WESTERN ASSET MANAGEMENT COMPANY

RIASEC RegisteredEst. 1971

Total AUM

$185B

Discretionary

$181B

98% of AUM

Avg account

$5.8M

Accounts

31,897

Employees

137

Advisory reps

Firm details

Headquarters: PASADENA, California
CRD number: 110441
Registered since: December 17, 1971
Website: www.westernasset.com
Custodians: THE BANK OF NEW YORK MELLON, STATE STREET BANK AND TRUST COMPANY, NORTHERN TRUST SECURITIES, INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies44.36%
Pooled Investment Vehicles14.94%
Insurance Companies13.78%
State / Municipal Government6.29%
Pension & Profit Sharing Plans5.33%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Western Asset Management Company is a fixed-income–centric investment manager that also runs a range of pooled funds and alternative strategies. The firm allocates heavily to investment‑grade corporate bonds and other credit instruments, while maintaining a multi‑strategy footprint that includes hedge funds, securitized products and private equity. Its client base spans individual and family accounts as well as institutional investors, and its fee schedule combines percentage‑of‑AUM charges with performance‑based fees where appropriate. Investment activity leans toward liability‑aware, income‑driven mandates and pooled vehicles, with portfolio management services offered to individuals, businesses, investment companies and other pooled investment vehicles. The firm is active in ESG integration, applying environmental, social and governance factors in security selection and credit analysis. It also conducts CPO/CTA activities and can act as sponsor or managing member of pooled investment vehicles.