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Legg Mason, Inc.
Type	Public (NYSE: LM)
Founded	1899
Headquarters	Baltimore, MD
Key people	Mr. Raymond "Chip" A. Mason, Founder, Chairman and CEO
Industry	Asset Management
Products	Asset Management
Revenue	N/A
Net income	N/A
Employees	N/A
Website	www.leggmason.com

Founded in 1899, Legg Mason, Inc. (NYSE: LM) is a leading Global Asset Management Firm that serves the institutional, mutual fund and wealth management markets. The firm is headquartered in Baltimore, Maryland, and is located on Lombard and Charles Streets in the Legg Mason building (formerly the USF&G building), which, at 35 above-ground stories, is the tallest building in Baltimore and in Maryland (and the tallest building between Charlotte and Philadelphia). Legg Mason serves a variety of clients including institutional and individual investors through three business units: Global Managed Investments, U.S. Asset Management, and International Asset Management. The firm provides investment advisory services through a diversified group of managers including Western Asset Management, ClearBridge Advisors, Legg Mason Capital Management, Private Capital Management, Royce & Associates, Brandywine Asset Management, Batterymarch Financial Management, and The Permal Group. Structured as a holding company, Legg Mason has investment offices in the UK, Brazil, Japan, Singapore, Chile, Poland, Australia, Hong Kong and the United States. The firm is among the world's largest asset managers based on assets under management with managed assets in excess of $890 billion as of September 30, 2006. Legg Mason, Inc. is a member of S&P 400.

Contents 1 Management 2 Core Areas of Business 2.1 Global Managed Investments 2.2 International Asset Management 2.3 U.S. Asset Management 3 External links

• Mr. Raymond A. "Chip" Mason: Founder, Chairman and Chief Executive Officer
• Mr. Jim Hirschmann: President and Chief Operating Officer
• Mr. Timothy Charles Scheve, Chief Administrative Officer, Senior Executive Vice President
• Mr. Mark Raymond Fetting, Senior Executive Vice President
• Mr. Peter Lanning Bain, Senior Executive Vice President
• Mr. Deepak Chowdhury, Senior Vice President

Global Managed Investments encompasses U.S. and international distribution, global fund administration, fund services and other related functions. Additionally, it includes the Mutual Funds division, which consists of investment management subsidiaries that derive a substantial portion of their revenues from the mutual fund business: ClearBridge Advisors, Legg Mason Capital Management, and Royce & Associates. It also encompasses the Company's branded mutual funds sold under the names of Legg Mason Funds, Legg Mason Partners Funds, Royce Funds, and Western Asset Funds.

International Asset Management encompasses the Company's investment management subsidiaries based outside the U.S, consisting of Legg Mason International Equities and Legg Mason Canada.

U.S. Asset Management encompasses U.S.-based investment managers that provide separate account management as their principal business. This unit is comprised of the U.S.-based Institutional and Wealth Management divisions. Investment subsidiaries operating in this sector include Barrett Associates, Bartlett & Co., Batterymarch Financial Management, Berkshire Asset Management, Bingham Legg Advisors, Brandywine Global Investment Management, Legg Mason Investment Counsel & Trust, Legg Mason Real Estate Investors, The Permal Group, Private Capital Management, and Western Asset Management.

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