Franklin Templeton Now Offers SMAs on UBS Platforms

Franklin Templeton is now offering a suite of tax-managed, active and passive separately managed account strategies on UBS Wealth Management’s single and dual contract SMA platforms.

The lineup will give UBS advisors access to Canvas, Franklin Templeton’s custom indexing solution, which is designed to provide personalized portfolios that can potentially improve after-tax returns, the company announced Wednesday.

“Active strategies are built to generate excess return, but if the capital gains taxes they generate are not managed carefully, their after-tax returns can be significantly impacted,” said Roger Paradiso, who heads Franklin Templeton’s advisor portfolio and technology solutions.

“Marrying the fundamentals of direct and custom indexing with active management and channeling distribution into the wirehouse and broker-dealer segment of the market is a promising development,” he added.

The strategies combine Canvas’ technology with Franklin Templeton’s global equity specialist manager ClearBridge Investments’ fundamental investing practices, enabling advisors to offer customized portfolios with fully digital account implementation and management.

The strategy lineup includes:

ClearBridge Large Cap Growth – Canvas Tax Managed ClearBridge All Cap Growth – Canvas Tax Managed ClearBridge Dividend Strategy – Canvas Tax Managed Franklin Templeton S&P 500 – Canvas Tax Managed

In addition to the Canvas tax-managed strategies, two additional strategies from the Franklin Managed Options Strategies (Franklin MOST) team also launched at UBS:

Franklin MOST Managed Call Selling Franklin MOST Risk Managed Equity

The addition of Franklin MOST alongside Canvas provides another tool for advisors to more effectively customize client portfolios at scale, Franklin Templeton said.

Franklin Templeton manages over $137 billion in SMA assets.

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