Legg Mason Partners Fund Advisor, LLC is a large advisory firm based in New York. It manages $156.35 billion of regulatory assets for 141 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Connecticut, Florida, and New York.
Legg Mason Partners Fund Advisor provides portfolio management for investment companies, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Legg Mason Partners Fund Advisor, LLC is $156.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 11% since the beginning of its operation, and $39.62 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Legg Mason Partners Fund Advisor, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Legg Mason Partners Fund Advisor is investment companies with 136 clients and $116.74 billion of assets under management. Among the 10 most similar advisory firms, Legg Mason Partners Fund Advisor has the 3rd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $156.35 billion for 141 clients. 4% of the firm’s clients are foreign persons or businesses.
Legg Mason Partners Fund Advisor doesn't advise any private funds.
The company employs 12 people that are either part- or full-time employees. No employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Legg Mason Partners Fund Advisor, LLC performs its advisory services is located at 620 Eighth Avenue 49 Th Floor, New York, NY 10018, which is also the mailing address of the firm. An additional office of the firm is in Miami, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-805-6016 or by fax 877-859-4112. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.