{"id":526530,"date":"2021-08-11T08:03:18","date_gmt":"2021-08-11T12:03:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-names-mike-foley-as-head-of-us-institutional-services\/"},"modified":"2021-08-11T08:03:18","modified_gmt":"2021-08-11T12:03:18","slug":"franklin-templeton-names-mike-foley-as-head-of-us-institutional-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-names-mike-foley-as-head-of-us-institutional-services\/","title":{"rendered":"Franklin Templeton Names Mike Foley as Head of US Institutional Services"},"content":{"rendered":"

<\/p>\n

Franklin Templeton Names Mike Foley as Head of US Institutional Services<\/b><\/p>\n

SAN MATEO, Calif.–(BUSINESS WIRE<\/a>)–
\nFranklin Templeton today announced the appointment of Mike Foley as Head of US Institutional Services, responsible for providing leadership, innovative strategic direction and driving growth for US institutional distribution. He will oversee the firm\u2019s US institutional direct sales, consultant relations and relationship management teams. Foley will join the firm on September 7. He will be based in Franklin Templeton\u2019s New York City office and report to Jeff Masom, Head of US Distribution for the firm.\n<\/p>\n

\n\u201cSince our acquisition of Legg Mason just over a year ago, Franklin Templeton has experienced a transformative period of growth and opportunity. We are thrilled for Mike to join our team as we continue to build upon the firm\u2019s combined strengths in delivering our broad range of investment capabilities to US institutional clients,\u201d said Masom. \u201cMike\u2019s vision, leadership and his extensive experience in serving clients across market cycles will be instrumental in our efforts to continue to deliver the exemplary service our clients expect and rely on.\u201d\n<\/p>\n

\nIn his new role, Foley will develop the firm\u2019s strategy for acquiring new business and retaining existing client assets across the US institutional and consultant channels. He will work to identify areas for product development and new market opportunities for Franklin Templeton strategies. Foley will also serve as an essential liaison to institutional distribution leaders at the firm\u2019s independent specialist investment managers.\n<\/p>\n

\n\u201cFollowing the acquisition, the combined footprint of the organization and commitment to innovation creates great potential to expand on a well-established institutional business,\u201d said Foley. \u201cI look forward to working with a very talented team of experienced colleagues to drive growth strategically and deliver the best outcomes for Franklin Templeton\u2019s broad array of institutional clients and consultants.\u201d\n<\/p>\n

\nFoley brings a wealth of experience in asset management, joining Franklin Templeton from Guggenheim Investments, where he led the institutional client group for the Americas (including the US) and Europe. Prior to that he was with BlackRock, where he led its US pensions group after heading its US and Canada institutional consultant relations team. He previously held distribution leadership roles at AllianceBernstein.\n<\/p>\n

\nFoley holds a bachelor of science degree, with honors, in economics and engineering from the United States Military Academy at West Point and an MBA from the Harvard Business School. He has also served in the United States Army.\n<\/p>\n

About Franklin Templeton <\/b><\/p>\n

\nFranklin Resources, Inc. [NYSE:BEN], is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton\u2019s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience and over $1.5 trillion in assets under management as of July 31, 2021. For more information, please visit franklintempleton.com<\/a> and follow us on LinkedIn<\/a>, Twitter<\/a> and Facebook<\/a>.\n<\/p>\n

Copyright \u00a9 2021. Franklin Templeton. All rights reserved.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210811005147\/en\/<\/a><\/span><\/p>\n

\nCorporate Communications:
\n
Stacey Coleman, (650) 525-7458, stacey.coleman@franklintempleton.com
\n<\/a>
Rebecca Radosevich, (212) 632-3207, rebecca.radosevich@franklintempleton.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Consulting Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Franklin Templeton Names Mike Foley as Head of US Institutional Services SAN MATEO, Calif.–(BUSINESS WIRE)– Franklin Templeton today announced the appointment of Mike Foley as Head of US Institutional Services, responsible for providing leadership, innovative strategic direction and driving growth for US institutional distribution. He will oversee the firm\u2019s US institutional direct sales, consultant relations and relationship management teams. Foley will join the firm on September 7. He will be based in Franklin Templeton\u2019s New York City office and report to Jeff Masom, Head of US Distribution for the firm. \u201cSince our acquisition of Legg Mason just over a year ago, Franklin Templeton has experienced a transformative period of growth and opportunity. We are thrilled for Mike to join our … <\/p>\n

Continue reading “Franklin Templeton Names Mike Foley as Head of US Institutional Services”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-526530","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFranklin Templeton Names Mike Foley as Head of US Institutional Services - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-names-mike-foley-as-head-of-us-institutional-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Franklin Templeton Names Mike Foley as Head of US Institutional Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Franklin Templeton Names Mike Foley as Head of US Institutional Services SAN MATEO, Calif.–(BUSINESS WIRE)– Franklin Templeton today announced the appointment of Mike Foley as Head of US Institutional Services, responsible for providing leadership, innovative strategic direction and driving growth for US institutional distribution. He will oversee the firm\u2019s US institutional direct sales, consultant relations and relationship management teams. Foley will join the firm on September 7. He will be based in Franklin Templeton\u2019s New York City office and report to Jeff Masom, Head of US Distribution for the firm. \u201cSince our acquisition of Legg Mason just over a year ago, Franklin Templeton has experienced a transformative period of growth and opportunity. 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