Legg Mason
3.3 of 5 58 reviews
www.leggmason.com Baltimore, MD 1000 to 5000 Employees

Legg Mason Reviews

Be The First To
Add Photos

All Employees Current Employees Only

3.3 58 reviews

                             

57% Approve of the CEO

Legg Mason President and CEO Mark R. Fetting

Mark R. Fetting

(30 ratings)

61% of employees recommend this company to a friend
16 Employee Reviews Back to all reviews
Relevance Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Too much change

Anonymous Employee (Current Employee)
Baltimore, MD

I have been working at Legg Mason full-time for more than 10 years

ProsFlexibility, great office space, convenient (but expensive) parking, great location in Baltimore, good training and development opportunities (although it may be different depending on the department)

ConsThe culture and values have changed for the worse over the past few years. It's not Chip Mason's old company where employees were valued, rewarded and felt part of a family in a culture of "no chalk". De-centralized environment and communication with affiliates can be challenging. AUM outflows continue.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Stasis

Supervisor (Former Employee)
New York, NY

I worked at Legg Mason full-time for more than 5 years

ProsBenefits of mid-size, established company with exposure to global market and relationships with other major firms within the industry. Depending on function, stress level is generally kept low.

ConsFuture of business model in question post-recession, company execs don't seem to have a definitive plan for moving company forward which has ripple effect on employee moral and career outlook.

Advice to Senior ManagementBe less reactive and more direct, with a clear objective - preferably including some sort of initiative for employee development and growth, and possibly scaling back range of products/services to operate with more efficiency.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Comp & Benefits
         
  • Career Opportunities
         

 

Quality Corporate Environment

Executive Assistant (Former Employee)
Baltimore, MD

I worked at Legg Mason full-time for more than 5 years

ProsVery structured corporate culture that allows growth and values hard work and committment.

ConsManagement does not seem to have a clear vision for the company.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

It was the best of times, it was the worst of times.

Data Analyst (Former Employee)
New York, NY

I worked at Legg Mason

Prossome good upper management people. diverse group of employees, not overly competitive

Consbland work environment. A lot of people just seem to be their for a paycheck. Not invigorating to work for.

Advice to Senior ManagementBetter inter departmental communication

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Company is ok

Analyst (Current Employee)
New York, NY

I have been working at Legg Mason

ProsGood environment depanded on group your warking in. Benefits are ok, Time is from 8.30-5.30 mostly no overtime.

ConsCompany cut so much on cost and reduced staff so many times, so right now it seems it might be changing structure all the time. Not stable. Luck of communication.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

My pro is the same as my con.

Business Analyst (Former Employee)
New York, NY

I worked at Legg Mason

ProsIf you want to work somewhere where you have a lot of free time and don't mind not advancing your career, then this might be the place for you. Compared to other places I've been employed at, the workload was lightest here.

ConsWhat I listed as a pro is also the same thing I would put here as a con.

Advice to Senior ManagementManagement needs to take stock of their employees and resources, determine what's not necessary and cut the fat. They need to run a much leaner ship.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Legg Mason

Internal Wholesaler (Current Employee)
Stamford, CT

I have been working at Legg Mason

ProsGreat pay, great benefits. A place to learn the ropes for the financial world and the wholesaling industry. Not a bad employer.

ConsPoor management, lack of communication, senior management lacks experience in wholesaling and therefore treat it as a retail operation. Behind the 8 ball on what products should be offered considering current economic times.

Advice to Senior ManagementProvide timely information to employees regarding business decisions that may affect the way business is handled on a day to day basis. In a sales environment compensation creates motivation, therefore do not make promises you can not keep.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Good Job

Retirement Specialist (Current Employee)
Baltimore, MD

I have been working at Legg Mason

ProsThis job is good because it pays me a lot of money and I do not live that far from the office.

ConsThis job is bad because i always have to deal with someone up in my business when I just want to be left alone to do my work.

Advice to Senior ManagementTake the time to understand that you are not the god of the company and you can't just tell everyone what to do or they will resent you.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Simply Neutral

Fund Accounting (Former Employee)
New York, NY

I worked at Legg Mason

ProsReasonable compensation for the amount of work

Consunresponsive management
claims to have a formal internship program but HR coordinators are not accessible

Advice to Senior ManagementBe more inclusive of interns if you would like talented people to stay with your firm.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Legg Mason Opportunity?

Analyst (Current Employee)
New York, NY

I have been working at Legg Mason

ProsLegg Mason is a company of great job security and stability. The company is a top tier wall street firm with great history, and even though the financial downturns and turbulence, the company maintains its balance and strong model for success.

ConsLegg Mason's upside of job security is also one of its down sides. Its model for retaining everyone even those of "Dead Wood" position along with a no-experience-only-tenure matters attitude, makes it difficult for ambitious and opportunistic employees to advance.

Advice to Senior ManagementRe evaluate the situation of employees and some times it’s not about being fair, but it’s about doing what’s right.

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Legg Mason? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Legg Mason reviews and ratings — including employee satisfaction and approval rating for Legg Mason CEO Mark R. Fetting. All 16 reviews posted anonymously by Legg Mason employees.