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MFWire: Legg Mason Funds & Western Asset Funds & LM Funds & Citifunds Trust
MUTUAL FUND FAMILY PROFILES [BETA]
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Legg Mason
100 International Drive
Baltimore, MD  21202
Google Maps

Contact
Main Phone: 800-451-2010
Web Site: http://www.leggmason.com

Mutual Fund Brand(s)
Legg Mason Funds & Western Asset Funds & LM Funds & Citifunds Trust

Research Links
Stock Data: SEC Filings | Yahoo! Quote
  • SEC Fund Filings by CIK

  • Background:
    Founded as a broker-dealer in 1899, Legg Mason is now primarily an asset management firm with global operations.

    In 2005 it swapped its remaining brokerage business, including its Private Client and Capital Markets business, to CitiGroup in exchange for Citi Asset Management.

    Mark R. Fetting, a "non-family" chief, succeeded co-founder Raymond A. "Chip" Mason as CEO in 2008. Fetting is the first non-Mason to take the reins. Then in September 2012 Legg announced that Fetting would step down on October 1.

    The firm's asset management subsidiaries (and the year acquired) include:


  • Legg Mason Capital Management, Baltimore
  • Western Asset Management, Pasadena, CA (1986)
  • Brandywine Global, Philadelphia (1986)
  • Batterymarch Financial Management, Boston (1995)
  • Royce & Associates (2001)
  • ClearBridge Advisors, New York (2005)
  • The Permal Group, New York (2005)

    On November 17, 2011, the firm announced that legendary PM Bill Miller was relinquishing his post as PM of the Legg Mason Capital Management Value Equity strategy to Sam Peters, effective in April 2012.

    Mark Fetting stepped down from his post as chief executive officer and chairman in October 2012.

    After serving as Fetting's interim replacement, Joseph Sullivan was named permanent CEO in February 2013.

    Sullivan has since led a comprehensive reorganization of Legg, instituting a number of changes in its C-suite, including the hiring of executive vice president and dead of business development Thomas Hoops, and acquisitions of the New York-based institutional shop QS Investors and the London-based fund of hedge funds firm Fauchier Partners.

    Co-heads of sales Francis Cashman and Jeff Mason are currently leading an evolution of Legg's sales and distribution organization.

    As of March 31, 2014, Legg had $701.8 billion in assets under management.
  • Legg Mason logo

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    Key People:
    Joe Sullivan
    CEO, President and Chairman, Legg Mason
    Bill Miller
    Chairman, Chief Investment Officer, LMM (dba Miller Value Partners)
    Matt Schiffman
    Managing Director Head of Global Marketing / Head of US Retail Distribution , Legg Mason, Inc.
    Peter Nachtwey
    Chief Financial Officer, Legg Mason
    Thomas Lemke
    General Counsel, Legg Mason
    Jeffrey Nattans
    Head of M&A, Business Development, Legg Mason
    C.R. Shaw
    Head of US Product Marketing, Legg Mason
    Jeff Masom
    Managing Director, Co-Head of U.S. Sales , Legg Mason
    Fran Cashman
    Managing Director, Co-Head of U.S. Sales, Legg Mason Investment Counsel
    Jennifer Murphy
    Chief Adminstrative Officer, Legg Mason
    Gary Kleinschmidt
    Director, Head of Retirement Sales, "Retirement Solutions", Legg Mason & Co., Inc.
    W. Reed
    Non-Executive Chairman, Legg Mason
    Story Archive for Legg Mason
    Published On Story Headline Publication
    7/26/2017 Sullivan Wants to Stack Legg's Non-Traditional Wins MFWire.com
    7/24/2017 Week In Preview, July 24-30 MFWire.com
    7/21/2017 New Fund Fuss - July 21, 2017 MFWire.com
    7/13/2017 20 Fund Firms Team Up With LPL For a New Mini-Mart MFWire.com
    5/16/2017 Sullivan Anoints Sales and Marketing Chiefs at Legg MFWire.com
    5/8/2017 This Week In Preview, May 8-14 MFWire.com
    5/5/2017 Follow the Fundsters - May 9, 2017 MFWire.com
    5/1/2017 Eye for Earnings - May 1, 2017 MFWire.com
    3/31/2017 M*, Putnam and Legg Mason Win Big at the Mutual Funds Industry Awards MFWire.com
    3/30/2017 Sullivan Trims, But Not at Legg Mason's Affiliates MFWire.com
    3/24/2017 Vanguard, Nuveen, and Morgan Stanley Win Big in Gotham MFWire.com
    3/15/2017 PwC and Northern Trust Help Fundsters Say Goodbye to Palm Desert MFWire.com
    3/10/2017 ICI MFIM 2017 Begins This Weekend MFWire.com
    2/21/2017 Has Joe Sullivan Found a Buyer For Legg? MFWire.com
    2/13/2017 Masom Picks a Legg National Accounts Chief, For Now MFWire.com
    2/10/2017 Filings for Fundsters - February 10, 2017 MFWire.com
    2/7/2017 Follow the Fundsters - February 7, 2017 MFWire.com
    2/6/2017 Eye for Earnings - February 6, 2017 MFWire.com
    2/3/2017 Filings for Fundsters - February 3, 2017 MFWire.com
    1/23/2017 Eye for Earnings - January 23, 2017 MFWire.com
    1/20/2017 Will You Help Elizabeth Warren Save the Fiduciary Reg? MFWire.com
    1/10/2017 Filings for Fundsters - January 10, 2017 MFWire.com
    12/19/2016 Sullivan Deepens Legg's Ties With Its Key Backer MFWire.com
    12/14/2016 Mutual Fund Milestones - December 14, 2016 MFWire.com
    11/18/2016 Filings for Fundsters - November 18, 2016 MFWire.com
    11/10/2016 Filings for Fundsters - November 10, 2016 MFWire.com
    11/10/2016 Mister Market Smiles On Asset Managers After Trump's Big Win MFWire.com
    11/3/2016 Filings for Fundsters - November 3, 2016 MFWire.com
    10/28/2016 Eye for Earnings - October 28, 2016 MFWire.com
    10/18/2016 MFEA STARs Gather in Chitown as MMIers Gather in Beantown MFWire.com
    10/14/2016 As Deutsche and Pioneer Rumors Swirl, Are Legg Mason and LPL On the Block, Too? MFWire.com
    10/3/2016 Filings for Fundsters - October 3, 2016 MFWire.com
    8/30/2016 Filings for Fundsters - August 30, 2016 MFWire.com
    8/24/2016 Here Are the Nine Fund Firms On LPL's New NTF Platform MFWire.com
    8/19/2016 Preview of LPL Focus 2016 MFWire.com
    8/16/2016 Filings For Fundsters - August 16, 2016 MFWire.com
    8/12/2016 Post-Legg, What's Next For Bill Miller's Team? MFWire.com
    8/11/2016 Bill Miller and Legg Mason Part Ways MFWire.com
    7/29/2016 Eye for Earnings -- July 29, 2016 MFWire.com
    7/22/2016 Ex-Wamco Employee Sentenced Over Email Intrusions MFWire.com
    4/15/2016 Legg Mason Invests in a Retirement Plan Startup MFWire.com
    4/12/2016 A Long-Term Strategic Investor Buys a Big Piece of Legg Mason MFWire.com
    3/15/2016 Pimco, BlackRock, and Janus vs ... Everybody Else? MFWire.com
    1/27/2016 More Than 300 Fundsters Make Headlines For Charity In the Big Apple MFWire.com
    1/22/2016 Legg Mason Removes Capacity Constraints From This Industry IP Shop MFWire.com
    1/22/2016 Sullivan Does the Legg Mason Deal You Expected ... And Two More MFWire.com
    1/12/2016 PMs For 12 Fund Firms Catch M*'s Eye MFWire.com
    1/5/2016 Will Legg Mason's Sullivan Seal a Deal For a $38B Shop? MFWire.com
    1/4/2016 Mr. Market Smiles On Two Fund Firms As the Dow Tumbles MFWire.com
    11/16/2015 Vanguard Retakes the Lead MFWire.com
    11/5/2015 Sullivan Brings ICIers and Reporters to Legg Mason MFWire.com
    8/11/2015 28 Fund Firms Are Paying Morgan Stanley At Least $1MM MFWire.com
    8/4/2015 Bill Miller's Comeback ... Or Is It? MFWire.com
    7/30/2015 LPL Focus 2015 In Pictures MFWire.com
    6/12/2015 Sullivan Wants to Bolt On Boutiques MFWire.com
    5/5/2015 Schiffman Picks Legg's Next U.S. Marketing Chief MFWire.com
    4/28/2015 Baltimore Fundsters Are Open For Business MFWire.com
    4/28/2015 As Baltimore Reels, Many Fundsters Will Work Remotely MFWire.com
    4/23/2015 The Most Underpaid Fundster CEO Is Not Who You Think MFWire.com
    4/10/2015 The Stock Funds Have No Heroes MFWire.com
    4/9/2015 Has Peltz Picked Enough Low-Hanging Legg Mason Fruit? MFWire.com
    4/1/2015 Cap Group, Fidelity, and Pimco Break Out the Champagne MFWire.com
    3/26/2015 Will Hodge Wear Sunglasses For M*? MFWire.com
    3/13/2015 Even More Asset Managers' Margins Are Falling MFWire.com
    2/24/2015 Keep an Eye On Putnam and Three Others MFWire.com
    2/19/2015 Two Vanguard ETF Gurus Will Power Another Shop's Charge MFWire.com
    1/21/2015 Dodge and Cox, JPMAM, Legg Mason, Robeco, and Vanguard Win Big MFWire.com
    1/5/2015 Which PMs Will Win? Here's M*'s 2014 Short List MFWire.com
    12/5/2014 Wamco Mourns an Ex-CEO MFWire.com
    12/2/2014 Peltz, Very Pleased, Leaves Legg Mason's Board MFWire.com
    10/28/2014 Sullivan Shuffles Legg Mason's Board MFWire.com
    10/27/2014 Alger, American Century, ClearBridge, Harris, Longleaf, Parnassus and Primecap Look Like M* Winners MFWire.com
    10/22/2014 OppFunds, Putnam, Aberdeen and U.S. Global See STARS in Chitown MFWire.com
    8/1/2014 Sullivan's Way Has Its Day MFWire.com
    7/24/2014 Sullivan Buys a $10B Global Shop MFWire.com
    7/17/2014 Loads of Revenue Sharing Data Is ... Just a Simple Web Search Away MFWire.com
    7/17/2014 The Fool Hearts Joe Sullivan's Way MFWire.com
    7/9/2014 Brownell Finds a Legg for Sentinel's Distribution MFWire.com
    6/30/2014 Healey Makes It Big. Expect More Indexed Love For AMG MFWire.com
    6/4/2014 The Pershing FundVest 200 List
    MFWire.com
    6/4/2014 Stifel Buys a Piece of Legg MFWire.com
    6/4/2014 T. Rowe's Rogers Quits a $30B Job But Continues Chairing MFWire.com
    6/3/2014 Is BMO's Phil Enochs Like Gen. Patton? MFWire.com
    5/21/2014 Legg Mason Buys a Quant Shop and Another Takes the Hit MFWire.com
    5/1/2014 Cashman and Masom Fire Up Legg's Afterburners MFWire.com
    1/27/2014 WHAM! SEC and DoL Smite Wamco to the Tune of $21MM MFWire.com
    1/8/2014 Hoops Gets an Arm and a Leg from Legg MFWire.com
    1/6/2014 Legg Hires a Rainmaker MFWire.com
    1/3/2014 Can a Morningstar Top Honor Be a Curse? MFWire.com
    12/30/2013 The 13 Fund Firms that Got the Most Ink in 2013 MFWire.com
    12/17/2013 Bill Miller, and Son, Start a Fund MFWire.com
    12/5/2013 Single State Muni-Fundsters' Quirks Catch WSJ's Attention MFWire.com
    11/15/2013 Nelson Peltz Withdraws MFWire.com
    11/13/2013 October AUM Update: Cohen and Steers Leads MFWire.com
    11/1/2013 Fund Giants Push to Redefine Retail MFWire.com
    10/15/2013 Morningstar: WAMCO's Talent Shuffle Warrants Watching MFWire.com
    10/11/2013 AUM Roundup: Invesco, Legg, AllianceBernstein, Virtus and Franklin MFWire.com
    9/19/2013 Confessions of a Legg Mason C-Suite Survivor MFWire.com
    9/13/2013 WAMCo: Not All Puerto Rico Munis Are Equal MFWire.com
    9/11/2013 Legg Makes Three Interesting Announcements MFWire.com
    9/10/2013 ClearBridge Unveils an Energy Product MFWire.com
    8/27/2013 A Legg Mason Arm Wins a Mandate MFWire.com
    8/23/2013 A Legg Mason Fund Gets Some Bloomberg Lovin' MFWire.com
    8/21/2013 Rising Interest Rates Could Help Legg Mason MFWire.com
    8/15/2013 Legg Mason Revises a PM List MFWire.com
    8/14/2013 The Next Gig for the Week of August 12 MFWire.com
    8/14/2013 A Legg Mason Unit Gets a Mention in WSJ MFWire.com
    8/12/2013 Legg Mason's AUM Rises 1.8 Percent MFWire.com
    8/12/2013 Here's Why Trian Likes Legg Better than Pimco MFWire.com
    8/9/2013 Two Writers Note Bill Miller's Comeback MFWire.com
    8/8/2013 Legg Tweaks a Permal Fund MFWire.com
    8/8/2013 Sullivan's Bold Move Intrigues the Press MFWire.com
    8/7/2013 Sullivan Will Wind Down a $500MM Legg Mason Boutique MFWire.com
    8/1/2013 Bloomberg Touts an Unconstrained Bond Fund MFWire.com
    7/26/2013 Legg Mason Sells Private Capital MFWire.com
    7/25/2013 Janus Misses as Legg Boasts Inflows MFWire.com
    7/25/2013 Barron's Profiles Legg's Wunderkind MFWire.com
    7/23/2013 Former Jennison CEO Named Legg Mason Chair MFWire.com
    7/23/2013 Legg Bolsters Lagging Fixed Income Group With New Hire MFWire.com
    7/11/2013 AUM Up for Charm City Manager MFWire.com
    7/8/2013 Bill Miller Is a Top Dog Again MFWire.com
    6/26/2013 Sullivan Vows To Acquire Again MFWire.com
    6/20/2013 Legg Mason's Joe Sullivan Talks About Making an Acquisition "Every Day" MFWire.com
    6/19/2013 A Wamco Team Leader Resigns MFWire.com
    6/14/2013 TCW Hires a Wamco Exec as a MetWest Co-Founder Departs MFWire.com
    6/14/2013 Experts at M* Conference Predict Slow Death of Active Funds MFWire.com
    6/13/2013 Sullivan Rakes In $7.3 Million MFWire.com
    6/11/2013 Preliminary AUM Is In For Baltimore Firm MFWire.com
    6/10/2013 FT Profiles Legg's Sullivan MFWire.com
    6/6/2013 He Picked Sullivan, and Now He's On Legg's Board MFWire.com
    6/5/2013 Legg Mason May Break Into Private Equity MFWire.com
    6/3/2013 Legg Mason's Sullivan Talks Deals MFWire.com
    5/29/2013 It Looks Like It's Miller Time Again MFWire.com
    5/23/2013 One of Bill Miller's PMs Leaves Legg Mason MFWire.com
    5/21/2013 PMs Weigh In as Investors Ignore the Bond Warnings MFWire.com
    5/17/2013 BlackRock and Legg Dabble in Not-Quite-Money Funds MFWire.com
    5/1/2013 The Next Gig for the Week of May 1, 2013 MFWire.com
    5/1/2013 Sullivan Says Legg Has to "Earn" Fees MFWire.com
    4/30/2013 Three Things to Know from Legg's Earnings MFWire.com
    4/30/2013 Redemptions Drive Legg's Earnings Down 62 Percent MFWire.com
    4/23/2013 Is There a New Distribution Channel? MFWire.com
    4/17/2013 Wells Removes Hundreds From List of Approved Investments MFWire.com
    4/15/2013 M* Examines the Future of Fixed Income MFWire.com
    4/11/2013 Legg Mason Small Cap Fund is Still Active MFWire.com
    4/8/2013 Bill Miller's Back! MFWire.com
    4/2/2013 Legg Hands Ousted Executives Big Parachutes MFWire.com
    3/13/2013 Sullivan Completes His London Invasion MFWire.com
    3/6/2013 Legg Has Quite a Bit of Dry Powder MFWire.com
    3/6/2013 Legg's New Chief Looks to Decrease the Complexity MFWire.com
    2/15/2013 Stork and Reaper for the Week of February 11, 2013 MFWire.com
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