Franklin Resources, Inc. (BEN)
Global asset manager, 9,800 employees, 30 countries. Read October 19, 2026 from the annual report for the period ending September 30, 2025, filed November 10, 2025. Ranked 64 of the 88 Financial Services companies read so far, by the share within reach now.
Within reach now
36%
End of 2028
71%
Employees, annual report
9,800
Leading staffing pattern
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Share of the working time within reach, long-run pace, four times in five
- Now36%
- End of 202761%
- End of 202871%
- End of 203074%
What changes for its people by the end of 2028, by its industries' figures
- Stays with people 26%
- Becomes checking a model's work 64%
- Handed over with lighter checks 7%
Franklin Resources states approximately 9,800 employees at September 30, 2025 in offices in over 30 countries, down from 10,200, managing investments for clients with no count by kind of work, so one pattern takes the whole workforce at securities and investment activities by description (c).
The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.
What follows from the reading
Share of working time within reach of AI, on the long-run pace at four in five: 36% now, 61% at the end of 2027, 71% at the end of 2028, 74% at the end of 2030. By the patterns, the work is about 74% desk work, 23% people work and 3% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 26% of the working time stays with people (conversation, in-person and hands-on work), 64% becomes checking a model's work and 7% could be handed over with lighter checks, from the industries' own figures, not the company's roles.
Headcount
9,800 employees as of September 30, 2025 (stated). The filing counts no employees by country; revenue is 75% U.S.
The filing: “HUMAN CAPITAL RESOURCES As of September 30, 2025, we employed approximately 9,800 employees and operated offices in over 30 countries.”
The workforce as industry patterns
| Pattern | Share | Reason, from the filing |
|---|---|---|
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | 100% | The filing describes a global asset manager whose portfolio managers, analysts, sales and management personnel serve clients from offices in over 30 countries, with no count by kind of work, so one pattern takes the whole workforce at securities and investment activities by description (c), as BlackRock was read. |
What the filing says about the workforce: Approximately 9,800 employees, down from 10,200 a year earlier; offices in over 30 countries; no union share is stated.
Companies read with the same leading pattern
Other companies whose largest staffing pattern is also Securities, Commodity Contracts, and Other Financial Investments and Related Activities, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.
- Morgan Stanley (MS, 83,000 employees)36% now, 71% by 2028
- State Street Corporation (STT, 52,000 employees)36% now, 71% by 2028
- Bank of New York Mellon Corp (BNY, 48,100 employees)36% now, 71% by 2028
- The Goldman Sachs Group, Inc. (GS, 47,400 employees)36% now, 71% by 2028
- S&P Global Inc. (SPGI, 44,500 employees)32% now, 70% by 2028
- The Charles Schwab Corporation (SCHW, 33,000 employees)36% now, 71% by 2028
- BlackRock, Inc. (BLK, 24,900 employees)35% now, 71% by 2028
- Northern Trust Corporation (NTRS, 23,800 employees)36% now, 71% by 2028
What the filing says about AI
10 sentences in the filing name AI. The filing names its growing use of process automation and AI as heightening its dependency on technology, the malicious use of generative AI, and the developing regulation of AI as risks.
- “In addition, developments in our use of process automation and artificial intelligence ("AI") further heighten our dependency on technology, as such technology may be complex and unpredictable.”
- “Ongoing advances in technology, including generative AI, as well as the malicious use of such technology, further heighten the risks to our business.”
- “Developing regulatory treatment of AI, and failure to adequately address AI-related challenges, creates a risk of reputational harm and an impediment to growth.”
- “Artificial Intelligence (AI) is used in many areas of our business and we plan to further incorporate AI into additional areas.”
- “The use of AI offers efficiencies, but also introduces significant challenges related to data security, privacy, intellectual property, regulatory compliance, accuracy and bias concerns, and reputational harm, among others.”
Its annual reports, year by year
Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector
- Fiscal 20210median 0
- Fiscal 20220median 0
- Fiscal 20230median 1
- Fiscal 20242median 4
- Fiscal 202510median 10
Headcount by filing year
As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.
| Period | Employees | Filed | Filing |
|---|---|---|---|
| 2025-09-30 | 9,800 | 2025-11-10 | 10-K |
| 2024-09-30 | 10,200 | 2024-11-12 | 10-K |
| 2023-09-30 | 9,200 | 2023-11-14 | 10-K |
| 2022-09-30 | 9,800 | 2022-11-14 | 10-K |
| 2021-09-30 | 10,300 | 2021-11-19 | 10-K |
| 2020-09-30 | 11,800 | 2020-11-23 | 10-K |
| 2019-09-30 | 9,600 | 2019-11-12 | 10-K |
| 2018-09-30 | 9,700 | 2018-11-09 | 10-K |
| 2017-09-30 | 9,400 | 2017-11-13 | 10-K |
| 2016-09-30 | 9,100 | 2016-11-14 | 10-K |
| 2015-09-30 | 9,500 | 2015-11-12 | 10-K |
| 2014-09-30 | 9,300 | 2014-11-12 | 10-K |
| 2013-09-30 | 9,000 | 2013-11-12 | 10-K |
| 2012-09-30 | 8,600 | 2012-11-15 | 10-K |
| 2011-09-30 | 8,500 | 2011-11-15 | 10-K |
| 2010-09-30 | 7,900 | 2010-11-16 | 10-K |
| 2009-09-30 | 7,700 | 2009-11-24 | 10-K |
Limits of this reading
- No count by kind of work: the one pattern is by description (c).
- The U.S. share is not stated.
Source: the company's annual report on EDGAR, accession 0000038777-25-000238, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.
The report on Franklin Resources, Inc., $29
This page as a document to keep, with what it does not show: the share within reach at every date on three paces and two reliabilities, a typical workforce of this shape at the stated headcount role by role and task by task (the industries' staffing, never the company's roster), where to start, what changes for the people and what they would learn, every sentence in the filing that names AI, the headcount by year, the companies read with the same leading pattern, the method and a citation line. To print or save as a PDF, open again in your browser for a year.
See the report, $29See the sample first: Walmart's report is free
Questions about this company
- How much of Franklin Resources, Inc.'s working time is within reach of AI?
- An estimated 36% now and 71% by the end of 2028, on METR's long-run pace at four in five, from the workforce Franklin Resources, Inc.'s own annual report describes and BLS staffing patterns for its industries, never from a roster. It is an estimate with a stated method. It is not a forecast of jobs lost or of savings, and it says nothing about what the company will do.
- How many people does Franklin Resources, Inc. employ?
- 9,800 as of September 30, 2025, as its annual report for the period ending September 30, 2025 states.
- What kinds of work make up Franklin Resources, Inc.'s workforce?
- Read from its annual report as a blend of 1 industry staffing pattern, the largest Securities, Commodity Contracts, and Other Financial Investments and Related Activities; by those patterns the work is about 74% desk work, 23% people work and 3% body work. Each share has a one-sentence reason on this page that can be checked against the filing.
- What does Franklin Resources, Inc.'s annual report say about AI?
- 10 sentences in the filing name AI. Its annual reports for fiscal 2021 to 2025 name it in 0, 0, 0, 2 and 10 sentences, year by year. They are counted and quoted on this page, never judged: a count says how much a filing talks about AI, not what the company does with it.
- How is this estimated?
- Claude Fable 5.1 read the annual report under the Index's written rubric (version 1) on October 19, 2026: the stated headcount, the share in the U.S. when stated, and the workforce as a blend of industry staffing patterns. The estimates are the site's industry estimates weighted by those shares, from O*NET tasks with estimated lengths and METR's measurements of how long a task AI models can finish. A company can write to info@stratussc.com to have its reading checked against its filing.
Embed these figures on your site
A small card with the share of working time within reach now and at the end of 2027, 2028 and 2030, the date and a link back. Free under CC BY 4.0; the card carries the credit.