The company operates in Asset Management, Private Client, and Capital Markets segments.
Its Asset Management segment provides investment advisory services to institutional and individual clients and company-sponsored investment funds.
Asset Management segment consists of three divisions: Mutual Funds, Institutional, and Wealth Management.
Mutual Funds encompasses investment advisory services to proprietary mutual and closed-end funds and the proprietary funds operations of the company’s other asset managers.
Its Institutional division focuses on providing asset management services for institutional clients.
The Wealth Management division focuses on providing asset management services for high net worth individuals and family groups and endowments.
The company’s Private Client segment distributes various financial products, including equity and fixed income securities, proprietary and non-affiliated mutual funds, and annuities.
Capital Markets segment consists of equity and fixed income institutional sales and trading; investment banking; syndicate; structured products; and research.
The company provides its services through retail sales network, brokers, and dealers.
Legg Mason, Inc.
was incorporated in 1981 and is headquartered in Baltimore, Maryland.
