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San Mateo, California-based Franklin Resources, Inc. (BEN) is an asset management holding company. It offers investment management and related services to retail mutual funds, institutional and private accounts, and other investment products. With a market cap of $10.9 billion, Franklin Resources’ operations span the Americas, Europe, Indo-Pacific, and internationally.
Companies worth $10 billion or more are generally described as "large-cap stocks," Franklin Resources fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the asset management industry.