Forms & Applications

Here you will find the documentation you need to establish a new account, as well as update or add features for a current Legg Mason mutual fund account or Scholars Choice 529 plan account.


Mutual Fund
Account Applications

Opening a new account? These applications are solely for Legg Mason Funds accounts. To open an account you must be a United States citizen or resident, at least 18 years of age with a valid Social Security Number and have a United States street or military address.

 

NOTE: You must also review the current prospectus for the fund(s) in which you are investing and accept the terms stated therein. The prospectus contains more complete information regarding fees and expenses. Please read it carefully before you invest or send money. To review a prospectus for a specific product, please visit the Mutual Funds Product List and search for a specific product. Prospectuses are located on individual product pages.

 
General
Title Description
Legg Mason Application for Investment Legg Mason Application for Investment
Legg Mason Business Entity Account Application Legg Mason Business Entity Account Application.
Legg Mason Coverdell ESA Account Application Legg Mason Coverdell ESA Account Application
 
Retirement
Title Description
Legg Mason IRA Application and Adoption Agreement Legg Mason IRA Application and Adoption Agreement.
Legg Mason Inherited IRA -Non Spouse, Trust, Estate, or Entity Application Legg Mason Inherited IRA -Non Spouse, Trust, Estate, or Entity Application.
Legg Mason SIMPLE IRA Application Legg Mason SIMPLE IRA Application.

Mutual Fund
Account Maintenance

Administrative Forms
Title Description
Legg Mason Additional Purchase Form Add additional funds to your existing accounts
Legg Mason Account Maintenance Form Make changes to your account, including address, dividend/cap gain distribution options, systematic investment plan, systematic withdrawal plan or telephone transaction services
Legg Mason Letter of Intent Form Take advantage of breakpoints in Class A funds.
Legg Mason Limited Power of Attorney Form Appoint an individual as your lawful agent to act on your behalf
Legg Mason Beneficiary Designation Form To designate beneficiaries (or to change a previously made designation) for your individual or joint tenant with rights of survivorship account.
Legg Mason Coverdell ESA Withdrawal Form Request a distribution from your account
Redemption Request Form (Non-Retirement Accounts) Non-retirement redemption form to withdraw from a non-retirement account.
Legg Mason Affidavit of Domicile Verify the state of residence of a deceased individual. Document must be submitted by the executor, administrator, or surviving joint tenant.
Legg Mason IRA Distribution Request Request a distribution from your account
Legg Mason Required Minimum Distribution Election Form Request a Required Minimum Distribution from your account
Legg Mason Spouse Beneficiary IRA Inheritance Request Request a distribution if you are the spousal beneficiary of an IRA
Legg Mason 403(b) Request for Distributions Form Request a distribution from your 403(b) account
Legg Mason Non-Spouse, Trust, Estate, or Entity Beneficiary IRA Inheritance Request Form Request a distribution from an inherited IRA if you are a non-spouse, trust or estate beneficiary
Legg Mason Inherited IRA Distribution Request Form Request a distribution from an inherited IRA
 
Transfer Request Form
Title Description
Legg Mason Direct Transfer Form Transfer assets currently held at another financial institution to a Legg Mason Funds Investor Services account
Legg Mason Change of Ownership Form Transfer assets between Legg Mason Fund accounts. Please note: Additional paperwork may be required to change ownership of an existing account.
Legg Mason Coverdell ESA Transfer Assets Form Transfer assets from a Coverdell account to a Legg Mason account
Legg Mason Coverdell ESA Certification Rollover Assets Form Certify your rollover assets coming from a Coverdell account
Legg Mason Inherited IRA Transfer of Assets Form Request an inherited IRA trustee to trustee transfer of assets
Legg Mason IRA Certification Rollover Assets Use this form to certify your rollover assets coming from an IRA account
Legg Mason IRA Transfer of Assets Form Request an IRA transfer of assets or a direct rollover from an existing retirement plan account to your Legg Mason IRA
Legg Mason Roth IRA conversion Request - External Convert an IRA from another custodian to a Legg Mason Funds Roth IRA
Legg Mason Recharacterization Request - External Recharacterize a contribution or conversion contribution from another institution to a Legg Mason Funds IRA

529
Account Applications

General
Title Description
Scholars Choice Accumulation Privilege-Letter of Intent Form Scholars Choice Accumulation Privilege-Letter of Intent Form.
Scholars Choice Rollover into College Savings Program Form Scholars Choice Rollover into College Savings Program Form

529
Account Maintenance

Administrative Forms
Title Description
Scholars Choice Account Maintenance Form Scholars Choice Account Maintenance Form
Scholars Choice Withdrawal Form Scholars Choice Withdrawal Form.
Corporate Authorization Agreement - Scholars Choice Scholars Choice Corporate Authorization Agreement
Scholars Choice Investment-Related Account Changes Form Scholars Choice Investment-Related Account Changes Form (Beneficiary Changes, Account Owner Changes, Investment Option Changes)
Scholars Choice Rollover into College Savings Program Form Scholars Choice Rollover into College Savings Program Form
Scholars Choice Corporate Plan Employee Direct Deposit Form (BNY Firms) Scholars Choice Corporate Plan Employee Direct Deposit.
Scholars Choice Accumulation Privilege-Letter of Intent Form Scholars Choice Accumulation Privilege-Letter of Intent Form.
Scholars Choice Contribution by Mail Coupon Scholars Choice Contribution by Mail Coupon.
Scholars Choice Change of Dealer Form Scholars Choice Change Dealer.

CONTACTS
& SUPPORT

HELP DESK

Our investment professionals are on call to support you.


Legg Mason Funds Investor Services
1-800-822-5544


Closed-End Fund Support
1-888-777-0102


529: FA & Client Operational Support
1-888-572-4652


529: FA Sales Support
1-800-544-7835


Royce Funds Support
1-800-841-1180


MUTUAL FUND
MAILING INFORMATION

For Royce Funds mailing information, please visit Roycefunds.com.


U.S. Postal Service
Legg Mason
P.O. Box 9699
Providence, RI 02940-9699


Overnight Carrier
Legg Mason
4400 Computer Drive
Westborough, MA 01581


529 ACCOUNT PROCESSING

Financial Advisors should check with their firms regarding internal 529 account processing procedures.


U.S. Postal Service
Scholars Choice College Savings Program
P.O. Box 9680
Providence, RI 02940-9680


Overnight Carrier
Scholars Choice College Savings Program
4400 Computer Drive
Westborough, MA 01581


529 Paperwork Processing Fax
1-508-599-4157


IMPORTANT INFORMATION: All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s web page for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision.

Carefully consider a fund’s investment objectives, risks, charges and expenses before investing. Please view the prospectus or summary prospectus for this and other information. Read it carefully.

FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call the Legg Mason Sales Desk 1-800-822-5544 or your Legg Mason Sales contact for more information.

IMPORTANT INFORMATION: An investor should consider the Program's investment objectives, risks, charges and expenses before investing. The Program Disclosure Statement, which contains more information, should be read carefully before investing. If an investor and/or an investor's beneficiary are not Colorado taxpayers, they should consider before investing whether their home states offer 529 plans that provide state tax and other benefits only available to state taxpayers investing in such plans.

Blended Benchmark performance is shown for illustrative purposes only. The benchmark for each Investment Option is a hypothetical blend of unmanaged indices for the underlying asset classes corresponding to the Investment Option's target allocations within each asset class.  Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.  An Investment Option's benchmark may change over time to reflect changes in an asset class benchmark, the Investment Option's underlying funds and/or the Investment Option's target allocations to such funds. When an Investment Option's benchmark changes, the benchmark’s new composition is utilized to calculate benchmark performance for periods from and after such change.  Benchmark performance for periods prior to the change is not recalculated or restated based on the benchmark’s new composition.

Investments in the Scholars Choice College Savings Program are not insured by the FDIC or any other government agency and are not deposits or other obligations of any depository institution. Investments are not guaranteed by the State of Colorado, CollegeInvest, QS Investors, LLC, Legg Mason Investor Services, LLC, or Legg Mason, Inc. or its affiliates and are subject to investment risks, including loss of principal amount invested.

Legg Mason, Inc., its affiliates and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the "promotion or marketing" of the transaction(s) or matter(s) addressed by these materials to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Scholars Choice® is a registered service mark of CollegeInvest. CollegeInvest and the CollegeInvest logo are registered trademarks. Administered and issued by CollegeInvest, State of Colorado. QS Investors, LLC is the Investment Manager and Legg Mason Investor Services, LLC is the primary distributor of interests in the Program; together they serve as Manager of the Program. QS Investors, LLC, ClearBridge Investments, LLC, Brandywine Global Investment Management, LLC, Royce & Associates, LP, Western Asset Management Company, and Legg Mason Investor Services, LLC are Legg Mason, Inc. affiliates. Thornburg Investment Management, Inc. and Templeton Global Advisors Limited are not affiliated with Legg Mason Inc. and its affiliates. 

Audited financial statements for the Scholars Choice® College Savings Program, including balance sheets, income statements, cash flow statements, and the Management's Discussion and Analysis (MDA), may be viewed at https://www.collegeinvest.org/about-us/financial-statements