Legg Mason Focus Capital, Inc. is a large advisory firm based in Philadelphia. It manages $742.5 million of regulatory assets for 1,148 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Delaware, Florida, and 8 other states.
Legg Mason Focus Capital provides portfolio management for individuals and small businesses 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.
The assets under management (AUM) of Legg Mason Focus Capital, Inc. is $742.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Legg Mason Focus Capital, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
Peter Lanning Bain has been acting as President since 1 Feb 2001. Ericka Merluzzi Peterson joined the executive team most recently as the Chief Compliance Officer.
The principal office where Legg Mason Focus Capital, Inc. performs its advisory services is located at Two Logan Square, Suite 1850, Philadelphia, PA 19103, which is also the mailing address of the firm. An additional office of the firm is in Bala Cynwyd, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 610-542-2980 or by fax 215-854-7275. The normal business hours are 8:00am - 5:00pm on Monday - Friday.