Templeton Investment Counsel, LLC (Ft. Lauderdale)


Templeton Investment Counsel, LLC is a large advisory firm based in Ft. Lauderdale. It manages $31.4 billion of regulatory assets for 324 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Connecticut, and 12 other states.

Templeton Investment Counsel provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Templeton Investment Counsel: assets under management

The assets under management (AUM) of Templeton Investment Counsel, LLC is $31.4 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and $560.35 million of the total AUM is attributable to clients outside of the United States.

The firm manages $31.4 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.91 million each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in non-exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Templeton Investment Counsel, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cynthia Lewis Sweeting serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Cynthia Lewis Sweeting is investment companies with 9 clients and $9.74 billion of assets under management. Among the 6 most similar advisory firms, Templeton Investment Counsel has the 3rd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $31.03 billion for 324 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Templeton Investment Counsel also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Templeton Investment Counsel, LLC

The company employs 29 people that are either part- or full-time employees. 31 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Cynthia Lewis Sweeting has been acting as President since 1 Jul 2012. Jed Andrew Plafker joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Templeton Worldwide Corp. parent of ticl: 100% 1 Jan 2001 75% - 100% 94-3167260
Donald Francis Reed Chief executive officer and chairman 1 Jan 2001 Other 4392357
Gregory Eugene Mcgowan Exec. vice president 1 Jan 2001 Other 2111958
Peter Anthony Nori Exec. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 1562569
Gary Motyl President 1 Jan 2001 Other 2511508
Charles Endler Johnson President-tgbm div 1 Jan 2001 Other 1023451
Martin Lawrence Flanagan Exec.vice president & coo 1 Jan 2001 Other 2111957
William Denman Zirkle Exec. vice president-institutional mktg. 1 Jan 2001 Other 2379585
Gary Russell Clemons Exec. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 2449096
Mark Richard Beveridge Sr. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 4392358
Norman Rickard Frisbie Senior vice president-alliance sales 1 Jan 2001 Other 2115692
Tracy Ann Harrington Sr. vp-institutional mktg. support 1 Jan 2001 Other 1818118
William Howard Sr. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 2511334
Charles Reed Hutchens Sr. vice president & director client service 1 Jan 2001 Other 1484250
Cindy L. Sweeting Sr. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 4275358
Michael John Corcoran Vice president & controller 1 Jan 2001 Other 2347458
Umran Demirors Exec. vice president/cio-tgbm division 1 Jan 2001 Other 2541428
Peter Douglas Anderson Sr. vp-institutional marketing 1 Jan 2001 Other 3117256
Edgerton Tucker Scott Sr. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 2200082
Guang Yang Sr. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 2839958
Leslie Michael Kratter Sr. vice president 1 Jan 2001 Other 2345274
Gary Paul Motyl President 1 Jan 2001 Other 2511508
William Templeton Howard Exec. vp/portfolio mgr.-research analyst 1 Jan 2001 Other 2511334
Cynthia Lewis Sweeting Exec. vp/director of research 1 Jan 2001 Other 4275358
Antonio Tomas Docal Sr. vice president 1 Jan 2003 Other 4407508
Antonio Tomas Docal President 1 Nov 2003 Other 4407508
Timothy Steven Stearns Chief compliance officer 1 Jun 2004 Other 1327230
James Robert Baio Sr. vice president & cfo 1 Jan 2005 Other 2336447
Shelly Marie Burchfield Treasurer 1 Aug 2006 Other 2296227
Shelly Marie Painter Treasurer 1 Aug 2006 Other 2296227
Craig Steven Tyle Chief legal officer 1 Dec 2006 Other 5026433
Madison Sterling Gulley Executive vice president 1 Dec 2006 Other 1862155
Mark Lecho Constant Treasurer 1 Oct 2007 Other 2164003
Michael Joseph D'agrosa Chief compliance officer 1 Jul 2009 Other 5153687
Antonio Tomas Docal Exec. vp/portfolio manager-research analyst 1 Apr 2011 Other 4407508
Neil S Devlin Exec. vp/portfolio manager-research analyst 1 Apr 2011 Other 2385605
Harlan Bradford Hodes Executive vice president/portfolio manager-research analyst 1 Nov 2011 Other 4456995
Cynthia Lewis Sweeting President 1 Jul 2012 Other 4275358
Thomas John Fisher Executive vice president 1 Aug 2017 Other 4314535
Antonio Tomas Docal President 1 Dec 2017 Other 4407508
Jed Andrew Plafker Executive vice president 1 Sep 2018 Other 2793695

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. Franklin Resources Parent corporation of twi:100% 1 Jan 2001 75% - 100% 13-2670991

Based in Ft. Lauderdale

The principal office where Templeton Investment Counsel, LLC performs its advisory services is located at 300 Southeast 2 Nd Street, Ft. Lauderdale, FL 33301, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (954) 527-7500 or by fax (954) 527-7329. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at franklintempleton.com/.