Franklin Templeton Expands U.S. Wealth Management Alternatives Distribution Team with Addition of Candice Kemeny and Jared Abert
May 03 2023 - 9:00AM
Business Wire
New roles to support and accelerate ongoing
growth of the Alternatives by Franklin Templeton platform and
distribution to U.S. wealth management market
Franklin Templeton today announced the appointment of Candice
Kemeny as Senior Vice President, National Account Manager –
Alternatives, and Jared Abert as Director, Alternative Investments
– Midwest for the Registered Investment Advisor (RIA) & Bank
Trust channel. In their new roles within Franklin Templeton's U.S.
Wealth Management Alternatives distribution team, Kemeny and Albert
will serve as key liaisons with clients to increase the adoption of
comprehensive alternative investment solutions within the U.S.
market. Kemeny joined the firm at the end of March, and Abert
joined in May. Both are based in Chicago.
“We believe the benefits from diversification, income and risk
management that private markets and alternative investments can add
to a portfolio are becoming increasingly important, especially
against the backdrop of current market conditions,” said Jeff
Masom, Head of U.S. Distribution for Franklin Templeton. “We are
pleased to have Candice and Jared join our distribution team as we
continue to expand the roster of talent to support our dedicated
Alternatives by Franklin Templeton platform. Their work will help
to further our reach and introduce an even wider audience of U.S.
advisors and investors to Franklin Templeton’s specialist
investment managers and their deep expertise across alternative
investments.”
Kemeny will report to Dave Donahoo, Co-Head of U.S. Wealth
Management Alternatives, and Abert will report to Rick Stravato,
Director, Alternative Investments, who leads the RIA and Bank Trust
channel and also covers the Northeast region.
Kemeny has more than 18 years of financial services experience,
most recently serving as Senior Vice President, National Account
Manager and International Business Development at LaSalle
Investment Management where she was responsible for developing the
firm’s strategic national account relationships. Prior to that, she
worked as a Business Development Specialist at Invesco.
Abert has over a decade of experience in the financial services
industry, joining from Goldman Sachs as a Vice President where he
served in a variety of roles including RIA business development,
structured products and asset management. Prior to that, he worked
with Apex Oil Company as a Commodity Trading Advisor (CTA). He is a
Chartered Financial Analyst (CFA) and Chartered Alternative
Investment Analyst (CAIA) charterholder.
These appointments follow the addition of Tony Davidow to the
Franklin Templeton Institute as Senior Alternatives Investment
Strategist, focused on developing and delivering insights on the
role and use of alternative investments in the U.S. wealth
management market.
Franklin Templeton is one of the largest managers of alternative
assets globally with $258 billion in alternative AUM as of March
31, 2023. The firm has leading specialist investment managers in
the key alternative asset classes with Lexington Partners
(secondary private equity), Clarion Partners (real estate), Benefit
Street Partners and Alcentra (alternative credit), K2 Advisors
(hedge funds) and Franklin Venture Partners (venture capital) to
meet a variety of client needs.
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization with subsidiaries operating as Franklin
Templeton and serving clients in over 155 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes
through investment management expertise, wealth management and
technology solutions. Through its specialist investment managers,
the company offers specialization on a global scale, bringing
extensive capabilities in fixed income, equity, alternatives and
multi-asset solutions. With offices in more than 30 countries and
approximately 1,300 investment professionals, the California-based
company has over 75 years of investment experience and
approximately $1.4 trillion in assets under management as of March
31, 2023. For more information, please visit franklintempleton.com
and follow us on LinkedIn, Twitter and Facebook.
CFA® and Chartered Financial Analyst® are registered trademarks
of CFA Institute.
CAIA® and Chartered Alternative Investment Analyst® are
registered trademarks of the Chartered Alternative Investment
Analyst Association.
All investments involve risk, including loss of principal.
Copyright © 2023. Franklin Templeton. All rights reserved.
Franklin Distributors, LLC. Member FINRA/SIPC. Franklin
Distributors, LLC is a Franklin Templeton affiliated company.
TN23-25
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230503005358/en/
Franklin Templeton Corporate Communications: Travis Fishstein,
(917) 822-1857, travis.fishstein@franklintempleton.com Rebecca
Radosevich, (212) 632-3207,
rebecca.radosevich@franklintempleton.com
Franklin Resources (NYSE:BEN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Franklin Resources (NYSE:BEN)
Historical Stock Chart
From Sep 2023 to Sep 2024