Legg Mason
3.3 of 5 63 reviews
www.leggmason.com Baltimore, MD 1000 to 5000 Employees

Legg Mason Reviews

Updated Jun 4, 2014

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3.3 63 reviews

                             

56% Approve of the CEO

Legg Mason President and CEO Mark R. Fetting

Mark R. Fetting

(32 ratings)

63% of employees recommend this company to a friend
63 Employee Reviews
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Review Highlights

Pros:
  • "Great company and good work life balance"
    in 5 reviews
  • "In my circle of colleagues I have had the privilege of working with smart, friendly people who are out for the greater good"
    in 3 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
  • Show more review highlights

Reviews

    • Culture & Values
           
    • Work/Life Balance
           
    • Comp & Benefits
           
    • No Opinion of CEO

     

    Awesome place to work

    Senior Developer (Former Employee)
    Owings Mills, MD

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

    ConsI 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 Senior ManagementUm, don't buy a whole ton of companies in a short period of time?

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    • Disapproves of CEO

     

    Stasis

    Supervisor (Former Employee)
    New York, NY

    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

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    • Comp & Benefits
           
    • Career Opportunities
           

     

    Quality Corporate Environment

    Executive Assistant (Former Employee)
    Baltimore, MD

    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.

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

     

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

    Anonymous Employee (Former Employee)
    Baltimore, MD

    ProsLegg 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.

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

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    • Work/Life Balance
           
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    • Disapproves of CEO

     

    Positive

    Anonymous Employee (Former Employee)
    Stamford, CT

    ProsNice facilities, work spaces, free beverages and occasional free lunches

    ConsExpensive cafeteria, unavailable senior management

    Advice to Senior ManagementWhat is the long-term strategic vision of Legg Mason?

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
    • Senior Management
           
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    • No Opinion of CEO

     

    People are nicer comparing to other buy side shops.

    Anonymous Employee (Former Employee)
    Baltimore, MD

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

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

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    • Work/Life Balance
           
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    • Approves of CEO

     

    Interesting

    Applications Developer (Former Employee)
    Stamford, CT

    ProsI got to work with a lot of intelligent people that are hard working. I was able to learn a lot at my time there.

    ConsChallenging because of the hard times the company had. The company at the time was going through many changes that made it hard to work..

    Advice to Senior ManagementThe leadership at Legg Mason was very senior, but was lacking the ability to really inspire employees.

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    • Work/Life Balance
           
    • Senior Management
           
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    • No Opinion of CEO

     

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

    Data Analyst (Former Employee)
    New York, NY

    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

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    • Work/Life Balance
           
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    • Approves of CEO

     

    Excellent place to work at an investment advisory company.

    Anonymous Employee (Current Employee)
    Baltimore, MD

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

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

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

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
    • Senior Management
           
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    • No Opinion of CEO

     

    Company is ok

    Analyst (Current Employee)
    New York, NY

    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

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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 63 reviews posted anonymously by Legg Mason employees.