On January 27, 2012, Cincinnati.com reported that employees of Bartlett & Co. had bought the firm from Baltimore-based asset management firm Legg Mason.
On January 27, 2012, Cincinnati.com reported that employees of Bartlett & Co. had bought the firm from Legg Mason after selling it to the asset management firm more than 16 years ago. Bartlett, which had approximately $2.6 billion under management prior to the transaction, will form Bartlett & Co. LLC. The Cincinnati, Ohio-based firm provides complex estate planning and other services to high-net-worth individuals, families, endowments, and foundations. Legg Mason is a Baltimore-based global asset management firm which now focuses on mutual fund management. Terms of the transaction were not disclosed.
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