Legg Mason Wood Walker, Incorporated (Baltimore)

Legg Mason Wood Walker, Incorporated is a large advisory firm based in Baltimore. It manages $9.05 billion of regulatory assets for 17,298 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 45 other states.

Legg Mason Wood Walker, Incorporated provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for approximately 5,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Legg Mason Wood Walker, Incorporated: assets under management

The assets under management (AUM) of Legg Mason Wood Walker, Incorporated is $9.05 billion. The firm's AUM has grown by 127% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.23 billion in discretionary accounts and $4.82 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $476.16 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $573.27 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Legg Mason Wood Walker, Incorporated for their services and products based on a percentage of assets under management, hourly charges, subscription fees, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Legg Mason Wood Walker, Incorporated

Timothy Charles Scheve has been acting as President since 1 Aug 1982. Robert Gregory Sabelhaus joined the executive team most recently as the Chief Executive Officer & President.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Baltimore

The principal office where Legg Mason Wood Walker, Incorporated performs its advisory services is located at 100 Light St, Baltimore, MD 21202 1036, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-837-8800 or by fax 410-454-3322. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.leggmason.com.

Registered investment advisers similar to Legg Mason Wood Walker, Incorporated

• Napier Park Global Capital (Us)
• Duff & PheLPs Investment Management
• Gmac Institutional Advisors
• Ubs Alternative & Quantitative Investments
• Stepstone Group Real Assets
• Lincoln Investment Planning
• Guggenheim Investment Advisors
• Harris Alternatives L.L.C
• Steadfast Capital Management
• Ohio National Investments
• Caledonia (Private) Investments Pty Limited
• Varagon Capital Partners
• Sycamore Partners Management
• First Reserve Management
• Liberty Wanger Asset Management