Who owns Legg Mason?

Franklin Templeton Investments
Legg Mason/Parent organizations

In July 2020, Franklin Templeton Investments acquired Legg Mason for $4.5 billion.

Is Legg Mason part of Primerica?

Primerica Shareholder Services provides exceptional customer support to PFS Investments Inc. Clients invested in Legg Mason, Invesco, American Century Investments and Amundi Pioneer funds may manage their portfolios at Primerica Shareholder Services.

Where is ClearBridge investments located?

We operate from offices in New York, Baltimore, London, San Francisco, Sydney and Wilmington. We offer strategies focused on three primary client objectives in our areas of proven expertise: high active share, income solutions and low volatility.

Does Legg Mason own ClearBridge?

ClearBridge Investments (ClearBridge) is affiliated with Legg Mason Investments (Ireland) Limited through common control and ownership by Franklin Resources, Inc.

Who is CEO of Legg Mason?

Since Legg Mason was acquired in February by Franklin Templeton, Sullivan remains chairman and CEO of Legg Mason and is a senior adviser working closely with leadership at Franklin Templeton to “create meaningful long-term benefits for our clients and provide our shareholders with a compelling valuation for their …

What is going on with Legg Mason?

Legg Mason recorded net outflows for the calendar year 2019 of $700 million after net outflows of $9.2 billion in 2018. But it is exactly the expansion of existing investment capabilities that has sources questioning whether Franklin Templeton can continue to operate a multiboutique structure.

Can I withdraw money from Primerica?

Information on the fees and expenses of our IRA products are available from your representative and on the web at www. primerica.com. Availability of Penalty-Free Withdrawals. Penalty-free withdrawals from IRAs are not available until age 59½, unless you qualify for an IRS approved exception.

When did Legg Mason acquire ClearBridge?

7/31/20
Franklin Templeton acquired Legg Mason on 7…

What is ClearBridge business?

Clearbridge is a healthcare company focused on the delivery of precision medicine in Asia. Its business comprises healthcare systems, medical clinics/centres, as well as the distribution platform of healthcare solutions and technologies from its global clinical partners and strategic medical technology investments.

What is Legg Mason sponsored funds?

Legg Mason offers investors an extensive, diversified choice of mutual funds across asset classes and markets worldwide. These funds are actively managed by our platform of nine specialized, independent global asset management affiliates.

Is Legg Mason still in business?

While the Legg Mason name will disappear, the firm’s work, as part of Franklin, will go on. “We continue to remain committed to Baltimore and our employees there, as evidenced by our pending investment in new Franklin Templeton signage at 100 International Drive,” said Matthew Walsh, a Franklin spokesman, in an email.

Is Legg Mason the same as Franklin Templeton?

Franklin Resources (NYSE:BEN), a holding company that operates the investment management firm Franklin Templeton, just acquired competitor Legg Mason in a $4.5 billion deal that now makes the combined firm one of the world’s largest in assets under management.