by the company see citi open . legg mason type public traded as nyse lm industry asset management founded 1899 headquarters baltimore united states key people joseph sullivan president & chief executive officer peter pete h. nachtwey chief financial officer terence johnson head of global distribution ursula schliessler chief administrative officer thomas merchant general counsel thomas k. hoops head of business development products asset management aum us 757 billion as of 31 july 2016 number of employees 3 400 website leggmason.com legg mason headquarters in baltimore legg mason inc. nyse lm is an american investment management firm with a focus on asset management and serves customers worldwide . legg mason offers products in equities and fixed income as well as domestic and international liquidity management and alternative investments via a funds of hedge funds manager . founded in 1899 as a brokerage firm in baltimore maryland legg mason has since become the 20th largest asset manager in the world serving individual and institutional investors on six continents . as of july 31 2016 legg mason s assets under management aggregated to 757 billion . 1 legg mason operates using a multi manager business model each of the company s subsidiaries which form a diverse group of asset managers specializes in a segment of the asset management industry and operates with investment autonomy . 2 legg mason provides global distribution and invests in growth through core strategic services including capital allocation for product development investing in our existing affiliates and making new acquisitions . contents 1 history 1.1 introduction 1.2 timeline 2 management 3 3 business overview 3.1 list of investment affiliates 3.1.1 brandywine global 3.1.2 clarion partners 3.1.3 clearbridge investments 3.1.4 martin currie 3.1.5 the permal group 3.1.6 qs investors 3.1.7 rare infrastructure 3.1.8 royce & associates 3.1.9 western asset management 3.2 environment 4 headquarters 5 references 6 external links history edit introduction edit legg mason s roots can be traced to the founding of two brokerage firms the first mackubin & company later legg & company was founded in baltimore by george mackubin in 1899 . the second mason & company was founded in newport news virginia by raymond a. mason in 1962 . in 1970 the two firms merged to become legg mason & company basing its headquarters in baltimore . timeline edit 1899 george mackubin & co. predecessor to legg & co. is founded in baltimore maryland.in 1970 it had offices in san francisco new york as well as several in maryland with over 400 employees.it was best known for its expertise in the life and casialty insurance industry . 1962 brokerage firm mason & co. is founded by raymond a. chip mason in newport news virginia 1967 mason & co. with over 80 employees in 4 offices becomes one of three largest of 15 virginia based brokerage firms 1970 mason & co. is acquired by legg & co to form legg mason & co. inc with headquarters in baltimore maryland 1975 raymond a. mason becomes chairman and ceo of legg mason & co. inc adding to his existing role as president 1982 legg mason fund adviser inc. is established to manage the company s flagship fund legg mason value trust 1983 legg mason inc. becomes a publicly traded company with its stock symbol lm listed on the new york stock exchange 2005 legg mason completes a transaction with citigroup transferring its private client and capital markets business in exchange for citigroup s asset management business and turning legg mason into a pure asset management firm . 2008 mark r. fetting becomes ceo of the company succeeding raymond a. chip mason 2009 legg mason celebrates 110 years in business 2013 joseph a. sullivan becomes ceo of the company management 3 edit joseph sullivan president and chief executive officer peter pete h. nachtwey chief financial officer terence johnson head of global distribution ursula schliessler chief administrative officer thomas merchant general counsel thomas k. hoops head of business development business overview edit legg mason acts through its subsidiaries to provide investment management and related services to its clients which include institutions as well as individuals . under the company s multi manager model each subsidiary operates with investment autonomy following its own investment philosophy and implementing its own process . list of investment affiliates edit brandywine global edit year founded 1986 year acquired 1997 location headquartered in philadelphia ; offices in chicago san francisco singapore london clarion partners edit year founded 1982 year acquired 2016 location headquartered in new york ; offices in baltimore atlanta boston dallas london los angeles s o paulo seattle and washington d.c. clearbridge investments edit year founded 2005 predecessor firms date to 1962 year acquired 2005 as citigroup s asset management business location headquartered in new york ; offices in baltimore san francisco and wilmington martin currie edit year founded 1881 year acquired 2014 location edinburgh scotland the permal group edit year founded 1973 year acquired 2005 location headquartered in london and new york ; offices in paris dubai hong kong nassau singapore boston and shanghai qs investors edit year founded 1999 year acquired 2014 location new york rare infrastructure edit year founded 2006 year acquired 2015 location sydney australia royce & associates edit year founded 1972 year acquired 2001 location new york western asset management edit year founded 1971 year acquired 1986 location headquartered in pasadena california ; offices in new york london hong kong melbourne s o paulo singapore dubai and tokyo environment edit in addition to providing its employees with environment related volunteering opportunities legg mason also implements several corporate esg initiatives 4 such as becoming a signatory member of the carbon disclosure project and participating in its annual survey . producing its annual sustainability report based on the global reporting initiative . legg mason s headquarters in baltimore was developed to achieve leed certification . in 2010 the legg mason tower achieved leed certified gold for the space it occupies in harbor east . headquarters edit legg mason s headquarters are located in the 100 international drive building in baltimore maryland and were formerly located at 100 light street in baltimore maryland . for the current headquarters at 100 international dr. see legg mason tower . for the 100 light st. former headquarters see transamerica tower baltimore . light street former legg mason building pratt street former legg mason building redwood street former legg mason building legg mason headquarters in baltimore maryland since 2009 references edit legg mason corporate overview legg mason annual report legg mason management team . legg mason corporate responsibility report external links edit legg mason official website v t e kohlberg kravis roberts founders jerome kohlberg jr. henry kravis george r. roberts selected current investments academy sports outdoors alliance boots aricent group avago biomet bharti enterprises capsugel cicc caf coffee day colonial pipeline del monte foods dollar general eastman kodak el paso corp. energy future holdings first data harman international industries hospital corporation of america kion group laureate education legg mason legrand magma fincorp maxeda nielsen holdings northgate information solutions nxp semiconductors oriental brewery pets at home prosiebensat .1 media sealy corporation seven west media sungard tdc a s toys r us us foods visma wild yageo zhone technologies category retrieved from https en.wikipedia.org w index.php title legg mason & oldid 743756105 categories companies listed on the new york stock exchangeinvestment management companies of the united statesfinancial services companies based in marylandcompanies based in baltimorecompanies based in marylandcompanies established in 1899mutual fund families1899 establishments in maryland navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais italianolietuvi polski edit links this page was last modified on 11 october 2016 at 02 40 . text is available under the creative commons attribution sharealike license ; 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