Legg Mason Trust Fsb (Baltimore)

Name: Legg Mason Trust Fsb
Address: 100 Light St, Baltimore, MD, 21202
Telephone: 410-454-2171

Legg Mason Trust Fsb is a large advisory firm based in Baltimore. It manages $6.38 billion of regulatory assets for 814 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, California, Delaware, and 4 other states.

Legg Mason Trust Fsb provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Legg Mason Trust Fsb: assets under management

The assets under management (AUM) of Legg Mason Trust Fsb is $6.38 billion. The firm's AUM has grown by 53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.44 billion in discretionary accounts and $1.95 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $31.93 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.88 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Legg Mason Trust Fsb for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Legg Mason Trust Fsb

William Fownes Blue has been acting as President since 1 Sep 1999. Peter Lanning Bain joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Charles Scheve	Director	1 May 1999	Other	1319072
Arthur Piper Sims	President and director	1 May 1999	Other	1588691
Inc. Legg Mason	Sole owner	1 May 1999	75% - 100%	52-1200960
Charles Walter Cole	Chairman, ceo and director	1 Jul 1999	Other	4366451
Jennifer Ward Reynolds	Vice chairman, cio and director	1 Jul 1999	Other	2663058
William Fownes Blue	Director	1 Sep 1999	Other	4391866
James Wellons Brinkley	Director	1 Sep 1999	Other	30719
John Alexander Luetkemeyer	Director	1 Sep 1999	Other	4391882
Edward Albert Taber	Director	1 Sep 1999	Other	1778866
Gregg Wieland Hawes	Managing director	1 Feb 2000	Other	2580730
Peter Francis O'malley	Director	1 Dec 2000	Other	4391892
Jane Lisa Brown	Director	1 Dec 2000	Other	4392269
Marc Paul Blum	Director	1 Apr 2001	Other	4391875
Peter Lanning Bain	Director	1 Aug 2001	Other	4221890
Gregg Wieland Hawes	Managing director,cfo and general counsel	1 Jun 2003	Other	2580730
Eugene Kistler Lawson	Director	1 Oct 2003	Other	4819498
Deepak Chowdhury	Director	1 Jan 2004	Other	1770083
David Stuart Penn	Director	1 Jan 2004	Other	1284964
Nancy Elizabeth Mccolgan	Chief operating officer	1 Apr 2004	Other	4748718
Charles Walter Cole	President, chairman, ceo and director	1 Aug 2004	Other	4366451
Timothy Joseph Hynes	Chief compliance officer	1 Sep 2004	Other	4354667
Harry Omealia	Director	1 Apr 2005	Other	3178194
Peter Lanning Bain	Director	1 Oct 2005	Other	4221890

Based in Baltimore

The principal office where Legg Mason Trust Fsb performs its advisory services is located at 100 Light St, Baltimore, MD 21202, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 410-454-2171 or by fax 410-454-3154. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.leggmason.com.