EXHIBIT 23

                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference of our report dated November
15,  2001,  relating  to  the  consolidated  financial  statements  of  Franklin
Resources,  Inc.  and  subsidiaries,  which  appears in this Form  10-K,  in the
following Registration Statements, as amended:

Form S-3 filed April 14, 1994 for issuance of debt securities,
     Amendment No. 2 to Form S-3 filed May 18, 1994

Form S-3 filed September 30, 1994 for the registration of shares of common
   stock,
     Amendment No. 1 to Form S-3 filed October 28, 1994

Form S-3 filed September 16, 1996 for the issuance of medium term notes,
     Amendment No. 1 to Form S-3 filed October 4, 1996

Form S-3 filed December 7, 2000 for the issuance of common stock,
     Amendment No. 1 to Form S-3 filed January 30, 2001
     Amendment No. 2 to Form S-3 filed February 12, 2001
     Amendment No. 3 to Form S-3 filed February 15, 2001

Form S-3 filed August 6, 2001 for the issuance of zero-coupon convertible senior
note offering,
     Amendment No. 1 to Form S-3 filed November 1, 2001

Form S-4 filed December 26, 2001, for the issuance of common stock in connection
with  acquisition of Fiduciary Trust Company  International.
     Amendment No. 1 to Form S-4 filed January 26, 2001

Form S-8 filed April 29, 1994 for United Kingdom Stock Option Plan #1
Form S-8 filed September 13, 1995 for Universal Stock Plan
Form S-8 filed March 18, 1998 for 1998 Employee Investment Plan
Form S-8 filed December 31, 1998 for 1998 Employee Incentive Plan
Form S-8 filed July 21, 1999 for 1998 Universal Employee Incentive Plan
Form S-8 filed October 22, 1999 for 1998 Universal Employee Incentive Plan
Form S-8 filed March 27, 2001 for Amended and Restated 1998  Universal  Employee
Incentive Plan
     Post  Effective  Amendment  No. 1 to Form S-8 filed March 27, 2001 for 1998
     Universal Employee Incentive Plan


PricewaterhouseCoopers LLP
San Francisco, California
December 20, 2001