Asset Allocation

Franklin Templeton

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: Not Disclosed
Posted on: 5 hours ago
Vacancies: 1 Vacancy

Job Summary

At Franklin Templeton were advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management wealth management and fintech offering many ways to help investors make progress toward their goals. Talented teams working around the globe bring expertise thats both broad and unique. And our welcoming respectful and inclusive culture provides opportunities to help you reach your potential while helping our clients reach theirs.

Come join us in delivering better outcomes for our clients around the world!

2026 Undergraduate Summer Intern Job Posting

Department Title: Undergrad Intern Fiduciary Trust Asset Allocation

Please read before applying:

Start Date: All interns must start in office and in person on June 8 2026.

Anticipated End Date: August 14 2026 All interns must be in office and in person on their last day to return equipment. Interns must be located in the same location throughout the duration of their internship and are prohibited from returning laptop/equipment to a different office location or shipping their equipment back.

Position Summary:

We are responsible for setting the asset allocation strategy both strategic and tactical for the high-net-worth specialist investment manager (SIM) of Franklin Templeton. Our team also provides updates on financial market conditions and economic data to front-office representatives and our clients.

Team Culture:

  • We are a small team (three individuals) therefore the projects and deliverables the intern works on would be a significant contribution to the teams workflow and research process.
  • Our team collaborates with many teams within Fiduciary Trust (equity strategy fixed income strategy manager research and marketing). Our team also collaborates with the broader Franklin organization such as the Franklin Templeton Solutions group which we plan on more closely partnering with through FY 2024
  • Given the fluidity of financial markets the team is comprised of open-minded individuals.

An intern in this department can expect to learn:

  • Have a better and deeper understanding of financial markets economic data and how these data points fit into a holistic multi-asset/asset allocation strategy.
  • Become more proficient in the Microsoft office suite Word PowerPoint and Excel
  • Have a better understanding of the financial service industry and the many aspects that go into a being a first-class provider of high-net-worth services.
  • Would allow the intern to learn about financial markets and portfolio strategy.
    • The intern should largely expect to learn something new every day this is one of the things I love about my current role within the team.
  • Team often converses with not only investment leadership but the broader leadership of the firm. This is great exposure for the intern and access that they would likely not get at other large financial service firms.
  • As stated above the team is small so the interns work would strongly contribute to the teams performance and workflows.
  • Have the ability to attend outside events that are hosted by sell-side research providers. This would give the intern a broader exposure to the financial service industry. Again something that is somewhat unique to an internship at Franklin Templeton/Fiduciary Trust.

Key Responsibilities Can Include:

  • The intern would be responsible for helping the team with many of our day-to-day tasks

    Following financial markets and economic data

    Help research/ prepare materials for Asset Allocation meetings Macro & Asset Allocation Strategy meetings and any internal or external communication pieces

  • Help initiate a monthly economic presentation utilizing Macrobond

    This presentation will include many different economic data points from a number of key countries/regions that we monitor around the world i.e. U.S. Continental Europe UK Japan China and EM ex China

    This would be distributed to front-office representatives

  • Reformat our portfolio construction tool to have both our Strategic and Tactical Asset Allocation models populate in one screen vs. toggling back and forth between screens

    Also ensure that this data is properly filtering through into FIDO

  • Custom we will seek to understand the interns key areas of interests and tailor a project for them in this area so they can showcase their interests/expertise

Ideal Qualifications:

  • Someone who is interested in or has a keen understanding of financial markets and economic data

    Emphasis on Finance and Economics majors

    Would also entertain computer science/programming majors

  • Someone who has knowledge or has some proficiency in Microsoft Office Word PowerPoint and Excel
  • Ideally the candidate has some form of coding experience specifically Python and is proficient in GitHub

Ready to make movesApply today!

Please be sure to attach your resume when submitting your application. Applications submitted without a resume will not be considered.

Due to the high volume of applications we receive we may not be able to respond to each applicant individually. If youre interested in more than one internship we encourage you to apply to all positions that align with your interests.

This is a full-time internship where students will work approximately 35 (dependent on state/location) hours per week and earn competitive hourly pay of $31 (dependent on location and function) USD per hour. There are several factors taken into consideration in making compensation decisions including but not limited to location job-related knowledge skills and experience. At Franklin Templeton we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation.

At Franklin Templeton were advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management wealth management and fintech offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise thats both broad and unique. From our welcoming inclusive and flexible culture to our global and diverse business we provide opportunities to help you reach your potential while helping our clients reach theirs.

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Regardless of your interests lifestyle or background theres a place for you at Franklin Templeton. We provide employees with the tools resources and learning opportunities to help them excel in their career and personal life.

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees and we evaluate qualified applicants without regard to ancestry age color disability genetic information gender gender identity or gender expression marital status medical condition military or veteran status national origin race religion sex sexual orientation and any other basis protected by federal state or local law ordinance or regulation.

If you believe that you need an accommodation or adjustment to search for or apply for one of our positions please send an email to . In your email please include the accommodation or adjustment you are requesting the job title and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.

At Franklin Templeton were advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management wealth management and fintech offering many ways to help investors make progress toward their goals. Talented te...
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