Franklin Resources, Inc. is an investment management company. Through its wholly owned direct and indirect subsidiaries, Franklin Resources, Inc. provides investment management and fund administration services to open-end and closed-end investment companies, institutional accounts, high-net-worth families, individuals and separate accounts in the United States and internationally. Franklin Resources, Inc. also provides investment management services and other related services, including shareholder services, transfer agency, underwriting, distribution, custodial, trustee and other fiduciary services. In the Company's secondary business and operating segment, banking/finance, it provides clients with select retail banking and consumer lending services through its bank subsidiaries. In February 2007, the Company sold its interest in Ciech S.A. In July 2006, the Company acquired Bradesco Templeton Asset Management Ltda.
Franklin Resources, Inc. is an investment management company. Through its wholly owned direct and indirect subsidiaries, Franklin Resources, Inc. provides investment management and fund administration services to open-end and closed-end investment compani