Franklin Resources Appoints Rich Nuzum as Head of OCIO, Enhancing Investment Solutions

Franklin Resources Inc (BEN) has appointed Rich Nuzum as the Head of OCIO at Franklin Templeton Investment Solutions (FTIS). Nuzum brings over three decades of investment consulting experience and will lead the development and expansion of the OCIO business, enhancing the firm's strategic offerings. The appointment aligns with Franklin Templeton's commitment to providing streamlined operations and top-tier investment expertise to clients. FTIS manages $93 billion in assets, supported by a robust team of over 100 multi-asset investment professionals.

Franklin Templeton Investment Solutions (FTIS), a subsidiary of Franklin Resources Inc (BEN), has appointed Rich Nuzum as the new Head of OCIO (Outsourced Chief Investment Officer). Effective July 28, 2025, Nuzum will spearhead the development and expansion of FTIS's OCIO business, leveraging his extensive experience to enhance the firm's strategic offerings. This move aligns with Franklin Templeton's commitment to providing streamlined operations and top-tier investment expertise to its clients.

Rich Nuzum brings over three decades of investment consulting experience, having previously held senior positions at Mercer. At Mercer, he led the firm's retirement, consulting, and investments businesses across various geographies. His appointment underscores Franklin Templeton's strategic priority to expand its OCIO business, offering integrated and personalized investment solutions.

FTIS currently manages $93 billion in assets, supported by a robust team of over 100 multi-asset investment professionals. The appointment of Nuzum is part of Franklin Templeton's broader strategy to capture a larger share of the growing OCIO market, which reflects a broader industry trend towards seeking specialized investment expertise and operational efficiency.

While the immediate financial impacts and expected growth metrics from this appointment are not specified, the addition of Nuzum's extensive experience and global perspective is likely to drive growth and innovation within FTIS's investment solutions. Investors and financial professionals may need to monitor how this leadership change translates into tangible financial performance and client acquisition in the coming quarters.

References:
[1] https://www.gurufocus.com/news/2985731/franklin-resources-inc-ben-appoints-rich-nuzum-as-head-of-ocio-at-franklin-templeton-investment-solutions-ben-stock-news
[2] https://www.planadviser.com/?p=112283
[3] https://www.institutionalinvestor.com/article/rich-nuzum-joins-franklin-templeton-lead-its-ocio