Legg Mason Inc has been in the business of investment management for well over a century now. They started long back in 1899 in Baltimore, Maryland. Today they stand ever stronger with growing business all over. Their success is a testimonial of their mission which is to be a true global leader in the field of investment and asset management. That is the reason they tend to focus on each segment with absolute attention by applying affiliate system to each division of investment type. Every affiliate enjoys an autonomous status in its functions and operations. As of the end of April this year, they are managing assets just under $655 billion.