Head of Private Markets - Enterprise RIA

Franklin Templeton • Baltimore, MD

2d • $240,000 • Hybrid

About The Position

At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we provide opportunities to help you reach your potential while helping our clients reach theirs. Come join us in delivering better outcomes for our clients around the world! What is the Alternatives group responsible for? Franklin Templeton began the decade under the leadership of Jenny Johnson, who became President and CEO in February of 2020 and led the acquisition of several companies to propel the firm into a new phase of growth, including the largest and most significant acquisition in the company's history, Legg Mason. Legg Mason and its specialist investment managers added differentiated capabilities to Franklin Templeton's existing investment strategies, bringing notable leadership and strength in core fixed income, active equities, multi-asset solutions, and alternatives, a key growth area. A concentrated focus on alternatives led to Templeton's acquisition of Lexington Partners in 2022, a leader in secondary private equity and co-investments. With the closure of the Lexington and Alcentra transactions, the firm includes top-tier specialist investment managers across all key alternative categories: private and alternative debt, unconstrained and hedge strategies, real estate, secondary private equity & co-investments, and venture/growth equity. Learn more about our Private Markets business here Franklin Templeton Alternatives | Alternatives by FT Franklin Templeton's diverse collection of alternative specialist investment managers (SIMs) includes: Lexington Partners is a leading global alternative investment manager of secondary private equity and co-investment funds. Benefit Street Partners/Alcentra (BSP) is a leading global credit-focused alternative asset management firm investing across a range of illiquid and liquid credit strategies. Clarion Partners is a pure-play real estate investment manager offering strategies across the risk-return spectrum. Franklin Venture Partners (FVP) is a venture capital/growth equity focused business, specializing in enterprise and industrial technology investing. FVP delivers their capabilities into the global wealth market through drawdown funds and custom accounts. What is the Head of Private Markets – Enterprise RIA responsible for? Responsible for executing our RIA Aggregator Strategy, through direct engagement of home-offices for the firm’s most sophisticated and scaled RIA clients and prospects. Deep coordination and collaboration with the Private Market SIMs inside FT Private Markets, including Lexington, Clarion, Benefit Street Partners and Franklin Venture Partners Work with RIA field sales organization, as well as key partners across data intelligence to optimize fundraising at RIA Aggregator post platform placement Oversight and development, in collaboration with key partners in marketing, product and investor services, our end-to-end support of RIA Aggregator clients What ideal qualifications, skills & experience would help someone to be successful? Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position range to be $240,000 USD. #LI-Hybrid Experience our welcoming culture and reach your professional and personal potential! Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life. By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have your needs covered. Learn more about the wide range of benefits we offer at Franklin Templeton. Highlights of our benefits include: Three weeks paid time off the first year Medical, dental and vision insurance 401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits Employee Stock Investment Program Tuition Assistance Program Purchase of company funds with no sales charge Onsite fitness center and recreation center Onsite cafeteria Only applicable at certain locations Learn more about the wide range of benefits we offer at Franklin Templeton Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to [email protected] . In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.

Requirements

• Bachelor’s degree, preferably in Finance or Business
• Minimum 5 years of experience in an external sales capacity
• Current FINRA Registrations preferred: Series 3, 6, 7, 24, and 63 licenses
• Team player mentality
• Enhanced problem-solving and analytical abilities
• Excellent oral, written and interpersonal communications skills – the ability to simply communicate complex investments and structures
• Energetic, self-motivated, positive attitude, goal-oriented
• Ability to meet deadlines, strong organizational skills, ability to work independently and collaboratively

Nice To Haves

• Current FINRA Registrations preferred: Series 3, 6, 7, 24, and 63 licenses

Responsibilities

• Responsible for executing our RIA Aggregator Strategy, through direct engagement of home-offices for the firm’s most sophisticated and scaled RIA clients and prospects.
• Deep coordination and collaboration with the Private Market SIMs inside FT Private Markets, including Lexington, Clarion, Benefit Street Partners and Franklin Venture Partners
• Work with RIA field sales organization, as well as key partners across data intelligence to optimize fundraising at RIA Aggregator post platform placement
• Oversight and development, in collaboration with key partners in marketing, product and investor services, our end-to-end support of RIA Aggregator clients

Benefits

• Three weeks paid time off the first year
• Medical, dental and vision insurance
• 401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits
• Employee Stock Investment Program
• Tuition Assistance Program
• Purchase of company funds with no sales charge
• Onsite fitness center and recreation center
• Onsite cafeteria Only applicable at certain locations

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level