Legg Mason Reviews | Glassdoor

Legg Mason Reviews

Updated February 17, 2017
98 reviews

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98 Employee Reviews

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Pros
  • Good remuneration, interesting markets, good work life balance (in 11 reviews)

  • Great people, healthcare, and work atmosphere (in 6 reviews)

Cons
  • Lack of cohesion in low to mid level management (in 3 reviews)

  • Lay-offs, raises, bonuses, lack of career development (in 3 reviews)

More Pros and Cons

  1. "Quality Corporate Environment"

    Star Star Star Star Star
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Executive Assistant in Baltimore, MD
    Former Employee - Executive Assistant in Baltimore, MD

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

    Pros

    Very structured corporate culture that allows growth and values hard work and committment.

    Cons

    Management does not seem to have a clear vision for the company.


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

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD
    No opinion of CEO

    Pros

    Legg 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.

    Cons

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


  3. "Positive"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Stamford, CT
    Former Employee - Anonymous Employee in Stamford, CT
    Recommends
    Disapproves of CEO

    Pros

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

    Cons

    Expensive cafeteria, unavailable senior management

    Advice to Management

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


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  5. "People are nicer comparing to other buy side shops."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD
    No opinion of CEO

    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 Management

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


  6. "Interesting"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Developer in Stamford, CT
    Former Employee - Applications Developer in Stamford, CT
    Approves of CEO

    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 Management

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


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

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Analyst in New York, NY
    Former Employee - Data Analyst in New York, NY
    No opinion of CEO

    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 Management

    Better inter departmental communication


  8. "Excellent place to work at an investment advisory company."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD
    Recommends
    Approves of CEO

    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 Management

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


  9. "Company is ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    No opinion of CEO

    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.


  10. "Good learning experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD
    Recommends
    Approves of CEO

    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 Management

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


  11. "An asset management firm that cannot manage its assets"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Services in New York, NY
    Current Employee - Client Services in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Simple/light workload, apathy in the office leads to a haven for underacheivers

    Cons

    Salary well below industry standards, confused management, archaic procedures, extreme office politics/bureaucracy at hand.

    Advice to Management

    Stop reacting to random, intangible one-off events and take an educated initiative to solve problems. With all the executive rhetoric about being "best in class," we should be focused more on actually rewarding/compensating talent, rather than trying to improve margins by settling for mediocrity.



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