Jeff Masom was named head of U.S. distribution at Franklin Templeton, effective Aug. 31.
It is a new position, the result of a newly established distribution model consisting of four regions that will follow the closing of Franklin Templeton's acquisition of Legg Mason on July 31.
Mr. Masom will report to Adam Spector, executive vice president, head of global distribution, who will join the combined organization Oct. 1, according to a news release Wednesday.
The four regions are the U.S.; Europe and the Middle East; Africa; and Americas ex-U.S.
Mr. Masom is currently global head of institutional distribution at RBC Global Asset Management. RBC spokesman Anthony Catinella said Mr. Masom is leaving the firm effective Aug. 14 and a decision on his replacement will be made "following a careful review of business priorities."
Before he took on his role at RBC, Mr. Masom had been senior managing director and head of U.S. sales at Legg Mason.
Franklin Templeton had $622 billion in assets under management as of June 30. When combined with Legg Mason, the firm will have about $1.4 trillion in AUM, according to the news release.
Franklin Templeton spokeswoman Stacey Coleman could not immediately provide further information.