Tuesday, February 18, 2020

How did Legg Mason get here? A look back at the Baltimore firm's history.

Legg Mason Inc.’s rise to prominence in Baltimore actually began in Virginia. Raymond A. “Chip” Mason, a College of William & Mary graduate, joined his uncle’s brokerage business in Lynchburg, Virginia. He was described by classmates as “having a head for numbers” but he knew next to nothing about the brokerage business. He learned quickly after a group of investors in Newport News wanted Mason to lead a new brokerage. They converted a corner drugstore into Mason & Co. The firm needed capital so…



from https://www.bizjournals.com/baltimore/news/2020/02/18/how-did-legg-mason-get-here-a-look-back-at-the.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/190899432402

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