History
In 1992, Legg Mason, Inc., our parent company, established the predecessor to Legg Mason Investment Counsel & Trust Company. Since then, we have carefully and strategically grown our business to best meet the needs and objectives of our clients.
A period of change
Originally started as a trust and investment firm, Legg Mason Investment Counsel primarily served affluent individuals and families. With a rapidly expanding client base, we began to seek opportunities to increase and enhance our core services.
Toward the end of the 1990s and through 2004, we joined forces with a number of premier investment organizations that both complemented and strengthened our existing trust and investment management capabilities. Today, Legg Mason Investment Counsel maintains its national trust powers and is a leading provider of quality generational planning and investment management solutions.
The Legg Mason Investment Counsel advantage
- Direct access to portfolio managers
- Independent proprietary research focusing on quality businesses
- Investment advice based on individual consultation
- Competitive long-term performance
- History of sound asset management for individuals and institutions
- Access to world-class investment managers
- A culture that fosters and rewards investment professionalism
Positioned for the future
Legg Mason Investment Counsel is headquartered in Baltimore, Maryland. Here, our executive management and key operations—research, compliance, trading, and technology—are centralized to provide maximum efficiency and support to our client-facing offices in Baltimore, Chicago, Cincinnati, New York, and Philadelphia.
Our location also allows for direct access to the diverse and robust resources of Legg Mason, Inc., one of the largest money managers in the world.
Continuing the vision
From Legg Mason, Inc., we also share a 100-year heritage that is grounded in trust and integrity. We are proud to be part of a global organization equally recognized for its investment success and sound, ethical standards.
We draw from this stability and consistency, and benefit from Legg Mason, Inc.'s continued commitment to our business.
2006
Legg Mason Trust and Legg Mason Investment Counsel become Legg Mason Investment Counsel & Trust Company, N.A.
2004
Legg Mason Investment Counsel formed from Scudder Private Investment Counsel acquisition
1992
Legg Mason Inc., our parent company, establishes Legg Mason Trust Company