Legg Mason Funds Management Inc. (Baltimore)

Name: Legg Mason Funds Management Inc.
Address: 100 Light St, Baltimore, MD, 21202
Telephone: 866-410-5500

Legg Mason Funds Management Inc. is a large advisory firm based in Baltimore. It manages $5.85 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2001.

Legg Mason Funds Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Legg Mason Funds Management: assets under management

The assets under management (AUM) of Legg Mason Funds Management Inc. is $5.85 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.85 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $487.61 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Legg Mason Funds Management Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Legg Mason Funds Management Inc.

Timothy Charles Scheve has been acting as President since 1 Jun 2000. William Herbert Miller joined the executive team most recently as the Chairman, Chief Investment Officer, And Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nancy Dennin	Senior vice president	1 Jun 2000	Other	1320429
Robert George Hagstrom	Senior vice president	1 Jun 2000	Other	1175438
Raymond Adams Mason	Chairman and director	1 Jun 2000	Other	322297
William Herbert Miller	President, ceo and director	1 Jun 2000	Other	1031710
David Eric Nelson	Senior vice president	1 Jun 2000	Other	850498
Timothy Charles Scheve	Director	1 Jun 2000	Other	1319072
Edward Albert Taber	Director	1 Jun 2000	Other	1778866
Inc. Legg Mason	Sole shareholder	1 Jun 2000	75% - 100%	52-1200960
Jennifer Williams	Senior vice president, coo, cfo and director	1 Jun 2000	Other	1552370
Jennifer Williams Murphy	Senior vice president, coo, cfo and director	1 Jun 2000	Other	1552370
Lisa Odell Rapuano	Senior vice president	1 Feb 2001	Other	1890060
Mary Christine Gay	Senior vice president	1 Feb 2001	Other	1884332
Mark Raymond Fetting	Director	1 Dec 2001	Other	733409
Ira Howard Malis	Senior vice president	1 Feb 2004	Other	1390364
Michael Jacques Mauboussin	Senior vice president	1 Mar 2004	Other	1743696
Kyle Prechtl Legg	President	1 Jul 2004	Other	2157164
James Patrick Daly	Senior vice president	1 Jul 2004	Other	728845
Charles Einer Knudsen	Senior vice president	1 Jul 2004	Other	2663059
Andrew John Bowden	Senior vice president, chief operating officer and general counsel	1 Jul 2004	Other	2480645
Peter Lanning Bain	Director	1 Jul 2004	Other	4221890
Timothy Charles Scheve	Director	1 Jul 2004	Other	1319072
Neil Peter Ocallaghan	Chief compliance officer	1 Sep 2004	Other	2931062
William Herbert Miller	Chairman, chief investment officer, and director	1 Mar 2006	Other	1031710
Kyle Prechtl Legg	Chief executive officer, president and director	1 Mar 2006	Other	2157164

Based in Baltimore

The principal office where Legg Mason Funds Management Inc. performs its advisory services is located at 100 Light St, Baltimore, MD 21202, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 866-410-5500 or by fax 410-454-5372. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.lmfunds.com.