Firm moves beyond pilots, betting on agentic AI to drive next-wave efficiency and insight
Franklin Templeton is taking a decisive step into the future of asset management with a multi-year partnership with Wand AI, marking one of the industry’s clearest signals yet that artificial intelligence is moving from experimentation to full-scale execution.
The deal aims to embed Wand AI’s agentic AI (systems designed to act autonomously and adapt across complex workflows) throughout Franklin Templeton’s global operations, moving on from recent pilots to enterprise-level automation.
“Our partnership with Wand AI brings agentic AI out of the lab and into live production – embedded across research, operations, and transformative initiatives,” explains Vasundhara Chetluru, Franklin Templeton’s Head of AI Platform. “With strong governance in place, we are demonstrating that AI can deliver secure, scalable, and measurable value.”
Franklin Templeton, which manages about $1.66 trillion in assets, is betting that agentic systems can enhance productivity and insight while maintaining rigorous oversight, a balance the broader industry is still struggling to achieve.
The firm’s collaboration with Wand AI has been building quietly over the past year with initial pilots within investment teams. But 2026 is targeted for wide-scale integration across the firm, cementing Franklin Templeton’s belief that AI will be a differentiator not just in how it invests, but in how it operates.
“At Wand AI, our mission is bold and clear: to elevate AI from experimental technology to a fully integrated, adaptive workforce that drives enterprise-wide transformation and delivers significant business impact,” says CEO Rotem Alaluf.
Recently, Jasmina Hazuria, executive director of wealth & asset management at Capco, the tech consultancy that specializes in driving transformation in financial services, spoke with WP about how agentic AI will transform the industry, among a wide range of topics.
“For advisors, AI is proving effective in areas like lead generation, CRM integration to enhance marketing or track client activity and life events, and portfolio management platforms that can quickly analyze data,” she said. “A fully reimagined journey requires less human intervention,” she says, explaining that instead of manually filling forms, AI could capture data conversationally across digital channels, automatically generate documents, and deliver prepared summaries to advisors.”
