Legg Mason Reviews

Pros

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

Cons

Expensive cafeteria, unavailable senior management

Advice to Senior Management

What is the long-term strategic vision of Legg Mason?

Pros

Very nice group of people and the working atmosphere is relaxed with the exception of some sales roles. hours not to long, some departments are distinctly understaffed!

Cons

Good support in training however development into specific areas can be limited with not many people moving role without being at the company for at least 3 years.

Advice to Senior Management

Be more clear in communicating issues as people are not naive. I think people would greatly appreciate a direct straightforward evaluation on current difficulties. do not try to paint an oil painting of bad times we all know the markets aren't in the best shape.

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 Senior Management

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

Pros

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

Cons

Challenging 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 Management

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

Pros

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

Cons

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

Advice to Senior Management

Better inter departmental communication

Pros

Legg Mason is an outstanding place to work. Management is very good with helping employees balance work-life and they treat employees fairly.

Cons

Unless you live in the Baltimore metro region, career opportunities may be limited. One of the best companies that I've ever worked for!

Pros

good salary and benefits for the financial industry
lot of good employees who try hard to do their job properly

Cons

poor planning or foresight - direction of operations not thoroughly thought out
not very adaptable to change
lack of overall teamwork

Advice to Senior Management

management needs to do a more creditable job of communicating with employees and not just talking about transparency - employees need to believe waht they hear

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 Senior Management

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

Pros

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

Cons

Company 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.

Pros

Good corporate culture, diversified business with many moving parts, and family business foundation which can still be seen there today.

Cons

Constant changes at the upper management layers, difficult reemergence out of the recession, and some uncertain future prospects with a rogue investor on the board.

Advice to Senior Management

More transparency where possible, better career development tools and opportunities, and better knowledge management from the top down through the entry level positions.