Legg Mason Fund Adviser Inc (Baltimore)

Legg Mason Fund Adviser Inc is a large advisory firm based in Baltimore. It manages $14.9 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001.

Legg Mason Fund Adviser provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Legg Mason Fund Adviser: assets under management

The assets under management (AUM) of Legg Mason Fund Adviser Inc is $14.9 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $14.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $827.83 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Legg Mason Fund Adviser Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Legg Mason Fund Adviser Inc

Deepak Chowdhury has been acting as President since 1 Aug 2000. Robert Jay Gerken joined the executive team most recently as the President And Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Legg Mason	Sole shareholder	1 Jan 1982	75% - 100%	52-1200960
Marie Kelly Karpinski	Vice president and treasurer	1 Mar 1986	Other	1339878
Edward Albert Taber	Chairman and director	1 Sep 1992	Other	1778866
Timothy Charles Scheve	Director	1 Jan 1994	Other	1319072
Raymond Adams Mason	Director	1 Jan 1999	Other	322297
Deepak Chowdhury	President	1 Aug 2000	Other	1770083
Philip Edwin Sachs	Vice president	1 Aug 2000	Other	1054275
Mark Raymond Fetting	Director	1 May 2001	Other	733409
Deepak Chowdhury	Vice president	1 Jan 2002	Other	1770083
Edward Albert Taber	Director	1 Jan 2002	Other	1778866
Mark Raymond Fetting	President and director	1 Jan 2002	Other	733409
Marc Russell Duffy	Vice president and secretary	1 Jan 2002	Other	4122001
Joseph Patrick Larocque	Vice president	1 Oct 2002	Other	4363277
Gregory Merz	Secretary	1 Apr 2004	Other	4518187
Amy Mitola Olmert	Chief compliance officer	1 Aug 2004	Other	2928970
Amy Mitola Olmert	Vice president	1 Jun 2007	Other	2928970
Theodore Paul Becker	Chief compliance officer	1 Jun 2007	Other	1745578
Peter Lanning Bain	Vice president and director	1 Jun 2007	Other	4221890
Charles James Daley	Vice president and director	1 Jun 2007	Other	1808224
Richard Michael Wachterman	Secretary	1 Jun 2007	Other	1367425
Robert Blair Shepler	Vice president	1 Jun 2007	Other	4032042
Edward Joseph Hoffman	Vice president	1 Jun 2007	Other	2985283
Thomas Clifton Merchant	Vice president and assistant secretary	1 Jun 2007	Other	3126886
David R. Odenath	Director	1 Apr 2009	Other	5164773
Robert Jay Gerken	President and chief executive officer	1 Jun 2009	Other	1340228
Robert Blair Shepler	Senior vice president	1 Jun 2009	Other	4032042
Jeanne Marie Kelly	Senior vice president	1 Jun 2009	Other	5069959
Rocco Angelo Delguercio	Chief financial officer	1 Jun 2009	Other	1616959

Based in Baltimore

The principal office where Legg Mason Fund Adviser Inc performs its advisory services is located at 100 International Drive, Baltimore, MD 21202, which is also the mailing address of the firm. The firm also has an office outside of the United States.