Firm profile

WESTERN ASSET MANAGEMENT COMPANY

PASADENA, CACRD 110441Latest ADV February 27, 2026

Western Asset Management Company is an SEC registered investment adviser organized as a limited liability company with a primary office location in Pasadena, CA. Its latest Form ADV filing, dated February 27, 2026, reports $185.0B in regulatory assets under management, 137 employees, 1 office, and 31,897 accounts.

Assets Under Management
$185.0B
Employees
137
Offices
1 office
Total Clients
31,897
Primary office
PASADENA, CA
385 E. COLORADO BLVD., PASADENA, CA, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links

Leadership

3 roles identified
CEOThomas J. Gahan
CCOKim E. Stout
CIOMichael C. Buchanan

Advisory services offered

4 types reported
Portfolio management for businesses
Portfolio management for individuals and small businesses
Portfolio management for investment companies

Fee models offered

2 types reported
Asset based fees
Performance-based fees
Sources checked May 14, 2026

Client Coverage Demographics

Top client segmentIndividuals represent 94.6% of total clients.
Top client categories% of clientsClients
1
Individuals
94.6%
30,187
2
Corporations
1.8%
583
3
Pension Plans
1.4%
451
4
Charitable
0.9%
292
5
HNWI
0.7%
231
Additional categories (<0.1%)
Sovereign Wealth<5 clients
Banks<5 clients
Other Advisers<5 clients
Categories with <5 clients
Banking or thrift institutions<5 clients
Other investment advisers<5 clients
Sovereign wealth funds and foreign official institutions<5 clients

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$185.0Bas of February 27, 2026
Discretionary98.1%
$181.4B
98% of total RAUM98.1%
Non-discretionary1.9%
$3.6B
2% of total RAUM1.9%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Latest AUM$185.0B
Total Accounts31,897
10Y AUM Change$-174.1B (-48.5%)

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees137
Clients per Employee233:1
10Y Employee Change-500 (-78.5%)

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.