8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  July 30, 2014

FRANKLIN RESOURCES, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-09318	13-2670991
(State or other jurisdiction	(Commission File Number)	(IRS Employer Identification No.)
of incorporation)

One Franklin Parkway, San Mateo, California 94403

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (650) 312-2000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On July 30, 2014, Franklin Resources, Inc. (the “Company”) issued a press release announcing the financial results for the Company's third fiscal quarter ended June 30, 2014. The Company also posted a third quarter financial results presentation on its internet website, as stated in the press release. A copy of the press release is attached hereto as Exhibit 99.1 and a copy of the presentation is attached hereto as Exhibit 99.2, and each is incorporated herein by reference.

The information in this report, including the exhibits hereto, (x) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and (y) shall not be incorporated by reference into any filing of the Company with the Securities and Exchange Commission, whether made before or after the date hereof, regardless of any general incorporation language in such filings (unless the Company specifically states that the information or exhibits in this particular report are incorporated by reference).

Item 9.01 Financial Statements and Exhibits.

(d)	Exhibits.
	Exhibit No.	Description
	99.1	Press Release dated July 30, 2014 issued by Franklin Resources, Inc.
	99.2	Franklin Resources, Inc. Third Quarter Results presentation, dated July 30, 2014.

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		FRANKLIN RESOURCES, INC.
Date:	July 30, 2014	/s/ Kenneth A. Lewis
		Name:  Kenneth A. Lewis Title:    Chief Financial Officer and Executive Vice President

3

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated July 30, 2014 issued by Franklin Resources, Inc.
99.2	Franklin Resources, Inc. Third Quarter Results presentation, dated July 30, 2014.

EX-99.1

EXHIBIT 99.1

Contact:	Franklin Resources, Inc.
	Investor Relations: Brian Sevilla (650) 312-4091
	Media Relations: Matt Walsh (650) 312-2245
	franklinresources.com

FOR IMMEDIATE RELEASE

Franklin Resources, Inc. Announces Third Quarter Results

San Mateo, CA, July 30, 2014- Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income¹ of $578.9 million or $0.92 per diluted share for the quarter ended June 30, 2014, as compared to $561.0 million or $0.89 per diluted share for the previous quarter and $552.3 million or $0.86 per diluted share for the quarter ended June 30, 2013.

	Quarter Ended						% Change		Quarter Ended			% Change
	30-Jun-14			31-Mar-14			Qtr. vs. Qtr.		30-Jun-13			Year vs. Year
Financial Results
(in millions, except per share data)
Operating revenues	$	2,130.5		$	2,095.9		2	%	$	2,084.8		2	%
Operating income	$	786.8		$	786.0		0	%	$	771.7		2	%
Operating margin	36.9		%	37.5		%			37.0		%
Net income1	$	578.9		$	561.0		3	%	$	552.3		5	%
Diluted earnings per share	$	0.92		$	0.89		3	%	$	0.86		7	%
Assets Under Management
(in billions)
Ending	$	920.5		$	886.9		4	%	$	815.0		13	%
Average2	902.8			876.4			3	%	833.2			8	%
Net new flows	2.6			(7.1		)	NM		8.4			(69	)%

Non-operating income for the quarter ended June 30, 2014 included $107.6 million of investment and other income, net, as compared to $17.0 million for the prior quarter and $10.3 million for the quarter ended June 30, 2013.

Total assets under management (“AUM”) were $920.5 billion at June 30, 2014, up $33.6 billion or 4% during the quarter primarily due to $31.9 billion of market appreciation. AUM increased $105.5 billion or 13% year over year primarily due to $116.9 billion of market appreciation, partially offset by $7.2 billion of net new outflows.

Cash and cash equivalents and investments were $10.2 billion at June 30, 2014, as compared to $8.6 billion at September 30, 2013. Total stockholders’ equity was $11.9 billion at June 30, 2014, as compared to $10.7 billion at September 30, 2013. The Company had 625.5 million shares of common stock outstanding at June 30, 2014, as compared to 630.9 million shares outstanding at September 30, 2013. During the quarter ended June 30, 2014, the Company repurchased 2.4 million shares of its common stock for a total cost of $128.5 million.

1

Conference Call Information

Pre-recorded audio commentary on the results from Franklin Resources, Inc.’s Chairman, CEO and President Greg Johnson and CFO and Executive Vice President Ken Lewis will be available today at approximately 8:30 a.m. Eastern Time. They will also lead a live teleconference today at 11:00 a.m. Eastern Time to answer questions of a material nature. Analysts and investors are encouraged to review the Company’s recent filings with the U.S. Securities and Exchange Commission and to contact Investor Relations before the live teleconference for any clarifications or questions related to the earnings release or pre-recorded audio commentary.

Access to the pre-recorded audio commentary and accompanying slides are available at franklinresources.com. The pre-recorded audio commentary can also be accessed by dialing (888) 843-7419 in the U.S. and Canada or (630) 652-3042 internationally using access code 37674512, any time through August 29, 2014.

Access to the live teleconference will be available at franklinresources.com or by dialing (888) 895-5271 in the U.S. and Canada or (847) 619-6547 internationally. A replay of the call can also be accessed by calling (888) 843-7419 in the U.S. and Canada or (630) 652-3042 internationally using access code 37674516, after 1:30 p.m. Eastern Time on July 30, 2014 through August 29, 2014.

Questions regarding the pre-recorded audio commentary or live teleconference should be directed to Franklin Resources, Inc., Investor Relations at (650) 312-4091 or Media Relations at (650) 312-2245.

Performance Rankings of Franklin Templeton’s U.S.-Registered and Cross-Border Long-Term Mutual Funds^3,4,5:

	Percentage of Assets in Top Two Peer Group Quartiles
Period Ended June 30, 2014	1-Year		3-Year		5-Year		10-Year
Equity and Hybrid (AUM: $333 billion)	62	%	65	%	71	%	84	%
Fixed-Income (AUM: $286 billion)	56	%	80	%	80	%	93	%
Total (AUM: $619 billion)	59	%	72	%	75	%	88	%

Performance quoted above represents past performance, which cannot predict or guarantee future results. All investments involve risks, including loss of principal.

2

Franklin Resources, Inc. Condensed Consolidated Statements of Income Unaudited
(in millions, except per share data and AUM)	Three Months Ended June 30,						% Change		Nine Months Ended June 30,						% Change
	2014			2013					2014			2013
Operating Revenues
Investment management fees	$	1,393.2		$	1,318.3		6	%	$	4,135.0		$	3,785.7		9	%
Sales and distribution fees	643.7			664.5			(3	)%	1,919.0			1,911.3			0	%
Shareholder servicing fees	69.0			77.5			(11	)%	212.8			228.5			(7	)%
Other, net	24.6			24.5			0	%	69.1			74.7			(7	)%
Total operating revenues	2,130.5			2,084.8			2	%	6,335.9			6,000.2			6	%
Operating Expenses
Sales, distribution and marketing	789.3			812.8			(3	)%	2,332.3			2,324.5			0	%
Compensation and benefits	380.7			345.5			10	%	1,102.0			1,035.7			6	%
Information systems and technology	54.3			44.4			22	%	155.5			132.8			17	%
Occupancy	34.1			33.9			1	%	101.0			99.2			2	%
General, administrative and other	85.3			76.5			12	%	259.2			221.8			17	%
Total operating expenses	1,343.7			1,313.1			2	%	3,950.0			3,814.0			4	%
Operating Income	786.8			771.7			2	%	2,385.9			2,186.2			9	%
Other Income (Expenses)
Investment and other income, net	107.6			10.3			945	%	172.8			152.3			13	%
Interest expense	(10.9		)	(10.0		)	9	%	(34.9		)	(35.4		)	(1	)%
Other income, net	96.7			0.3			NM		137.9			116.9			18	%
Income before taxes	883.5			772.0			14	%	2,523.8			2,303.1			10	%
Taxes on income	251.4			209.9			20	%	742.9			642.9			16	%
Net income	632.1			562.1			12	%	1,780.9			1,660.2			7	%
Less: net income attributable to
Nonredeemable noncontrolling interests	47.4			8.0			493	%	23.0			13.1			76	%
Redeemable noncontrolling interests	5.8			1.8			222	%	14.2			5.9			141	%
Net Income Attributable to Franklin Resources, Inc.	$	578.9		$	552.3		5	%	$	1,743.7		$	1,641.2		6	%
Earnings per Share
Basic	$	0.92		$	0.87		6	%	$	2.77		$	2.57		8	%
Diluted	0.92			0.86			7	%	2.77			2.57			8	%
Dividends per Share	$	0.120		$	0.097		24	%	$	0.36		$	1.29		(72	)%
Average Shares Outstanding
Basic	623.2			633.6			(2	)%	625.8			634.0			(1	)%
Diluted	623.6			634.3			(2	)%	626.3			634.9			(1	)%
Operating Margin	36.9		%	37.0		%			37.7		%	36.4		%
AUM(in billions)
Ending	$	920.5		$	815.0		13	%	$	920.5		$	815.0		13	%
Average	902.8			833.2			8	%	881.4			801.1			10	%
Net new flows	2.6			8.4			(69	)%	(4.5		)	27.0			NM

3

Franklin Resources, Inc. Condensed Consolidated Statements of Income Unaudited
(in millions, except per share data and employees)	Three Months Ended						% Change		Three Months Ended
	30-Jun-14			31-Mar-14					31-Dec-13			30-Sep-13			30-Jun-13
Operating Revenues
Investment management fees	$	1,393.2		$	1,368.0		2	%	$	1,373.8		$	1,285.7		$	1,318.3
Sales and distribution fees	643.7			638.6			1	%	636.7			604.7			664.5
Shareholder servicing fees	69.0			67.7			2	%	76.1			75.2			77.5
Other, net	24.6			21.6			14	%	22.9			19.2			24.5
Total operating revenues	2,130.5			2,095.9			2	%	2,109.5			1,984.8			2,084.8
Operating Expenses
Sales, distribution and marketing	789.3			766.3			3	%	776.7			717.6			812.8
Compensation and benefits	380.7			372.3			2	%	349.0			348.8			345.5
Information systems and technology	54.3			51.0			6	%	50.2			58.3			44.4
Occupancy	34.1			33.8			1	%	33.1			35.0			33.9
General, administrative and other	85.3			86.5			(1	)%	87.4			90.0			76.5
Total operating expenses	1,343.7			1,309.9			3	%	1,296.4			1,249.7			1,313.1
Operating Income	786.8			786.0			0	%	813.1			735.1			771.7
Other Income (Expenses)
Investment and other income (losses), net	107.6			17.0			533	%	48.2			(0.1		)	10.3
Interest expense	(10.9		)	(11.4		)	(4	)%	(12.6		)	(11.5		)	(10.0		)
Other income (expenses), net	96.7			5.6			NM		35.6			(11.6		)	0.3
Income before taxes	883.5			791.6			12	%	848.7			723.5			772.0
Taxes on income	251.4			238.8			5	%	252.7			213.0			209.9
Net income	632.1			552.8			14	%	596.0			510.5			562.1
Less: net income (loss) attributable to
Nonredeemable noncontrolling interests	47.4			(7.2		)	NM		(17.2		)	3.8			8.0
Redeemable noncontrolling interests	5.8			(1.0		)	NM		9.4			(2.3		)	1.8
Net Income Attributable to Franklin Resources, Inc.	$	578.9		$	561.0		3	%	$	603.8		$	509.0		$	552.3
Earnings per Share
Basic	$	0.92		$	0.89		3	%	$	0.96		$	0.80		$	0.87
Diluted	0.92			0.89			3	%	0.96			0.80			0.86
Dividends per Share	$	0.120		$	0.120		0	%	$	0.120		$	0.100		$	0.097
Average Shares Outstanding
Basic	623.2			626.1			0	%	628.1			630.5			633.6
Diluted	623.6			626.5			0	%	628.5			631.3			634.3
Operating Margin	36.9		%	37.5		%			38.5		%	37.0		%	37.0		%
Employees	9,299			9,041			3	%	9,065			9,002			8,952
Billable Shareholder Accounts	24.8			24.4			2	%	24.7			24.2			24.9

4

AUM AND FLOWS

(in billions)	Three Months Ended June 30,						%  Change		Nine Months Ended June 30,						%  Change
	2014			2013					2014			2013
Beginning AUM	$	886.9		$	823.7		8	%	$	844.7		$	749.9		13	%
Long-term sales	47.6			62.1			(23	)%	147.2			167.6			(12	)%
Long-term redemptions	(45.1		)	(53.9		)	(16	)%	(151.5		)	(139.5		)	9	%
Net cash management	0.1			0.2			(50	)%	(0.2		)	(1.1		)	(82	)%
Net new flows	2.6			8.4			(69	)%	(4.5		)	27.0			NM
Reinvested distributions	4.5			4.8			(6	)%	17.5			17.3			1	%
Net flows	7.1			13.2			(46	)%	13.0			44.3			(71	)%
Distributions	(5.4		)	(5.7		)	(5	)%	(21.0		)	(21.0		)	0	%
Acquisitions	—			0.1			(100	)%	—			8.8			(100	)%
Appreciation (depreciation) and other6	31.9			(16.3		)	NM		83.8			33.0			154	%
Ending AUM	$	920.5		$	815.0		13	%	$	920.5		$	815.0		13	%

AUM BY INVESTMENT OBJECTIVE

(in billions)	30-Jun-14		31-Mar-14		% Change		31-Dec-13		30-Sep-13		30-Jun-13
Equity
Global/international	$	273.8	$	262.8	4	%	$	260.4	$	243.9	$	224.0
United States	114.5		110.1		4	%	105.3		97.2		89.5
Total equity	388.3		372.9		4	%	365.7		341.1		313.5
Hybrid	162.5		154.0		6	%	147.8		137.5		129.4
Fixed-Income
Tax-free	71.6		70.1		2	%	69.0		72.4		79.1
Taxable
Global/international	230.6		223.5		3	%	231.3		228.8		229.1
United States	61.1		60.1		2	%	58.7		58.3		57.5
Total fixed-income	363.3		353.7		3	%	359.0		359.5		365.7
Cash Management	6.4		6.3		2	%	6.6		6.6		6.4
Total AUM	$	920.5	$	886.9	4	%	$	879.1	$	844.7	$	815.0
Average AUM for the Three-Month Period	$	902.8	$	876.4	3	%	$	865.9	$	827.8	$	833.2

AUM AND FLOWS - UNITED STATES AND INTERNATIONAL⁷ 

	As of and for the Three Months Ended
(in billions)	30-Jun-14			% of Total		31-Mar-14			% of Total		30-Jun-13			% of Total
Long-Term Sales
United States	$	24.7		52	%	$	25.5		51	%	$	28.5		46	%
International	22.9			48	%	24.3			49	%	33.6			54	%
Total long-term sales	$	47.6		100	%	$	49.8		100	%	$	62.1		100	%
Long-Term Redemptions
United States	$	(22.6	)	50	%	$	(26.2	)	46	%	$	(27.9	)	52	%
International	(22.5		)	50	%	(30.5		)	54	%	(26.0		)	48	%
Total long-term redemptions	$	(45.1	)	100	%	$	(56.7	)	100	%	$	(53.9	)	100	%
AUM
United States	$	602.3		65	%	$	580.5		65	%	$	527.8		65	%
International	318.2			35	%	306.4			35	%	287.2			35	%
Total AUM	$	920.5		100	%	$	886.9		100	%	$	815.0		100	%

5

AUM AND FLOWS BY INVESTMENT OBJECTIVE

(in billions)	Equity									Fixed-Income
for the three months ended June 30, 2014	Global/ International			United States			Hybrid			Tax-Free			Taxable Global/ International			Taxable United States			Cash Management		Total
AUM at April 1, 2014	$	262.8		$	110.1		$	154.0		$	70.1		$	223.5		$	60.1		$	6.3	$	886.9
Long-term sales	11.8			5.6			8.8			2.0			15.6			3.8			—		47.6
Long-term redemptions	(13.1		)	(6.0		)	(6.0		)	(2.4		)	(14.0		)	(3.6		)	—		(45.1		)
Net exchanges	0.1			(0.2		)	0.3			—			(0.2		)	—			—		—
Net cash management	—			—			—			—			—			—			0.1		0.1
Net new flows	(1.2		)	(0.6		)	3.1			(0.4		)	1.4			0.2			0.1		2.6
Reinvested distributions	0.1			0.5			1.6			0.6			1.2			0.5			—		4.5
Net flows	(1.1		)	(0.1		)	4.7			0.2			2.6			0.7			0.1		7.1
Distributions	(0.2		)	(0.5		)	(1.8		)	(0.7		)	(1.6		)	(0.6		)	—		(5.4		)
Appreciation and other6	12.3			5.0			5.6			2.0			6.1			0.9			—		31.9
AUM at June 30, 2014	$	273.8		$	114.5		$	162.5		$	71.6		$	230.6		$	61.1		$	6.4	$	920.5

(in billions)	Equity									Fixed-Income
for the three months ended March 31, 2014	Global/ International			United States			Hybrid			Tax-Free			Taxable Global/ International			Taxable United States			Cash Management			Total
AUM at January 1, 2014	$	260.4		$	105.3		$	147.8		$	69.0		$	231.3		$	58.7		$	6.6		$	879.1
Long-term sales	13.2			8.2			8.1			2.3			14.3			3.7			—			49.8
Long-term redemptions	(14.4		)	(6.2		)	(7.2		)	(3.6		)	(22.0		)	(3.3		)	—			(56.7		)
Net exchanges	—			0.6			0.5			(0.2		)	(1.1		)	0.3			(0.1		)	—
Net cash management	—			—			—			—			—			—			(0.2		)	(0.2		)
Net new flows	(1.2		)	2.6			1.4			(1.5		)	(8.8		)	0.7			(0.3		)	(7.1		)
Reinvested distributions	0.1			0.1			1.1			0.6			1.1			0.3			—			3.3
Net flows	(1.1		)	2.7			2.5			(0.9		)	(7.7		)	1.0			(0.3		)	(3.8		)
Distributions	(0.2		)	(0.1		)	(1.3		)	(0.7		)	(1.5		)	(0.5		)	—			(4.3		)
Appreciation and other6	3.7			2.2			5.0			2.7			1.4			0.9			—			15.9
AUM at March 31, 2014	$	262.8		$	110.1		$	154.0		$	70.1		$	223.5		$	60.1		$	6.3		$	886.9

(in billions)	Equity									Fixed-Income
for the three months ended June 30, 2013	Global/ International			United States			Hybrid			Tax-Free			Taxable Global/ International			Taxable United States			Cash Management		Total
AUM at April 1, 2013	$	231.0		$	88.9		$	129.2		$	84.5		$	226.5		$	58.2		$	5.4	$	823.7
Long-term sales	11.4			4.5			7.9			2.9			30.2			5.2			—		62.1
Long-term redemptions	(13.4		)	(6.1		)	(5.6		)	(4.5		)	(19.7		)	(4.6		)	—		(53.9		)
Net exchanges	(0.2		)	0.4			0.4			(0.9		)	(0.3		)	(0.2		)	0.8		—
Net cash management	—			—			—			—			—			—			0.2		0.2
Net new flows	(2.2		)	(1.2		)	2.7			(2.5		)	10.2			0.4			1.0		8.4
Reinvested distributions	0.2			0.2			1.9			0.6			1.4			0.5			—		4.8
Net flows	(2.0		)	(1.0		)	4.6			(1.9		)	11.6			0.9			1.0		13.2
Distributions	(0.2		)	(0.2		)	(2.1		)	(0.8		)	(1.8		)	(0.6		)	—		(5.7		)
Acquisition	—			—			0.1			—			—			—			—		0.1
Appreciation (depreciation) and other6	(4.8		)	1.8			(2.4		)	(2.7		)	(7.2		)	(1.0		)	—		(16.3		)
AUM at June 30, 2013	$	224.0		$	89.5		$	129.4		$	79.1		$	229.1		$	57.5		$	6.4	$	815.0

6

Notes

1. Net income represents net income attributable to Franklin Resources, Inc.

2. Average AUM represents simple monthly average AUM.

3. Nothing in this section shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

4. Franklin/Templeton Distributors, Inc., a wholly owned subsidiary of Franklin Resources, Inc., is the principal distributor of Franklin Templeton Investments’ U.S. registered funds, which are available only in jurisdictions where an offer or solicitation of such products is permitted under applicable legislation.  Products, services and information may not be available in all jurisdictions and are offered outside the U.S. by other Franklin Templeton Investments affiliates and/or their distributors as local legislation permits.

5. The peer group rankings are sourced from either Lipper© or Morningstar©, as the case may be, and are based on an absolute ranking of returns as of June 30, 2014. Lipper rankings for Franklin Templeton U.S.-registered long-term mutual funds are based on Class A shares and do not include sales charges. Franklin Templeton U.S.-registered long-term funds are compared against a universe of all share classes. Performance rankings for other share classes may differ. Morningstar rankings for Franklin Templeton cross-border long-term mutual funds are based on primary share classes and do not include sales charges. Performance rankings for other share classes may differ. Results may have been different if these or other factors had been considered. The figures in the table are based on data available from Lipper and Morningstar as of July 7, 2014 and are subject to revision.

6. Appreciation (depreciation) and other includes the impact of foreign exchange revaluation.

7. International includes North America-based advisors serving non-resident clients.

Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and $920.5 billion in AUM as of June 30, 2014. The Company posts information that may be significant for investors in the Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly. For more information about the Company, please visit franklinresources.com.

Forward-Looking Statements

Statements in this press release regarding Franklin Resources, Inc. (“Franklin”) and its subsidiaries, which are not historical facts, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, words or phrases generally written in the future tense and/or preceded by words such as “will,” “may,” “could,” “expect,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “estimate” or other similar words are forward-looking statements.

Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.

These and other risks, uncertainties and other important factors are described in more detail in Franklin’s recent filings with the U.S. Securities and Exchange Commission, including, without limitation, in Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations in Franklin’s Annual Report on Form 10-K for the fiscal year ended September 30, 2013 and Franklin’s subsequent Quarterly Reports on Form 10-Q:

• Volatility and disruption of the capital and credit markets, and adverse changes in the global economy, may significantly affect our results of operations and may put pressure on our financial results.

• The amount and mix of our AUM are subject to significant fluctuations.

• We are subject to extensive, complex, overlapping and frequently changing rules, regulations and legal interpretations.

• U.S. regulatory and legislative actions and reforms have made the regulatory environment in which we operate more costly and future actions and reforms could adversely impact our financial condition and results of operations.

7

• Failure to comply with the laws, rules or regulations in any of the non-U.S. jurisdictions in which we operate could result in substantial harm to our reputation and results of operations.

• Changes in tax laws or exposure to additional income tax liabilities could have a material impact on our financial condition, results of operations and liquidity.

• Any significant limitation, failure or security breach of our information and cyber security infrastructure, software applications, technology or other systems that are critical to our operations could harm our operations and reputation.

• Our business operations are complex and a failure to properly perform operational tasks or the misrepresentation of our products and services, or the termination of investment management agreements representing a significant portion of our AUM, could have an adverse effect on our revenues and income.

• We face risks, and corresponding potential costs and expenses, associated with conducting operations and growing our business in numerous countries.

• We depend on key personnel and our financial performance could be negatively affected by the loss of their services.

• Strong competition from numerous and sometimes larger companies with competing offerings and products could limit or reduce sales of our products, potentially resulting in a decline in our market share, revenues and income.

• Changes in the third-party distribution and sales channels on which we depend could reduce our income and hinder our growth.

• Our increasing focus on international markets as a source of investments and sales of investment products subjects us to increased exchange rate and other risks in connection with our revenues and income generated overseas.

• Harm to our reputation or poor investment performance of our products could reduce the level of our AUM or affect our sales, potentially negatively impacting our revenues and income.

• Our future results are dependent upon maintaining an appropriate level of expenses, which is subject to fluctuation.

• Our ability to successfully manage and grow our business can be impeded by systems and other technological limitations.

• Our inability to successfully recover should we experience a disaster or other business continuity problem could cause material financial loss, loss of human capital, regulatory actions, reputational harm, or legal liability.

• Certain of the portfolios we manage, including our emerging market portfolios, are vulnerable to significant market-specific political, economic or other risks, any of which may negatively impact our revenues and income.

• Regulatory and governmental examinations and/or investigations, litigation and the legal risks associated with our business, could adversely impact our AUM, increase costs and negatively impact our profitability and/or our future financial results.

• Our ability to meet cash needs depends upon certain factors, including the market value of our assets, operating cash flows and our perceived creditworthiness.

• We are dependent on the earnings of our subsidiaries.

Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

# # #

8

EX-99.2

Franklin Resources, Inc. Third Quarter Results Greg Johnson Chairman and Chief Executive Officer Ken Lewis Chief Financial Officer July 30, 2014 Exhibit 99.2

Statements in this presentation regarding Franklin Resources, Inc. (“Franklin”) and its subsidiaries, which are not historical facts, are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this presentation, words or phrases generally written in the future tense and/or preceded by words such as “will,” “may,” “could,” “expect,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “estimate” or other similar words are forward-looking statements. Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. These and other risks, uncertainties and other important factors are described in more detail in Franklin’s recent filings with the U.S. Securities and Exchange Commission, including, without limitation, in Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations in Franklin’s Annual Report on Form 10-K for the fiscal year ended September 30, 2013 and Franklin’s subsequent Quarterly Reports on Form 10-Q: (1) volatility and disruption of the capital and credit markets, and adverse changes in the global economy, may significantly affect our results of operations and may put pressure on our financial results; (2) the amount and mix of our assets under management (“AUM”) are subject to significant fluctuations; (3) we are subject to extensive, complex, overlapping and frequently changing rules, regulations and legal interpretations; (4) U.S. regulatory and legislative actions and reforms have made the regulatory environment in which we operate more costly and future actions and reforms could adversely impact our financial condition and results of operations; (5) failure to comply with the laws, rules or regulations in any of the non-U.S. jurisdictions in which we operate could result in substantial harm to our reputation and results of operations; (6) changes in tax laws or exposure to additional income tax liabilities could have a material impact on our financial condition, results of operations and liquidity; (7) any significant limitation, failure or security breach of our information and cyber security infrastructure, software applications, technology or other systems that are critical to our operations could harm our operations and reputation; (8) our business operations are complex and a failure to properly perform operational tasks or the misrepresentation of our products and services, or the termination of investment management agreements representing a significant portion of our AUM, could have an adverse effect on our revenues and income; (9) we face risks, and corresponding potential costs and expenses, associated with conducting operations and growing our business in numerous countries; (10) we depend on key personnel and our financial performance could be negatively affected by the loss of their services; (11) strong competition from numerous and sometimes larger companies with competing offerings and products could limit or reduce sales of our products, potentially resulting in a decline in our market share, revenues and income; (12) changes in the third-party distribution and sales channels on which we depend could reduce our income and hinder our growth; (13) our increasing focus on international markets as a source of investments and sales of investment products subjects us to increased exchange rate and other risks in connection with our revenues and income generated overseas; (14) harm to our reputation or poor investment performance of our products could reduce the level of our AUM or affect our sales, potentially negatively impacting our revenues and income; (15) our future results are dependent upon maintaining an appropriate level of expenses, which is subject to fluctuation; (16) our ability to successfully manage and grow our business can be impeded by systems and other technological limitations; (17) our inability to successfully recover should we experience a disaster or other business continuity problem could cause material financial loss, loss of human capital, regulatory actions, reputational harm, or legal liability; (18) certain of the portfolios we manage, including our emerging market portfolios, are vulnerable to significant market- specific political, economic or other risks, any of which may negatively impact our revenues and income; (19) regulatory and governmental examinations and/or investigations, litigation and the legal risks associated with our business, could adversely impact our AUM, increase costs and negatively impact our profitability and/or our future financial results; (20) our ability to meet cash needs depends upon certain factors, including the market value of our assets, operating cash flows and our perceived creditworthiness; (21) we are dependent on the earnings of our subsidiaries. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. The information in this presentation is provided solely in connection with this presentation, and is not directed toward existing or potential investment advisory clients or fund shareholders. Forward-Looking Statements 2

Audio Commentary and Conference Call Details Pre-recorded audio commentary on the results from Franklin Resources, Inc.’s Chairman, CEO and President Greg Johnson and CFO and Executive Vice President Ken Lewis will be available today at approximately 8:30 a.m. Eastern Time. They will also lead a live teleconference today at 11:00 a.m. Eastern Time to answer questions of a material nature. Analysts and investors are encouraged to review the Company’s recent filings with the U.S. Securities and Exchange Commission and to contact Investor Relations before the live teleconference for any clarifications or questions related to the earnings release, this presentation or the pre-recorded audio commentary. Access to the pre-recorded audio commentary and accompanying slides are available at franklinresources.com. The pre- recorded audio commentary can also be accessed by dialing (888) 843-7419 in the U.S. and Canada or (630) 652-3042 internationally using access code 37674512, any time through August 29, 2014. Access to the live teleconference will be available at franklinresources.com or by dialing (888) 895-5271 in the U.S. and Canada or (847) 619-6547 internationally. A replay of the call can also be accessed by calling (888) 843-7419 in the U.S. and Canada or (630) 652-3042 internationally using access code 37674516, after 1:30 p.m. Eastern Time on July 30, 2014 through August 29, 2014. Questions regarding the pre-recorded audio commentary or live teleconference should be directed to Franklin Resources, Inc., Investor Relations at (650) 312-4091 or Media Relations at (650) 312-2245. 3

Highlights 4 Assets Under Management • Ended the quarter at $920.5 billion, an all-time high, and 13% increase from the prior year • Remains well diversified by investment objective, sales region and client type • Long-term net new flows for the quarter rebounded to $2.5 billion • Hybrid products attracted $3.1 billion of net new flows • Fixed-income flows were $1.2 billion, a significant improvement from the prior quarter as redemptions decreased by over 30% • Operating income of $787 million for the quarter • Fiscal year-to-date operating margin of 37.7% • Return on average assets under management1: 25.6 basis points • Repurchased 2.4 million shares • Share repurchases and dividends for the trailing twelve months of $1 billion Investment Performance • Long-term relative performance of U.S. and cross-border funds remains strong across equity, hybrid and fixed-income strategies • Franklin Income Fund upgraded to 5 stars by Morningstar Flows Financial Results Capital Management 1. Return on average assets under management is net income attributable to Franklin Resources, Inc. divided by average assets under management, annualized.

Investment Performance

93% 84% 59% 72% 75% 88% 1-Year 3-Year 5-Year 10-Year Investment Performance 6 The peer group rankings are sourced from either Lipper© or Morningstar©, as the case may be, and are based on an absolute ranking of returns as of June 30, 2014. Lipper rankings for Franklin Templeton U.S.-registered long-term mutual funds are based on Class A shares and do not include sales charges. Franklin Templeton U.S.-registered long-term funds are compared against a universe of all share classes. Performance rankings for other share classes may differ. Morningstar rankings for Franklin Templeton cross-border long-term mutual funds are based on primary share classes and do not include sales charges. Performance rankings for other share classes may differ. Results may have been different if these or other factors had been considered. The figures in the table are based on data available from Lipper and Morningstar as of July 7, 2014 and are subject to revision. Performance quoted above represents past performance, which cannot predict or guarantee future results. All investments involve risks, including loss of principal. Equity & Hybrid ($333 billion) Total ($619 billion) Fixed-Income ($286 billion) 88% U.S.-Registered and Cross-Border Mutual Funds 56% 80% 80% 93% 1-Year 3-Year 5-Year 10-Year 62% 65% 71% 84% 1-Year 3-Year 5-Year 10-Year Percentage of Long-Term Assets in the Top Two Peer Group Quartiles (10-Year Period ended June 30, 2014)

Assets Under Management and Flows

End of Period vs. Simple Monthly Average 8 (in US$ billions, for the three months ended) 815.0 844.7 879.1 886.9 920.5 833.2 827.8 865.9 876.4 902.8 6/13 9/13 12/13 3/14 6/14 Ending AUM Average AUM Assets Under Management Growth

United States 65% Europe, the Middle East and Africa 17% Asia-Pacific 10% Canada 5% Latin America 3% Equity 42% Hybrid 18% Fixed- Income 39% Cash Mgmt 1% Assets Under Management Diversification Investment Objective As of June 30, 2014 9 Sales Region As of June 30, 2014 (in billions) Jun-14 Mar-14 % Change United States $ 602.3 $ 580.5 4% Europe, the Middle East and Africa 151.9 147.5 3% Asia-Pacific 95.7 91.9 4% Canada 41.1 38.7 6% Latin America 29.5 28.3 4% Total $ 920.5 $ 886.9 4% (in billions) Jun-14 Mar-14 % Change Equity $ 388.3 $ 372.9 4% Hybrid 162.5 154.0 6% Fixed-Income 363.3 353.7 3% Cash Management 6.4 6.3 2% Total $ 920.5 $ 886.9 4%

Long-Term Flows Long-Term Flows and Market Return Summary 10 1. Long-term net new flows are defined as long-term sales less long-term redemptions plus long-term net exchanges. Long-Term Net New Flows1 Long-Term Sales Long-Term Redemptions (in US$ billions, for the three months ended) (16.3) 33.1 36.0 15.9 31.9 6/13 9/13 12/13 3/14 6/14 Appreciation (Depreciation) & Other 62.1 48.0 49.8 49.8 47.6 (53.9) (50.5) (49.7) (56.7) (45.1) 7.4 (2.9) 0.0 (6.8) 2.5 6/13 9/13 12/13 3/14 6/14

United States and International, Retail and Institutional Flows 11 (in US$ billions, for the three months ended) United States International Retail Long-Term Sales Retail Long-Term Redemptions 23.6 20.9 19.7 19.8 19.6 4.2 4.5 5.2 5.4 4.6 25.0 16.7 17.3 18.8 16.0 8.5 5.4 7.1 5.5 6.9 (23.1) (23.8) (20.4) (20.1) (17.6) (4.3) (3.8) (4.7) (5.8) (4.6) 6/13 9/13 12/13 3/14 6/14 (19.1) (17.4) (19.4) (23.6) (17.1) (6.8) (5.1) (4.8) (6.9) (5.4) 6/13 9/13 12/13 3/14 6/14 Institutional Long-Term Sales Institutional Long-Term Redemptions Graphs do not include high net worth client flows.

Flows by Investment Objective: Global / International Equity and Fixed-Income 12 1. Sales and redemptions as a percentage of beginning assets under management are annualized. % of Beg. AUM1 Prior 4 Quarters Avg. Current Quarter Sales 22% 18% Redemptions 22% 20% % of Beg. AUM1 Prior 4 Quarters Avg. Current Quarter Sales 33% 28% Redemptions 34% 25% (in US$ billions, for the three months ended) Global / International Equity Global / International Fixed-Income Long-Term Net New Flows Long-Term Sales Long-Term Redemptions 11.4 12.5 15.1 13.2 11.8 (13.4) (11.5) (12.3) (14.4) (13.1) (2.2) 1.2 3.1 (1.2) (1.2) 6/13 9/13 12/13 3/14 6/14 30.2 16.1 15.9 14.3 15.6 (19.7) (18.6) (18.4) (22.0) (14.0) 10.2 (3.6) (3.1) (8.8) 1.4 6/13 9/13 12/13 3/14 6/14

Flows by Investment Objective: U.S. Equity and Hybrid 13 1. Sales and redemptions as a percentage of beginning assets under management are annualized. % of Beg. AUM1 Prior 4 Quarters Avg. Current Quarter Sales 25% 20% Redemptions 25% 22% % of Beg. AUM1 Prior 4 Quarters Avg. Current Quarter Sales 22% 23% Redemptions 16% 16% (in US$ billions, for the three months ended) U.S. Equity Hybrid Long-Term Net New Flows Long-Term Sales Long-Term Redemptions 4.5 5.5 6.1 8.2 5.6 (6.1) (5.2) (6.1) (6.2) (6.0) (1.2) 1.2 0.4 2.6 (0.6) 6/13 9/13 12/13 3/14 6/14 7.9 6.8 6.5 8.1 8.8 (5.6) (5.1) (4.1) (7.2) (6.0) 2.7 3.2 3.2 1.4 3.1 6/13 9/13 12/13 3/14 6/14

Flows by Investment Objective: Tax-Free and Taxable U.S. Fixed-Income 14 1. Sales and redemptions as a percentage of beginning assets under management are annualized. % of Beg. AUM1 Prior 4 Quarters Avg. Current Quarter Sales 13% 11% Redemptions 25% 14% % of Beg. AUM1 Prior 4 Quarters Avg. Current Quarter Sales 31% 25% Redemptions 28% 24% (in US$ billions, for the three months ended) Tax-Free Fixed-Income Taxable U.S. Fixed-Income 2.9 2.5 1.9 2.3 2.0 (4.5) (6.2) (4.5) (3.6) (2.4) (2.5) (5.4) (3.4) (1.5) (0.4) 6/13 9/13 12/13 3/14 6/14 5.2 4.6 4.3 3.7 3.8 (4.6) (3.9) (4.3) (3.3) (3.6) 0.4 0.5 (0.2) 0.7 0.2 6/13 9/13 12/13 3/14 6/14 Long-Term Net New Flows Long-Term Sales Long-Term Redemptions

Financial Results

Quarterly Financial Highlights 16 1. Net income attributable to Franklin Resources, Inc. Operating Income Net Income1 (in US$ millions, except per share data, for the three months ended) Unaudited $0.86 $0.80 $0.96 $0.89 $0.92 6/13 9/13 12/13 3/14 6/14 772 735 813 786 787 552 509 604 561 579 6/13 9/13 12/13 3/14 6/14 Operating and Net Income1 Diluted Earnings Per Share

Operating Revenues 17 Unaudited Jun-14 Mar-14 Jun-14 vs. Mar-14 Dec-13 Sep-13 Jun-13 Jun-14 vs. Jun-13 Investment management fees 1,393.2$ 1,368.0$ 2% 1,373.8$ 1,285.7$ 1,318.3$ 6% Sales and distribution fees 643.7 638.6 1% 636.7 604.7 664.5 (3%) Shareholder servicing fees 69.0 67.7 2% 76.1 75.2 77.5 (11%) Other, net 24.6 21.6 14% 22.9 19.2 24.5 0% Total Operating Revenues 2,130.5$ 2,095.9$ 2% 2,109.5$ 1,984.8$ 2,084.8$ 2% (in US$ millions, for the three months ended)

Operating Expenses 18 Unaudited (in US$ millions, for the three months ended) Jun-14 Mar-14 Jun-14 vs. Mar-14 Dec-13 Sep-13 Jun-13 Jun-14 vs. Jun-13 Sales, distribution and marketing 789.3$ 766.3$ 3% 776.7$ 717.6$ 812.8$ (3%) Compensation and benefits 380.7 372.3 2% 349.0 348.8 345.5 10% Information systems and technology 54.3 51.0 6% 50.2 58.3 44.4 22% Occupancy 34.1 33.8 1% 33.1 35.0 33.9 1% General, administrative and other 85.3 86.5 (1%) 87.4 90.0 76.5 12% Total Operating Expenses 1,343.7$ 1,309.9$ 3% 1,296.4$ 1,249.7$ 1,313.1$ 2%

Operating Leverage Growing Operating Income Faster than AUM 19 Unaudited 1. Fiscal 2014 year-to-date operating income was annualized for CAGR calculation. CAGR is the compound average annual growth rate over the trailing 10-year period. 931 1,288 1,633 2,068 2,099 1,203 1,959 2,660 2,515 2,921 2,3861 Operating Income (in US$ millions) Average AUM: 10% CAGR Operating Income: 13% CAGR 340 411 482 582 605 442 571 694 706 808 881 27.1% 29.9% 32.3% 33.3% 34.8% 28.7% 33.5% 37.3% 35.4% 36.6% 37.7% 9/04 9/05 9/06 9/07 9/08 9/09 9/10 9/11 9/12 9/13 6/14 Operating Margin (%) vs. Average AUM (in US$ billions) Operating Margin Average AUM

Associated Financial Statement Components $37.8 Million2 $58.9 Million Cash and cash equivalents, investment securities, available-for- sale and investment securities, trading Investments in equity method investees Investment securities, available-for- sale Investment securities, trading Debt and deferred taxes Miscellaneous non-operating income, including foreign exchange revaluations of cash and cash equivalents held by subsidiaries with a non-USD functional currency Investments of consolidated SIPs Investments of consolidated VIEs Related noncontrolling interests attributable to third-party investors 20 1. Reflects the portion of noncontrolling interests related to consolidated SIPs and VIEs included in Other income. 2. Net of the impact of consolidating SIPs and VIEs as summarized in the appendix. Dividend and interest income Equity method investments Available-for- sale investments Trading investments Interest expense Other Consolidated sponsored investment products (SIPs) Consolidated variable interest entities (VIEs) Total other income Noncontrolling interests1 Other income, net of noncontrolling interests Unaudited (in US$ millions, for the three months ended June 30, 2014) 4.6 33.6 7.8 2.6 (10.9) 0.1 59.4 (0.5) 96.7 (44.3) 52.4 Other Income – U.S. GAAP

Capital Management

U.S. Asset Managers (ex-BEN)1: 2.3% Compound Annual Dilution -15% -10% -5% 0% 5% 10% 15% 6/09 12/09 6/10 12/10 6/11 12/11 6/12 12/12 6/13 12/13 6/14 Share Repurchases Accretive to Earnings per Share 22 1. U.S. asset managers include AB, AMG, APAM, APO, BLK, BX, CG, CLMS, CNS, EV, FIG, FII, GBL, IVZ, JNS, KKR, LM, MN, OAK, OZM, PZN, TROW, WDR and WETF. Source: Thomson Reuters and company reports. BEN U.S. Asset Managers Average (ex-BEN)1 Unaudited Change in Ending Shares Outstanding Share Repurchases (US$ millions) vs. Average BEN Price BEN: 2.0% Compound Annual Accretion Share Repurchase Amount BEN Average Price for the Period 129 179 137 265 105 23 98 99 282 126 291 337 204 215 199 172 212 117 174 158 110 $0 $20 $40 $60 6/1412/136/1312/126/1212/116/1112/106/1012/096/09

Return of Capital Distributing U.S. Free Cash Flow Unaudited Trailing 12 Months Share Repurchases and Dividends1 (US$ millions) Dividends Share Repurchases 23 1. The chart above illustrates the amount of share repurchases and dividends over the trailing 12 months, for the period ended. Dividend payout is calculated as dividend amount declared divided by net income attributable to Franklin Resources, Inc. for the trailing 12-month period. Repurchase payout is calculated as stock repurchase amount divided by net income attributable to Franklin Resources, Inc. for the trailing 12-month period. 41% 41% 12% 12% 13% 15% 23% 24% 31% 31% $1,207 $1,378 $792 $962 $999 6/13 9/13 12/13 3/14 6/14

Strong Balance Sheet Unaudited Net Cash and Investments1 (US$ billions) 24 1. Net cash and investments consists of Franklin Resources, Inc. cash and investments (including only direct investments in consolidated SIPs and VIEs), net of debt and deposits. U.S. Net Cash and Investments Non-U.S. Net Cash and Investments 1.1 1.1 0.9 0.8 4.1 4.8 5.6 6.5 5.2 5.9 6.5 7.3 8.8 FYE-9/10 FYE-9/11 FYE-9/12 FYE-9/13 QE-6/14

Appendix

Sales and Distribution Summary This table summarizes the asset- and sales- based distribution fees, net of expense. • Asset-based expenses are generally not directly correlated with asset-based revenue due to international fee structures which provide for recovery of certain distribution costs through investment management fees. • Sales-based expenses are determined as a percentage of sales and are incurred from the same commissionable sales transactions that generate sales fee revenues. • Deferred sales commissions, which are related to up-front commissions on shares sold without a front-end sales charge, are amortized over the periods in which commissions are generally recovered from distribution fee revenues (and to a lesser extent, from contingent deferred sales charges received from shareholders of the funds upon redemption of their shares). 26 See the MD&A section of the Company’s recent Form 10-Q for additional information. • The change in net asset-based fees of $14.4 million primarily consists of non-recurring items of $12.2 million. • Annualized distribution fees as a percentage of average AUM were 0.20% and 0.21% for the three and nine months ended June 30, 2014, and 0.21% for the same periods in the prior fiscal year. • Commissionable sales represented 12% of total sales for the three and nine months ended June 30, 2014, and 11% and 12% for the same periods in the prior fiscal year. Sales fees as a percentage of commissionable sales were 3.1% for the three and nine months ended June 30, 2014, and 3.1% and 3.2% for the same periods in the prior fiscal year. Unaudited (in US$ millions, for the three months ended) Jun-14 Mar-14 Change % Change Asset-based fees, net (130.2)$ (115.8)$ (14.4)$ 12% Sales-based f s, n t 15.5 20.2 (4.7) (23%) Amortization of f rred sales commissions (30.9) (32.1) 1.2 (4%) Sales and Distribution Fees, Net (145.6)$ (127.7)$ (17.9)$ 14%

Consolidated SIPs and VIEs Related Adjustments 27 Unaudited (in US$ millions, for the three and nine months ended) Jun-14 FYTD Jun-14 Operating Revenues 14.0$ 34.4$ Operating Expenses 2.1 11.5 Operating Income 11.9 22.9 Investment Income (15.1) (24.6) Interest Expense (1.3) (3.7) Consolidated SIPs 59.4 38.7 Consolidated VIEs (0.5) 7.4 Other Income 42.5 17.8 Net Income 54.4 40.7 Less: net income attributable to noncontrolling interests 51.7 35.2 Net Income Attributable to Franklin Resources, Inc. 2.7$ 5.5$ This table summarizes the impact of consolidating SIPs and VIEs on the Company’s reported U.S. GAAP operating results.