We’d be remiss if we didn’t mark the passing of one of the greats. Sir John Templeton died Tuesday at the age of 95. For anyone who’s observed Franklin Templeton‘s 50 year track record of success, and more importantly, Sir John’s legendary philanthropic efforts, he will be sorely missed. According to the Wall Street Journal , a $10,000 investment in the storied Templeton Growth Fund in 1954 would have grown to $2 million by 1992, when Sir John sold his company to Franklin Resources, the San Mateo, Calif.-based fund giant, for $913 million. That translates to an annualized 14.5 percent return. In 1999, Money Magazine called Sir John “arguably the greatest global stock picker of the century.” To be called the best of anything in one year would be an achievement; to be called the best in a century, even better. We had the pleasure of interviewing former Templeton global equity head Jeff Everett for our September 2006 mutual fund resource guide. He told a number of interesting stories about Sir John. It can be found at http://www.boomermarketadvisor.com.
Gen Xers are facing "financial pressure on all sides,” according to Schwab research.
Feeling adventurous but need to save money? Here are 15 cheap places based on four key metrics.
Advisors who provide rollover advice must exercise caution to ensure compliance with both regimes.
Sponsored by FMG Suite
Finding the right marketing solution for your advisors.
Sponsored by Smarsh
Review these scenarios to make sure you avoid FINRA & SEC penalties.
Sponsored by Smarsh
It’s easy for modern communication methods to expose your firm to risk. Find out how to ensure you remain compliant!
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.