{"url":"https://nivawealth.com/firms/western-asset-management-company-limited-110427","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110427","regulatoryAum":20094199212,"crd":"110427","secFileNumber":"801-21068","legalName":"Western Asset Management Company Limited","displayName":"Western Asset Management Company Limited","website":"https://www.westernasset.com/uk/","founded":null,"organization":"corporation organized in United Kingdom","fiscalYearEnd":"September","headquarters":{"street":"10 Exchange Square, Primrose Street","city":"London","state":"","stateName":"","country":"United Kingdom","postalCode":"EC2A 2EN"},"tradeNames":[],"registration":{"secApproved":"13 April 1984","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":27,"advisory":16,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":20094199212,"discretionaryAccounts":34,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":95,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":1,"regulatoryAum":0},{"label":"Pooled investment vehicles","clients":12,"regulatoryAum":1650893243},{"label":"Pension and profit-sharing plans","clients":2,"regulatoryAum":277215879},{"label":"Charitable organizations","clients":5,"regulatoryAum":602845157},{"label":"State or municipal government entities","clients":3,"regulatoryAum":1357912235},{"label":"Insurance companies","clients":1,"regulatoryAum":941982782},{"label":"Sovereign wealth funds and foreign official institutions","clients":8,"regulatoryAum":14149228118},{"label":"Corporations and other businesses","clients":3,"regulatoryAum":1114121798}],"fees":[],"feeNotes":[],"custodians":[{"name":"Northern Trust Co.","shortName":"Northern Trust","location":"London","smaAssets":2471160000},{"name":"State Street Bank & Trust Co.","shortName":"State Street Bank & Trust","location":"London","smaAssets":2542820000},{"name":"Bank of New York","shortName":"Bank of New York","location":"London","smaAssets":12243160000}],"custodyNote":"Western Asset Management Company Limited does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Andrew Ashton","title":"Director and Chief Executive Officer","crd":"6763546"},{"name":"Jelena Petrovic","title":"Chief Compliance Officer","crd":"6028481"},{"name":"Michael Buchanan","title":"CIO","crd":"3084703"},{"name":"Connie Fischer","title":"Director of Portfolio Operations","crd":"2102624"},{"name":"Courtney Hoffmann","title":"Director and Senior Executive Officer","crd":"7605606"},{"name":"Annabel Rudebeck","title":"Director","crd":"8220904"},{"name":"Euan Wilson","title":"Director","crd":"7148304"}],"ownership":[{"label":"Legg Mason Global Holdings LTD.","detail":"Sole shareholder in the 75% or more ownership band and a control person, since July 2021."},{"label":"Legg Mason, Inc.","detail":"Indirect owner: a sole shareholder of Templeton Worldwide, Inc. in the 75% or more band and a control person, since February 1996.","parent":"Templeton Worldwide, Inc."},{"label":"Franklin Templeton, Inc.","detail":"Indirect owner: a sole shareholder of legg mason, inc. of Legg Mason, Inc. in the 75% or more band and a control person, since July 2020.","parent":"Legg Mason, Inc."},{"label":"Templeton International, Inc.","detail":"Indirect owner: a sole shareholder of etp holdings (cayman) limited and jt partner of lmgh ltd of Etp Holdings (cayman) Limited in the 75% or more band and a control person, since July 2021.","parent":"Etp Holdings (cayman) Limited"},{"label":"Templeton Worldwide, Inc.","detail":"Indirect owner: a sole shareholder of Templeton International, Inc. in the 75% or more band and a control person, since July 2021.","parent":"Templeton International, Inc."},{"label":"Etp Holdings (cayman) Limited","detail":"Indirect owner: a jt partners of templeton international inc. and lmgh ltd of Legg Mason Global Holdings LTD. in the 75% or more band and a control person, since July 2021.","parent":"Legg Mason Global Holdings LTD."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"011442074223000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":18},{"label":"Sovereign bonds","percent":28},{"label":"Investment grade corporate bonds","percent":40},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":7,"detail":"Asset-Backed and Agency Mortgage-Backed Securities"}],"privateFunds":0},"sources":{"adv1FilingDate":"16 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110427/PDF/110427.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Western Asset Management Company Limited have?","answer":"Western Asset Management Company Limited has 35 clients and manages $20.1 billion for them, as of September 2026. They include 12 pooled investment vehicles, 8 sovereign wealth funds and foreign official institutions and 5 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 16 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Western Asset Management Company Limited offer?","answer":"Western Asset Management Company Limited provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Western Asset Management Company Limited use?","answer":"Western Asset Management Company Limited’s separately managed account assets are held at Bank of New York (London), with $12,243,160,000, State Street Bank & Trust Co. (London), with $2,542,820,000 and Northern Trust Co. (London), with $2,471,160,000. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Western Asset Management Company Limited have?","answer":"Western Asset Management Company Limited has 0 investment adviser representatives registered with state securities authorities, out of 27 employees, and 16 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Western Asset Management Company Limited invest in?","answer":"At the end of its last fiscal year, Western Asset Management Company Limited’s separately managed accounts held 40% investment grade corporate bonds, 28% sovereign bonds, 18% U.S. government and agency bonds, 7% asset-backed and agency mortgage-backed securities, 5% cash and equivalents, 1% high-yield corporate bonds and 1% registered funds (mutual funds, ETFs, BDCs). It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Western Asset Management Company Limited?","answer":"Western Asset Management Company Limited is owned through a chain of holding companies by Franklin Templeton, Inc. Its direct owner is Legg Mason Global Holdings LTD. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 16 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Western Asset Management Company Limited get paid?","answer":"Western Asset Management Company Limited is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}