Legg Mason

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Legg Mason Reviews in Baltimore, MD

Updated August 19, 2014
Updated August 19, 2014
66 Reviews

3.3
66 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Legg Mason President and CEO Mark R. Fetting
Mark R. Fetting
33 Ratings

Review Highlights

Pros
  • Great company and good work life balance (in 5 reviews)

  • Friendly people, great reputation in the area (in 4 reviews)


Cons
  • Senior management lacks leadership qualities (in 8 reviews)

  • Sluggish recovery from the recession; doubtful organization structure; sometimes people could be too laid-back (in 4 reviews)

More Highlights

17 Employee Reviews Back to all reviews

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  1.  

    Team lead

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Lead  in  Baltimore, MD
    Current Employee - Team Lead in Baltimore, MD

    Pros

    Work work work work work

    Cons

    Commute traffic work night shifts

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Relaxed work atmosphere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  Baltimore, MD
    Former Employee - Intern in Baltimore, MD

    Pros

    Friendly people, great reputation in the area

    Cons

    The work atmosphere was very relaxed and some of the employees slacked off and would rarely work the standard 8 hour days and would take off one or two days a week to "work from home"

    Advice to ManagementAdvice

    Change the corporate culture to one of harder working employees

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    My time at Legg Mason was a learning experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Global Investment Analyst  in  Baltimore, MD
    Former Employee - Global Investment Analyst in Baltimore, MD

    Pros

    I enjoyed the flexible working hours, as well as the ability to telecommute. The pay was great with excellent benefits.

    Cons

    The word transparency was used a lot, but it was anything but transparent. There were too many "clicks" within the departments. Employee privacy was an issue, as HR was apart of the clicks.

    Advice to ManagementAdvice

    My advice to management is to be truthful with your employees.

    Recommends
    Positive Outlook
    Disapproves of CEO
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  5.  

    It was very informing and fun to work there.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Secretary  in  Baltimore, MD
    Former Employee - Secretary in Baltimore, MD

    Pros

    friendly people.
    always something to do.
    pretty, clean building

    Cons

    had to sit in a chair all day.
    big building, got confused sometimes.

    Advice to ManagementAdvice

    have your employees get up out of there chairs sometimes, plan something fun. when I was in a partnership with Patterson high school I learned to live by four rules " have fun, show up, get involved, and listen

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Too much change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD

    Pros

    Flexibility, 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)

    Cons

    The 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.

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Awesome place to work

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Former Employee - Senior Developer  in  Owings Mills, MD
    Former Employee - Senior Developer in Owings Mills, MD

    Pros

    Good company, interesting work, excellent people. Good company, interesting work, excellent people. Good company, interesting work, excellent people. Good company, interesting work, excellent people.

    Cons

    I only got to work there for a year and a half before the recession hit and they had to lay a couple of hundred people, including me, off.

    Advice to ManagementAdvice

    Um, don't buy a whole ton of companies in a short period of time?

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Quality Corporate Environment

    • Comp & Benefits
    • Career Opportunities
    Former Employee - Executive Assistant  in  Baltimore, MD
    Former Employee - Executive Assistant in Baltimore, MD

    Pros

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

    Cons

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

  9.  

    Early years of growth were exciting, later years of consolidation were difficult but we were treated with respect

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD

    Pros

    Legg Mason is a smaller corporate center that has outsourced responsibility to its investment affiliates and others. This has resulted in a more efficient corporate center that is focused on distribution and risk reduction activities. Individuals with relationship building skills are greatly valued.

    Cons

    Direction of the firm seems less certain. Entrepreneurial skills that were extremely valued in the 90’s and 00’s have become less important.

    No opinion of CEO
  10.  

    People are nicer comparing to other buy side shops.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD

    Pros

    History legacy; big organization with large network; strong sales pipeline; culture is not that aggressive comparing to other shops; nice work environment.

    Cons

    Sluggish recovery from the recession; doubtful organization structure; sometimes people could be too laid-back. Location might not be as desirable as other firms. Not strong internationally.

    Advice to ManagementAdvice

    Overall a nice place to work for mid-career people. Could develop good relationship with co-workers for future career development opportunity.

    No opinion of CEO
  11.  

    Excellent place to work at an investment advisory company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD

    Pros

    Legg Mason has an excellent culture and great heritage. The firm values hard work and ethical behavior. I would recommend LM as an employer.

    Cons

    The pay at Legg Mason is not always top notch, but the people and culture and stability can offset this.

    Advice to ManagementAdvice

    The advice that i would give would be to have the investment affiliates continue to seek best practices from the other subs.

    Recommends
    Approves of CEO

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