Qs Legg Mason Global Asset Allocation, LLC (New York)

Name: Qs Legg Mason Global Asset Allocation, LLC
Address: 880 Third Avenue, New York, NY, 10022
Telephone: 212-886-9200

Qs Legg Mason Global Asset Allocation, LLC is a large advisory firm based in New York. It manages $8.88 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2014.

Qs Legg Mason Global Asset Allocation provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and non-discretionary advice. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Qs Legg Mason Global Asset Allocation: assets under management

The assets under management (AUM) of Qs Legg Mason Global Asset Allocation, LLC is $8.88 billion. The firm's AUM has grown by 14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.2 billion in discretionary accounts and $3.69 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $324.93 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $245.68 million.

Qs Legg Mason Global Asset Allocation has custody of $3.69 billion in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Qs Legg Mason Global Asset Allocation, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Qs Legg Mason Global Asset Allocation, LLC

John Duff Kenney has been acting as President since 1 May 2014. Vanessa Ann Williams joined the executive team most recently as the Chief Compliance Officer And Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Legg Mason	Sole member	1 Oct 2006	75% - 100%	52-1200960
Joseph Patrick Larocque	Director	1 Aug 2013	Other	4363277
John Duff Kenney	Director	1 May 2014	Other	2387755
James Hayden Norman	Director and president	1 May 2014	Other	4396773
Janet Carol Campagna	Director and chief executive officer	1 May 2014	Other	3196228
Thomas Gordon Rose	Chief financial officer and treasurer	1 May 2014	Other	4339210
Jeffrey Allen Nattans	Director	1 May 2014	Other	2786221
Steven Ross Ducker	Chief compliance officer	1 May 2014	Other	5768002
Daniel James Holman	Chief operating officer	1 May 2014	Other	5768004
Philip Edward Channen	Chief compliance officer and secretary	1 Nov 2014	Other	4814848
Robert Yu Ming Wang	Chief operating officer and head of portfolio management implementation	1 Jan 2015	Other	1828064
Thomas Clifton Merchant	Director	1 Jun 2015	Other	3126886
Vanessa Ann Williams	Chief compliance officer and secretary	1 Dec 2015	Other	4624710

Based in New York

The principal office where Qs Legg Mason Global Asset Allocation, LLC performs its advisory services is located at 880 Third Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-886-9200 or by fax 212-886-9201. The normal business hours are 8:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at lmgaa.com.