What does Franklin Templeton do?
Franklin Templeton Investments
| Headquarters in San Mateo, California | |
|---|---|
| Products | Mutual funds, Retirement Planning |
| Revenue | US$ 5.566 Billion (2020) |
| Operating income | US$ 1.491 Billion (2020) |
| Net income | US$ 798.9 Million (2020) |
Who owns Clear Bridge?
Legg Mason
ClearBridge Investments, LLC/Parent organizations
This website is owned and operated by LMIS, which is a wholly owned subsidiary of Legg Mason, Inc. (“Legg Mason”) a U.S.-based financial services holding company whose shares are listed and traded on the New York Stock Exchange, Inc. LMIS is the distributor of the Funds in the Americas.
Who purchased Legg Mason?
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.
How many employees does Legg Mason have?
3,0592020
Legg Mason/Number of employees
Can you lose money in mutual fund?
With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.
Is Legg Mason a bank?
Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020. …
What companies does Legg Mason own?
Contents
- 2.1 Brandywine Global.
- 2.2 Clarion Partners.
- 2.3 ClearBridge Investments.
- 2.4 EnTrust Global.
- 2.5 Martin Currie.
- 2.6 QS Investors.
- 2.7 RARE Infrastructure.
- 2.8 Royce Investment Partners.
Is Legg Mason publicly traded?
1983: Legg Mason becomes a publicly traded company. Its stock symbol LM is listed on the New York Stock Exchange.
Does Franklin Templeton own Legg Mason?
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.
Where are the offices of Legg Mason located?
In July 2020, Franklin Templeton Investments acquired Legg Mason for $4.5 billion. Location: Headquartered in New York City; offices in Baltimore, Atlanta, Boston, Dallas, London, Los Angeles, São Paulo, Seattle, and Washington, D.C.
How much money does Legg Mason management have?
Legg Mason serves individual and institutional investors on six continents, and has some $752.3 billion in aggregated assets under management as of April 30, 2018. Legg Mason operates using a multi-manager business model, with each of the company’s subsidiaries operating independently in its own segment of the asset management industry.
Who is the parent company of Legg Mason?
Review this information carefully before you make any investment decision. Legg Mason Investor Services LLC, is a wholly-owned subsidiary of Franklin Resources, Inc. This content is not approved for use by Primerica Representatives.
When was Legg Mason acquired by Franklin Templeton?
Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020.