Legg Mason

Legg Mason, Inc.
IndustryInvestment management
Founded1899; 125 years ago (1899)
DefunctJuly 31, 2020; 4 years ago (2020-07-31)
FateAcquired by Franklin Templeton Investments
HeadquartersBaltimore, Maryland, U.S.
Key people
Joseph A. Sullivan (Chairman, President & CEO)
ServicesAsset management
RevenueIncrease $2.922 billion (2019)
50,831,000 United States dollar (2015) Edit this on Wikidata
Increase $304 million (2019)
AUMDecrease $730.8 billion (2019)
Total assetsIncrease $8.006 billion (2019)
Total equityIncrease $3.792 billion (2019)
Number of employees
3,059 (2020)
Footnotes / references
[1]

Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020.[2] As of December 31, 2019, the company had $730.8 billion in assets under management, including $161.2 billion in equity assets, $420.2 billion in fixed income assets, $74.3 billion in alternative assets, and $75.1 billion in liquidity assets.[1]

  1. ^ a b "Legg Mason, Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Franklin Templeton Completes Acquisition of Legg Mason". Business Wire. 31 July 2020.