Franklin Templeton announced that Rich Nuzum, former Executive Director of Investments at Mercer, has joined Franklin Templeton Investment Solutions (FTIS) as Head of OCIO. Nuzum will be based in New York and report directly to Adam Petryk, Head of Franklin Templeton Investment Solutions.
Nuzum will lead the development and expansion of FTIS’s OCIO business, building on the firm’s successful solutions growth over the past several years. As clients increasingly utilize Franklin Templeton’s extensive investment capabilities, FTIS plays a strategic role as a gateway to these resources. Growing the OCIO business is a natural extension of this strategy.
Nuzum joins Franklin Templeton from Mercer, where he spent more than 30 years providing investment consulting advice to institutional investors. He holds an MBA in analytic finance and accounting from the University of Chicago and a bachelor’s degree in mathematical sciences and mathematical economic analysis from Rice University. He also completed graduate work in international economics at Tokyo University. Nuzum is a CFA® charterholder and a member of the CFA Institute.
Founded in 1996, Franklin Templeton Investment Solutions manages $93 billion in assets as of June 2025, with a team of over 100 multi-asset investment professionals. FTIS develops asset allocation, quantitative, and hedged strategies for clients worldwide, leveraging the expertise across Franklin Templeton. The platform uses an integrated investment process and is supported by a dedicated research team that covers strategies both within and outside Franklin Templeton.
KEY QUOTES:
“We are excited to welcome Rich to Franklin Templeton. The OCIO business is a key strategic priority as asset owners increasingly seek comprehensive investment capabilities that Franklin Templeton can offer across both public and private markets. This is further complemented by the portfolio construction and management expertise of FTIS.”
Jenny Johnson, President and CEO of Franklin Templeton
“I look forward to joining Franklin Templeton Investment Solutions in a capacity where I can help our clients strategically navigate their portfolios. As alternatives continue to grow, I am proud to be part of a team that leverages best-in-class research to deliver holistic, customized solutions aligned with each client’s investment objectives and risk tolerance.”
Rich Nuzum, Head of OCIO
