Frankling Resources Inc. (BEN) remains well-positioned for growth on the back of opportunistic acquisitions, a solid distribution platform and an organic growth strategy. However, a rising expense base and concentrated revenues from investment management fee are major woes. Franklin has been growing through acquisitions. In January 2024, the company acquired Putnam Investments, a global asset management firm. This deal is expected to boost the company’s presence in the retirement space by enhancing its defi ...