Since its founding in 1899 in Baltimore, Maryland, Legg Mason has evolved into one of the largest asset management firms in the world, serving individual and institutional investors. Today's Legg Mason is a diversified group of global asset management firms ("affiliates") who are recognized for their proven investment expertise and long-term performance. The distinctive Legg Mason “multi-affiliate” business model provides clients with a broad spectrum of Equity, Fixed Income, Liquidity and Alternatives solutions, from mutual funds to US college savings plans to variable annuities to separately managed accounts.
Legg Mason has approximately 3,100 employees with 31 offices globally. Acting through its affiliates, Legg Mason provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other investment vehicles. These products and services are offered directly and through global distribution capabilities established with leading partners, including banks, brokerage firms, insurance companies and independent advisors.