Founded in 1947 by Rupert H. Johnson, Sr., Franklin Templeton has grown into one of the world's largest global asset managers. The company's mission is to help clients achieve their financial goals through investment excellence, innovation, and a commitment to client service. It offers a comprehensive range of investment strategies, including equity, fixed income, multi-asset, and alternative investments, distributed through various vehicles like mutual funds, ETFs, and separately managed accounts. A significant milestone in its history was the acquisition of Legg Mason in 2020, which substantially expanded its investment capabilities and global reach.