Franklin Templeton CEO Discusses Family-Business Succession and Asset Management's Technology Challenges

Drawing on three generations of experience sustaining a family business, Franklin Templeton CEO Jenny Johnson said wealth succession involves more than allocating assets. It also depends on institutionalized governance, shared values and corporate culture to mitigate generational differences and long-term time-horizon risks.

Johnson recently said the asset management industry is simultaneously confronting shifts toward active ETFs, digital assets and tokenization, requiring institutions to adapt their products and technology capabilities. The report did not disclose the interview date, assets under management or any transaction value, focusing instead on three elements of succession and the industry's transformation.