Legg Mason's head of wealth management distribution O'Donnell leaves following Franklin Templeton buyout

Worked at Legg Mason for 13 years

Joe O'Donnell, head of wealth management distribution and investment trusts at Legg Mason, has left the firm after 13 years, following Franklin Templeton's acquisition of the company in July.

O'Donnell, who was promoted into his newly created role from regional sales director in 2017, joined Legg Mason from Barclays Wealth in 2007, where he was a private banker. He began his career in investment management in 1998, when he worked as a portfolio manager for Rensburg Sheppards - now Investec Wealth. On his LinkedIn this morning (25 August), O'Donnell said he is "incredibly proud of what we have achieved at Legg [Mason]", including the launch of nine new products with five different affiliates, as well as "developing and growing the business with our clients, many of whom hav...