Franklin Templeton Expands Partnership with Janney to Deliver Canvas Custom Indexing Platform

Franklin Templeton today announces an expanded partnership with Janney Montgomery Scott LLC to deliver a suite of tax-managed S&P based-index strategies through its Custom Indexing capabilities. The eight tax-managed Separately Managed Accounts (SMA) will give Janney financial advisors access to Canvas, Franklin Templeton’s leading Custom Indexing platform developed by its O’Shaughnessy Asset Management team.

“This marks another milestone for Franklin Templeton, furthering our position as a top SMA provider through differentiated tax management and customization capabilities,” said Roger Paradiso, Head of Product Solutions for Franklin Templeton. “Canvas will give Janney financial advisors a differentiated digital solution with innovative tools and operational assurance to strengthen client relationships by further personalizing investment management. We are excited to be expanding the reach of Canvas.”

The tax-managed strategies seek to deliver similar pre-tax returns as their tracked index while outperforming on an after-tax basis. The initial SMA product lineup includes:

• Franklin Templeton S&P 500 – Tax Managed
• Franklin Templeton S&P 500 Growth – Tax Managed
• Franklin Templeton S&P 500 Value – Tax Managed
• Franklin Templeton Dow Jones US Select Dividend – Tax Managed
• Franklin Templeton S&P 400 – Tax Managed
• Franklin Templeton S&P 600 – Tax Managed
• Franklin Templeton S&P 1500 – Tax Managed
• Franklin Templeton S&P ADR – Tax Managed

After selecting a base index, advisors can shape portfolios according to client values by leveraging Canvas’ 50+ values-based tilts and exclusions. Furthermore, individual positions, sectors, industries, and countries can be restricted to adjust for client risk profile, private-market exposure, and/or additional values.

“At Janney, we continually look for innovative and leading solutions to help our Advisors meet client needs and enhance their overall wealth management advice. We’re thrilled to offer Canvas on our platform as this solution provides our Advisors the capability to solve deeper client needs with tax management and customization while delivering tax alpha,” said Lindsey Tracey, Head of Advisory Solutions at Janney.

Canvas’ web-based platform empowers advisors to easily create personalized and diversified portfolios targeting attractive after-tax returns. Venturing beyond traditional Direct Indexing, Canvas is a holistic technology focused on giving advisors more investment solutions, increased control, and the tools and efficiency to scale their businesses. It’s an example of Franklin Templeton’s commitment to providing differentiated outcomes and real customization to the broader investment community.