell nearly 1% from February 2025. Similarly, the cash management balance was $62.5 billion, down 6% from the previous month.

Our Viewpoint on Franklin

March was challenging for BEN due to negative markets and long-term net outflows. Nonetheless, increased alternative AUM and Franklin’s efforts to grow inorganically supported its financials.

Over the past six months, BEN shares have declined 5.3% compared with the industry’s 10.8% fall.

Image Source: Zacks Investment Research

Franklin currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Two other stocks, ALLIANCE CAP MANAGEMENT L.P.  (AB Quick QuoteAB - Free Report) and Victory Capital Holdings, Inc.  (VCTR Quick QuoteVCTR - Free Report) , will announce their monthly performances in the upcoming days. 

AB shares have risen 21.3% in the past year while VCTR shares have risen 31.3% in the past year.