Risk factors
Franklin Resources (BEN) risk factors
Item 1A of every Franklin Resources Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors30 risks1 new2 dropped3 reworded
AI is newly identified as a business risk, including inaccurate outputs, data security, privacy, intellectual property, bias and regulatory uncertainty.
Filed Nov 10, 2025 - FY2024 10-K risk factors31 risks
AUM levels, product mix and investment performance drive revenue volatility.
Filed Nov 12, 2024