Legg Mason Reviews | Glassdoor

Legg Mason Reviews

Updated July 17, 2018
119 reviews

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3.2
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Joseph A. Sullivan
30 Ratings

119 Employee Reviews

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Pros
Cons
  • "There is no cons I can think of" (in 3 reviews)

  • "The affiliate approach has not delivered results" (in 8 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Legg Mason full-time

    Pros

    Great culture, people and location

    Cons

    Stock price hasn't moved much


  2. Helpful (1)

    "Wholesaler"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Legg Mason full-time

    Pros

    coffee machines, glass building, mediocrity

    Cons

    company struggling to find identity

  3. "Good Strtategy, Needs to be executed"

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

    I have been working at Legg Mason full-time

    Pros

    Good culture
    Good work life balance
    Management has strong vision , but needs to be executed

    Cons

    Affiliate structure hard to manage
    Thinly resourced in some areas


  4. Helpful (1)

    "No strategy, poor management = bad stock performance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product in New York, NY
    Former Employee - Product in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Solid comp, convenient Fairfield county commute, good cafeteria, free coffee, clean restrooms, active community involvement, moderately educated workforce, close to train station

    Cons

    Poor leadership and management, no direction or strategy - other than holding on. Horrible culture, divisive interactions across business units and affiliate managers,

    Advice to Management

    Don’t take business direction from the investment affiliates, focus on improving shareholder returns


  5. Helpful (1)

    "The Only Constant is Change... and a Lack of Strategy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales
    Former Employee - Sales
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Legg Mason full-time (More than 10 years)

    Pros

    Above average compensation, flexible hours and you can coast if that's what you're really looking for in a career. The employees (in pockets) - overall the culture is pretty toxic with divisions between the Baltimore and Stamford home offices, as well as the nine affiliates.

    Cons

    Constant changing of deck hands and grappling for power by "leaders" gets in the way of real progress and feeling like you're moving forward. Morale is very poor at the moment.

    Within last three years added three new investment shops, an ETF build out, and a FinTech vertical. All of which have been handled in mediocre fashion. Diversification is good, but have a strategy.

    Advice to Management

    Figure out what you're good at and build a strategy around it. Take care of the people who are actually doing the work


  6. "LM Review"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Legg Mason full-time (More than 8 years)

    Pros

    Work / Life Balance
    Culture
    Benefits
    Work Space

    Cons

    Compensation
    Career advancement opportunities
    Not many opportunities to move around within the company


  7. "Traditional Global Asset Management Firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Legg Mason full-time (More than a year)

    Pros

    The people at this organization really make this company. The CEO seems to be committed to improving the organization, but this must come from all levels of leadership and this does not always happen.

    Cons

    Undergoing lots of change management, the workload can be challenging at times given a "do more with less" mentality, little opportunity for advancement

  8. "Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Legg Mason full-time

    Pros

    Competitive Salary and learning new areas through job rotation

    Cons

    More employees with titles of manager or higher. Some managers do not even have any employees reporting to them. Virtually no room for career advancement. Micromanagement of work by managers who have never even sat down to understand what the job entails.


  9. "LEgg Mason"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Legg Mason full-time (More than 8 years)

    Pros

    Great culture, fun, friendly people, customer focused

    Cons

    micro managed, intense pressure to perform


  10. "Sales Service Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Service Associate in Stamford, CT
    Former Employee - Sales Service Associate in Stamford, CT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work environment. work at home when needed, great benefits

    Cons

    company is constantly changing layoffs have been happening


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