Franklin Resources, Inc. (BEN) Q4 2022 Earnings Call Transcript

Franklin Resources, Inc. (NYSE:BEN) Q4 2022 Earnings Conference Call November 1, 2022 11:00 AM ET

Company Participants

Selene Oh - Head of Investor Relations

Jenny Johnson - President & Chief Executive Officer

Matt Nicholls - Chief Financial Officer & Chief Operating Officer

Adam Spector - Head of Global Distribution

Conference Call Participants

Craig Siegenthaler - Bank of America

Bill Katz - Credit Suisse

Brennan Hawken - UBS

Rick Roy - Jefferies

Michael Cho - JPmporgan

Michael Cyprys - Morgan Stanley

Brian Bedell - Deutsche Bank

Operator

Welcome to the Franklin Resources Earnings Conference Call for the Quarter and Fiscal Year ended September 30, 2022. My name is Candy, and I will be your operator for today's call. As a reminder, this conference call is being recorded. And at this time, all participants are in a listen-only mode.

I would now like to turn the conference over to your host, Selene Oh, Head of Investor Relations of Franklin Resources, you may now begin.

Selene Oh

Good morning, and thank you for joining us today to discuss our quarterly and fiscal year results. Please note that the financial results to be presented in this commentary are preliminary. Statements made on this conference call regarding Franklin Resources, Inc., which are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from any future results expressed or implied by such forward-looking statements. These and other risks, uncertainties and other important factors are described in more detail in Franklin's recent filings with the Securities and Exchange Commission including in the Risk Factors and the MD&A section of Franklin's most recent Form 10-K and 10-Q filings.

With that, I'll turn the call over to Jenny Johnson, our President and Chief Executive Officer.

Jenny Johnson

Thank you, Selene. Hello, everyone, and thank you for joining us today to discuss Franklin Templeton's fourth quarter and fiscal year 2022 results. As usual, Matt Nicholls, our CFO and COO; and Adam Spector, our Head of Global Distribution, are also joining me on the call.

This month, we officially celebrate our 75th anniversary as a company. Our firm was founded on the values of advice, active investment management and helping people achieve the most important financial milestones of their lives. Since 1947, we have transformed from modest beginnings into one of the world's largest investment managers. And today, we partner with millions of clients in more than 155 countries. Although much has changed in 75 years, we are proud to say we have a history of innovation, and we have always maintained our commitment to evolve our organization to meet the needs of our clients and shareholders around the globe.