5. Franklin Resources - Financial Sector

Franklin Resources and its subsidiaries are known as Franklin Templeton Investments. It is an investment and financial services company. It is head-quartered in San Mateo, California, USA. It was founded in the year 1947 and was called Franklin Distributors back then. Charles B. Johnson is the Chairman of the company, while Greg Johnson is the CEO and Rupert Johnson, Jr. is the Vice Chairman.

Cash as Percent of Assets: 50.4 Percent

Cash as Percent of Annual Revenue: 94.5 Percent

Total Cash and Short-term Investments: $6.75 Billion

Sector Averages

Liquid Assets as Percent of Total Assets: 31.47 Percent

Total Liquid Assets: $4.53 Billion

Other Cash-Rich Companies in Financial Sector

BNY Mellon: 47.3 Percent of Assets

Citigroup: 42.1 Percent of Assets