Legg Mason Reviews

Updated August 19, 2014
Updated August 19, 2014
66 Reviews
3.4
66 Reviews
Rating Trends

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

Review Highlights

Pros
  • Great company and good work life balance (in 6 reviews)

  • Generally good people trying hard to perform (in 6 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great people to work with

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Legg Mason

    Pros

    Very nice culture and good work-life balance environment yet still efficient. Very few political issues within the parent company. Generous on salary as well.

    Cons

    Communication between affiliates and the parent isn't so well sometimes and the multi-affiliate model brings in some conflicts. Products' poor performance is the biggest challenge for growth.

    Advice to ManagementAdvice

    Improving products' performance and considering advertisements to market the brand name. The company also needs stability for securing existing investors and prospects.

  2.  

    Legg Mason affiliate structure doesn't deliver

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

    I have been working at Legg Mason full-time (more than an year)

    Pros

    Generally good people trying hard to perform
    Compensation is OK overall and may even be generous to some non-performers

    Cons

    No common culture across the group
    The affiliate approach has not delivered results
    Weak internationally
    Company values not followed
    Lack clear strategy
    Poor distribution

    Advice to ManagementAdvice

    Focus on creating the right culture
    Stick to values
    Strengthen international business

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    I gained extensive experience here and learned a great deal.

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

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

    Pros

    Good remuneration, good benefits, some training opportunities.

    Cons

    At times it can be challenging to feel connected if not working out of either the head office or one of the other main campuses.

    Advice to ManagementAdvice

    Continue to communicate with your affiliates and distribution partners to create an engaged worldwide team.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    May be turning a corner...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Legg Mason full-time

    Pros

    Stability - if you're happy to settle, and are not overly ambitious you've found your spot. Work/life balance - legg is very pro-family and have good benefits that back that. The appointment of Joe Sullivan seems to have re-galvanised the company which is good. Some good people.

    Cons

    Very siloed: if you're not in sales it's made clear that you're one or more rungs below. Stability also means a lack of career progression in most cases; lots of people in 'protected' positions regardless of their skills. Senior management very detached from staff. Lack of cohesion between US and UK.

    Advice to ManagementAdvice

    Communicate with your staff - they're your best asset.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Great company but constant changes at top level

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

    I have been working at Legg Mason full-time (more than 5 years)

    Pros

    Great company and good work life balance

    Cons

    Too many changes at top level

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Not bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Legg Mason full-time

    Pros

    Large company, international presence, well recognised

    Cons

    international offices may have radically different culture

    Doesn't Recommend
    No opinion of CEO
  8.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Legg Mason full-time (more than 3 years)

    Pros

    Good benefits, good people, good support from managers (depending on department you work in)

    Cons

    Lay-offs, raises, bonuses, lack of career development

    Approves of CEO
  9.  

    Good Enviornment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Legg Mason as a contractor (more than an year)

    Pros

    Nice people, good benefit, work life balance

    Cons

    a bit laid back,lack of progress

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Interviewed and ignored

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Legg Mason

    Pros

    I was treated courteously before the final interview.

    Cons

    I had a phone interview and an in person interview that both supposedly went extremely well and was told that they would contact me in the next week for a second in person interview. It has been about a month and they filled the position, while ignoring two follow up emails inquiring about the status of my application.

    Advice to ManagementAdvice

    If you take the time to have an in person interview with a candidate and then decide not to hire that person it should be common courtesy to tell that person in some way or manner. This should be especially expected from a firm of Legg Mason's size.

  11.  

    Good people with a lack of leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    The benefits were above average

    Cons

    Senior management lacks leadership qualities

    Advice to ManagementAdvice

    break up the firm

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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