Asset Allocation

Franklin Templeton • New York City, NY

13d • Onsite

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. Talented teams working around the globe bring expertise that’s both broad and unique. And our welcoming, respectful and inclusive culture provides 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! 2026 Undergraduate Summer Intern – Job Posting Department Title: Undergrad Intern – Fiduciary Trust Asset Allocation Please read before applying: Start Date: All interns must start in office and in person on June 8, 2026. Anticipated End Date: August 14, 2026 – All interns must be in office and in person on their last day to return equipment. Interns must be located in the same location throughout the duration of their internship and are prohibited from returning laptop/equipment to a different office location or shipping their equipment back. Position Summary: We are responsible for setting the asset allocation strategy, both strategic and tactical, for the high-net-worth specialist investment manager (SIM) of Franklin Templeton. Our team also provides updates on financial market conditions and economic data to front-office representatives and our clients. Team Culture: We are a small team (three individuals) therefore the projects and deliverables the intern works on would be a significant contribution to the team’s workflow and research process. Our team collaborates with many teams within Fiduciary Trust (equity strategy, fixed income strategy, manager research and marketing). Our team also collaborates with the broader Franklin organization, such as the Franklin Templeton Solutions group, which we plan on more closely partnering with through FY 2024 Given the fluidity of financial markets, the team is comprised of open-minded individuals. An intern in this department can expect to learn: Have a better and deeper understanding of financial markets, economic data and how these data points fit into a holistic multi-asset/asset allocation strategy. Become more proficient in the Microsoft office suite – Word, PowerPoint and Excel Have a better understanding of the financial service industry and the many aspects that go into a being a first-class provider of high-net-worth services. Would allow the intern to learn about financial markets and portfolio strategy. The intern should largely expect to learn something new every day – this is one of the things I love about my current role within the team. Team often converses with not only investment leadership, but the broader leadership of the firm. This is great exposure for the intern and access that they would likely not get at other large financial service firms. As stated above, the team is small, so the intern’s work would strongly contribute to the team’s performance and workflows. Have the ability to attend outside events that are hosted by sell-side research providers. This would give the intern a broader exposure to the financial service industry. Again, something that is somewhat unique to an internship at Franklin Templeton/Fiduciary Trust.

Requirements

• Someone who is interested in or has a keen understanding of financial markets and economic data
• Emphasis on Finance and Economics majors
• Someone who has knowledge or has some proficiency in Microsoft Office – Word, PowerPoint and Excel

Nice To Haves

• Would also entertain computer science/programming majors
• Ideally the candidate has some form of coding experience, specifically Python and is proficient in GitHub

Responsibilities

• The intern would be responsible for helping the team with many of our day-to-day tasks
• Following financial markets and economic data
• Help research/ prepare materials for Asset Allocation meetings, Macro & Asset Allocation Strategy meetings and any internal or external communication pieces
• Help initiate a monthly economic presentation utilizing Macrobond
• This presentation will include many different economic data points from a number of key countries/regions that we monitor around the world, i.e., U.S., Continental Europe, UK, Japan, China and EM ex China
• This would be distributed to front-office representatives
• Reformat our portfolio construction tool, to have both our Strategic and Tactical Asset Allocation models populate in one screen vs. toggling back and forth between screens
• Also ensure that this data is properly filtering through into FIDO Custom – we will seek to understand the intern’s key areas of interests and tailor a project for them in this area so they can showcase their interests/expertise

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed