Legg Mason Sucks Customer Reviews and Feedback

From Everything.Sucks

Legg Mason was an investment management and asset management firm headquartered in Baltimore. As of December 31, 2019, the company had $730.8 billion in assets under management, including $161.2 billion in equity assets, $420.2 billion in fixed income assets, $74.3 billion in alternative assets, and $75.1 million in liquidity assets.[1] In July 2020, the company was acquired by Franklin Templeton Investments.

A former employee Said this in a review: Source “indeed “

- New York, NY - 25 junio 2017

No Innovation. No Diversity. Terrible Pay. Legg Mason is not the best in class company to work for. Find a better alternative. Lacks Diversity of Everything

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Wholesaler says

"HR is a joke. Portfolio managers underperform benchmarks consistently. HR is a joke. There is no leadership. HR is a joke. Great for politics and brown nosing. HR is a joke."

Finance says

"Politics is rampant Poor collaboration - everyone is trying to protect their position so most people are rowing the boat in opposite directions Managers focus on figuring out who to blame when something goes wrong instead of trying to solve the actual problem Employees constantly stabbing each other in the back Technology fails when it’s needed the most"

Former Employee - Marketing Analyst says

"Dysfunctional leadership, low pay, no raise, cut bonuses. Disrespectful team leaders, low morale. Work life balance only offered to a chosen few."

Former Employee - Financial Analyst says

"everyone is pretty unhappy, worried about future of company"

Former Employee - Anonymous Employee says

"Inexperienced management, CEO that lacks direction/experience, situation where the affiliates dictate how they want things done and CEO just follows, horrible marketing organization (they just don’t get what the clients wants/needs), sales management who has never even held the position of the folks they manage, no sense of direction, lack of focus, too many things to focus on so everyone just does their own thing, they promote “diversity” and i guess that means keeping someone in their role because they’re black and disregarding the fact they were arrested for being a sexual deviant WHILE ON THE COMPANY DIME (pathetic and completely false claim that they “value” diversity - they just jumped on the bandwagon so they don’t look like they’re the only company that doesn’t care.. trust me, they don’t care), HR that is the anti-HR (they are the most gossipy and cliquey part of the org - you cant trust them - they like the attention they get from their male buddies so if you’re even thinking of going against any of them because of serious issues, you’ll be the one screwed in the end)"

Former Employee - Anonymous Employee says

"Bad Management. Can’t execute strategy. Only strategy management do well is cost cutting. Do not spend time develop talents. Favoritisms over merits. If you are a Minority do not expect any major career advancement."

Former Employee - Anonymous Employee says

"company struggling to find identity"

Client Services Manager says

"If you want to grow professionally don't look here. Management only promote within the trusted circle and are easily influenced by what they are told by others not by what you actually do."

Data Analyst says

"Backstabbing recent college graduates who lie about who made improvements are who got the work done. Moreover, many people use Christian phrases and not very politically open minded. My worst experience was when my bosses were not in the office and the recent college graduates blamed work errors on me and even said "Well, it is two verses one, it doesn't matter what you did or say". *cough *cough, was later let go. DO NOT WORK HERE."

says

"They work you long hours and hardly pay."

A. Sales Assistant (Former Employee) says

"It has been some time for this job. I don't remember that much at it other than work there was alright. Keyed a lot of orders into the NYSE system and posted investment purchases.Investment of stocks.Loses"

Compliance Officer (Former Employee) says

"No Innovation. No Diversity. Terrible Pay. Legg Mason is not the best in class company to work for. Find a better alternative. Lacks Diversity of Everything"

Account Reconciliation Clerk (Consultant) says

"I think it's good to get to know your employees, and create some Work Place value. We've lost touch with Value or Loyalty to one's time and dedication. So, overall, I just hope one day we get back to appreciating, OR HONORING DEDICATION.Good lunchesLong Drivesthe worklace."

Admin Asst/Facilities Manager (Former Employee) says

"While I enjoyed the work I performed, I wasn't acknowledged for that performance. I was hired as an Admin Asst, however, performed the responsibilities of a Facilities Manager. I worked closely with outside vendors and building management. My co-workers were great as there were approximately 160 of us. I most enjoyed being needed and solving employee issues on a daily basis. The hardest part of the job was being layed off along with 59 others due to corporate restructuring."

Client Service Representative (Former Employee) says

"Financial industry too ever-changing for my personal security. Too many ifs to be able to feel comfortable with assisting financial advisor with daily functions."

Internal Sales Director (Current Employee) says

"Transitioning company in a competitive industry. Management not good. They have way too many products to the point you are a master of none. Forces you to sell their fund of the month/quarter. Salary and compensation quotes were not met once fully ingrained in the job"

Assistant Vice President - Accounting Manager (Former Employee) says

"A typical day at work would be adjusting and /or reviewing fund budgets. I learned more than I could have ever imagined at Legg. I was exposed to many aspects of the Funds as well as different departments. Management tried hard to keep up with the changes but ultimately all the cuts really put a lot of pressure on the employees. My co workers were really nice, hardworking people. The hardest part of the job was wondering what was coming down the pike next. What was being eliminated, changed and/or introduced. Not knowing what was happening next was really hard. The most enjoyable part of the job was working with a great boss and group. We really stuck together and made the best out of every situation.great bosscuts and change"

Assistant Vice President, Financial Reporting Communications (Former Employee) says

"This is good place to work that offers flexibility and ability to work remotely. Interaction with good people and the office location is very accessible."

Security Manager (Current Employee) says

"Computer and Corporate Security functions including computer systems security auditing, executive security and physical and facilities protections activities"

VP/Mgr of Global Asset Mgmt Fair Valuation (Former Employee) says

"Continuous change is the Legg Mason motto until the vision of the best company is realized. These transitions come at a cost to all divisions and technology. But with great change comes great rewards. I felt great rewards completing the multiple compliance/ due diligence tests. and meeting the deadlines timely.Developing new technology from in house IT.Yearly benefit adjustments"

Marketing (Current Employee) says

"I just wish there were more opportunities to move up. Otherwise it is a good place to work. The management is good and really value the employees. Strong emphasis on diversity."

Manager of Shipping/Receiving -IT Department (Former Employee) says

"At Legg Mason, I was responsible for storing and distributing technology equipment purchased by the company for the IT Department. I was also responsible for shipping equipment to various local Legg Mason offices.good learning experience"

Receptionist (Current Employee) says

"Legg Mason provides a great enviornment to work in. It has great management and wonderful co-workers"

Network Analyst (Former Employee) says

"This is a good company to work for. Especially if you want to touch various systems and/or support groups (at least when I was there). Not sure about how things are today given the restructuring. But I learned A LOT from working there. This was a good stepping stone for future career opportunities.Great team of peopleNo worklife balance for support staff"

Global Fiduciary Platform - Senior Analyst (Former Employee) says

"My typical work day consisted of routine responsibilities and ad-hoc queries and requests, which I enjoyed most. The ad-hocs were often urgent and related to trading/ operational issues. I also enjoyed analyzing data and working with MS Excel spreadsheets. In the 13 years with the company, I've learned that building good relationships make doing business easier and pleasurable.Had a great manager and managing director.Nothing worth mentioning."

Executive Assistant (Former Employee) says

"Excellent workplace. Supported key high-level executives, business-wise and some personal. Workload was reasonable and interesting. Friendly, cooperative co-workers. The hardest part of the job was there was no hard part of the job. The most enjoyable part of the job was supporting interesting, dynamic, intelligent people.Salary, benefits"

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