Legg Mason Reviews | Glassdoor

Legg Mason Reviews

Updated January 18, 2019
123 reviews

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3.2
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Joseph A. Sullivan
33 Ratings

Employee Reviews

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Pros
Cons
  • "Communication between affiliates and the parent isn't so well sometimes and the multi-affiliate model brings in some conflicts" (in 8 reviews)

More Pros and Cons

  1. "Employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Legg Mason full-time (More than 3 years)

    Pros

    This company has a great work environment

    Cons

    Not too much room for growth


  2. "Not Recommended"

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

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

    Pros

    Coffee machines-Good Products

    Confusing business model-worse execution

    Benefits

    Cons

    People are always leaving

    No sense of management- Toxic Culture

    Early 2000s IT Technology

    Favoritism over merit

    No advancement

    Advice to Management

    Value your talent pool or they will leave.

  3. Helpful (2)

    "Wonderful benefits, great people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Specialist in Stamford, CT
    Current Employee - Senior Specialist in Stamford, CT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Legg Mason full-time (More than a year)

    Pros

    Amazing benefits, lots of time off, great pay. Performance was definitely acknowledged and rewarded with salary and a yearly bonus.

    Cons

    Not the most interesting job, lots of meetings and unnecessary conference calls, technology definitely lagged behind.

    Advice to Management

    Rotate people around departments more. People get stuck in the same role - what they want is variety and a break from the monotonous. Also more flexibility and work from home would be welcome.


  4. Helpful (1)

    "Software Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Stamford, CT
    Current Employee - Software Developer in Stamford, CT
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Legg Mason full-time (More than a year)

    Pros

    Relaxed Culture and generous employee benefits for new employees

    Cons

    Technology is lacking based on what the direct competitors are doing and there is a severe lack in communication between the different departments.

    Advice to Management

    Focus more on hiring and keeping younger talent, the IT department is too heavily dependent on a few people. Try to do more than just "get by"


  5. 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


  6. 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


  7. "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

  8. Helpful (3)

    "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


  9. Helpful (3)

    "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


  10. Helpful (1)

    "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