Legg Mason is a publicly owned asset management firm that serves individual and institutional investors. The firm offers its clients a broad range of equity, fixed income, liquidity and alternatives solutions, from mutual funds to college savings plans to variable annuities to separately managed accounts. The firm has global retail distribution capabilities with leading partners, including banks, brokerage firms, insurance companies and independent advisers. Legg Mason was established in 1899 and is based in Baltimore, Maryland.