Franklin Resources, Inc. vs Bank of New York Mellon Corp — how do they compare? Franklin Resources, Inc. trades at $33.37 (market cap $16.95B), while Bank of New York Mellon Corp trades at $161.02 (market cap $108.78B). The key difference: Bank of New York Mellon Corp is far larger — about 6.4× Franklin Resources, Inc.'s market cap, and Franklin Resources, Inc. pays the higher dividend (3.96%). Which is the better fit depends on your goals.
| BEN | BNY | |
|---|---|---|
Market Cap | $16.95B | $108.78B |
Sector | Financials | Financials |
52-Week High | $35.77 | $162.35 |
52-Week Low | $21.18 | $101.00 |
Enterprise Value | $29.90B | — |
Dividend Yield | 3.96% | 1.38% |
Trailing returns across standard periods
Latest headlines on both assets
Franklin Resources provides investment services for individual and institutional investors. At the end of August 2022, Franklin had $1.388 trillion in managed assets, composed primarily of equity (32%), fixed-income (38%), multi-asset/balanced (10%) funds, alternatives (16%), and money market funds (4%). Distribution tends to be weighted more toward retail investors (49% of AUM) investors, as opposed to institutional (49%) and high-net-worth (2%) clients. Franklin is also one of the more global firms of the U.S.-based asset managers with more than 35% of its AUM invested in global/international strategies and 25% of managed assets sourced from clients domiciled outside the United States.
Read more on BEN →BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $41.1 trillion in under custody and administration (as of Dec. 31, 2020), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.2 trillion in assets.
Read more on BNY →