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MFWire: Legg Mason Funds & Western Asset Funds & LM Funds & Citifunds Trust
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Legg Mason
100 International Drive
Baltimore, MD  21202
Google Maps

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:
    On February 18, 2020, the Legg deal unveiled a deal to sell the firm to another giant asset manager, Franklin Templeton. The deal closed on July 31, 2020.

    Founded as a broker-dealer in 1899, Legg Mason later became 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.
  • Legg Mason logo

    Sponsored Opportunities

    Key People:
    Joe Sullivan
    Chairman, CEO, Allspring Global Investments
    Bill Miller
    Chairman, Chief Investment Officer, Founder, LMM (dba Miller Value Partners)
    Matt Schiffman
    Managing Director Head of Global Marketing / Head of US Retail Distribution , Legg Mason, Inc.
    Pete 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
    Global Head of Institutional Distribution, RBC GAM
    Fran Cashman
    Managing Director, Co-Head of U.S. Sales, Legg Mason Investment Counsel
    Jennifer Murphy
    Chief Adminstrative Officer, Legg Mason
    Gary Kleinschmidt
    Co-founder / CEO, Safeguard Asset Management
    W. Reed
    Non-Executive Chairman, Legg Mason
    Story Archive for Legg Mason
    Published On Story Headline Publication
    3/18/2021 Two Rise As a Titan's Ex-CMO Exits MFWire.com
    12/4/2020 A Six-Year Legg Vet Joins DWS MFWire.com
    7/29/2020 Johnson Picks Franklin's Post-Merger Distro Chief MFWire.com
    7/21/2020 Is a $1.4T-AUM Titan Almost Here? MFWire.com
    6/11/2020 Fundsters Resolve to Break the Silence MFWire.com
    4/29/2020 Will Warren and AOC Delay This Mega Merger? MFWire.com
    3/31/2020 As a T. Rowe Nat Accounts Chief Rises, a Legg Vet Joins MFWire.com
    3/17/2020 A Very Bad Monday MFWire.com
    3/16/2020 Inflows Plunge By 69 Percent MFWire.com
    3/10/2020 The 33 Most Influential Women In the U.S. Fund Biz MFWire.com
    3/9/2020 Asset Managers Slip As the NYSE Circuit Breaker Trips MFWire.com
    3/6/2020 170 Fundsters Gather As 92 Fund Firms Win Big MFWire.com
    2/28/2020 As Markets Swoon, Asset Managers Fall Nearly 12 Percent MFWire.com
    2/20/2020 When Greg Met Joe MFWire.com
    2/18/2020 Franklin Buys an $806B-AUM Rival MFWire.com
    2/4/2020 Sullivan and Walker Each Do Deals MFWire.com
    1/15/2020 The $183B Year MFWire.com
    11/25/2019 Week In Preview, November 25-December 1 MFWire.com
    11/12/2019 Passive Inflows and Active Outflows Both Fall MFWire.com
    11/1/2019 A $782B-AUM Asset Manager's CIT Biz Doubles 401kWire.com
    10/31/2019 Will Joe Sullivan Double Down On This IP Bet? MFWire.com
    10/14/2019 BlackRock Retakes the Lead, But ... MFWire.com
    9/26/2019 Matthews, 361, and JPMAM Win Big In Chi-Town MFWire.com
    9/17/2019 14 Asset Managers Win Big In Gotham MFWire.com
    8/12/2019 One Fund Firm's Inflows Fall $38B In a Month MFWire.com
    8/6/2019 A Rough Week? How About a Rough 12 Months? MFWire.com
    7/29/2019 Week In Preview, July 29-August 4 MFWire.com
    7/9/2019 A Director Leaves Legg After Six Years MFWire.com
    6/13/2019 The Leviathan Recovers the Pole Position MFWire.com
    6/13/2019 U.S. Fundsters Advance In China and Mexico MFWire.com
    5/24/2019 Sullivan Trims 120, Including Four From the Top MFWire.com
    5/22/2019 Sullivan Makes Nice With a Familiar Legg Mason Backer MFWire.com
    5/15/2019 Will Peltz Duke It Out With This Fund Firm, Again? MFWire.com
    5/13/2019 Another Titan Breaks the Flows Duopoly MFWire.com
    4/2/2019 A $727B-AUM Fund Firm Drops Its Home Team MFWire.com
    3/12/2019 Passive Inflows Drive February Growth MFWire.com
    3/8/2019 T. Rowe, Fidelity, Pimco and OpFunds Crush It In Gotham MFWire.com
    2/21/2019 Flows Rebound, and Vanguard Retakes the Lead MFWire.com
    2/11/2019 Week In Preview, February 11-18 MFWire.com
    2/4/2019 Week In Preview, February 4-10 MFWire.com
    1/25/2019 Expect Miracles Takes Manhattan For a Fifth Time MFWire.com
    12/19/2018 Asset Managers Fall 31 Percent MFWire.com
    12/17/2018 BlackRock Catapults Back to the Lead MFWire.com
    12/11/2018 Four Fund Firms Are Repeatedly Among the Best Workplaces MFWire.com
    10/22/2018 Week In Preview, October 22-28 MFWire.com
    10/15/2018 Week In Preview, October 15-21 MFWire.com
    10/11/2018 Bad Day? Asset Managers Are Having a Bad Year. MFWire.com
    10/10/2018 Aberdeen Standard's STAR Shines In Chi-Town MFWire.com
    9/10/2018 Week In Preview, September 10-16 MFWire.com
    8/27/2018 The SEC Settles a Foreign Bribery Case With a U.S. MF Giant MFWire.com
    8/1/2018 To the Legg Mason Team, "Everybody Is From Missouri" MFWire.com
    6/18/2018 Week In Preview, June 18-24 MFWire.com
    6/11/2018 Week In Preview, June 11-17 MFWire.com
    5/29/2018 Week In Preview, May 29 - June 3 MFWire.com
    5/18/2018 Horizon Shines In the Big Easy MFWire.com
    2/28/2018 Nuveen, Vanguard, T. Rowe, and Fidelity Dominate in the Big Apple MFWire.com
    1/12/2018 T. Rowe, Fido, and Pimco Lead This Awards Race MFWire.com
    1/10/2018 Putting a Price On How Much Fundsters Like Tax Reform MFWire.com
    1/3/2018 A 30-Year Columbia Vet Helps Launch a Private Wealth Group MFWire.com
    10/30/2017 Week In Preview, October 30-November 5 MFWire.com
    10/2/2017 Week In Preview, October 2-8 401kWire.com
    10/2/2017 Week In Preview, October 2-8 MFWire.com
    9/26/2017 Only One Active Shop Passed $1B in Inflows in August MFWire.com
    9/13/2017 These Female Fundsters Are Worth Watching MFWire.com
    8/25/2017 Filings For Fundsters - August 25, 2017 MFWire.com
    8/9/2017 Filings for Fundsters - August 9, 2017 MFWire.com
    8/4/2017 Filings for Fundsters - August 4, 2017 MFWire.com
    7/31/2017 Filings for Fundsters - July 31, 2017 MFWire.com
    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
    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
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