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  "organisationId": "O-58e85c62c3f949d6b7bb6532d383b43a",
  "slug": "lazard-inc",
  "name": "Lazard, Inc.",
  "updatedAt": "2026-10-02T14:00:45.439827Z",
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    {
      "type": "OVERVIEW",
      "text": "Lazard, Inc. is a global financial advisory and asset management firm founded in 1848. Its Financial Advisory business counsels corporate, institutional, government, sovereign and individual clients on matters including mergers and acquisitions, capital raising, restructuring and other strategic issues. Its Asset Management business provides investment strategies and solutions to institutional and individual clients. Lazard states its mission is to provide trusted, independent financial advice and investment solutions, drawing on its intellectual capital. [P28350064][P112373912][P72333350][P32324403]\n\nThe firm operates across the Americas, Europe, the Middle East, Asia and Australia. Lazard’s locations page reports more than 3,300 employees in 26 countries. [P28350064][https://www.lazard.com/about-lazard/locations/]\n\nFor fiscal 2025, Lazard reported total U.S. GAAP net revenue of $3.099 billion. In the six months ended June 30, 2026, net revenue was $807.1 million in Financial Advisory and $680.5 million in Asset Management; total assets under management were $284.65 billion at June 30, 2026. [T16308845][P143954813][T16472223]\n[P28350064][P112373912][P72333350][P32324403][https://www.lazard.com/about-lazard/locations/][T16308845][P143954813][T16472223][https://www.lazard.com/about-lazard/locations/]",
      "updatedAt": "2026-10-02T14:00:45.439827Z"
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    {
      "type": "PRODUCTS",
      "text": "Lazard’s Financial Advisory services include advice on mergers and acquisitions, strategic capital solutions, shareholder and sovereign matters, geopolitical issues, restructuring and liability management, capital raising and placement, and other strategic matters. Fees may be structured as retainers, working fees, announcement or milestone fees, fairness-opinion fees, or fees contingent on transaction completion. M&A advice has historically generated most Financial Advisory revenue. [P72333350][P143955275][P143955376]\n\nLazard Asset Management provides investment and wealth-management solutions for institutional and private-wealth clients across equity, fixed income, asset allocation, alternative investments and private-equity funds. Its investment teams use fundamental research and analysis, quantitative tools and customized portfolio solutions. Named strategies include TEKY Next Gen Technologies, which invests opportunistically in approximately 40–60 global securities focused on the AI value chain; IDEQ International Dynamic Equity, which applies a proprietary systematic stock-selection process; and SYZ US Systematic Small Cap, which combines fundamental and quantitative methods, including Automated Fundamental Analysts, to identify small-cap opportunities. Other named offerings include Japanese Equity, Equity Megatrends, Listed Infrastructure and Emerging Markets Opportunities. [P32324403][T16308817]\n\nFor the first half of 2026, Financial Advisory contributed $809.7 million, or 51.8% of consolidated net revenue, and Asset Management contributed $760.8 million, or 48.6%; Corporate was negative $6.3 million, or −0.4%. Average assets under management were $271.2 billion, comprising 74.7% equity, 13.0% fixed income, 8.8% multi-asset and 3.4% alternatives. [T16472206][T16472228] Lazard reports segment revenue and asset-class AUM, but does not separately quantify revenue shares for individual advisory practices or investment strategies in the reviewed disclosures. [P143955376]\n[P72333350][P143955275][P143955376][P32324403][T16308817][T16472206][T16472228]",
      "updatedAt": "2026-10-02T14:00:45.439827Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "Lazard operates across North and South America, Europe, the Middle East, Asia and Australia, with major local presences in the United States, the United Kingdom and France. Its 2026 reporting also describes its footprint across the U.S., U.K., Continental Europe and the Middle East. [P42676812][P142645234]\n\nLazard reports more than 3,300 employees in 26 countries. Its office directory lists locations in Australia, Austria, Belgium, Brazil, Canada, France, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, the Netherlands, Saudi Arabia, Singapore, South Korea, Spain, Sweden, Switzerland, the UAE, the U.K. and the U.S.; New York, London and Paris are identified as principal locations. [https://www.lazard.com/about-lazard/locations/] The reviewed 2025 Form 10-K and Q2 2026 reporting do not provide revenue by country or region, or an employee breakdown by geography. [P42676812][P28350064]\n[P42676812][P142645234][P28350064][https://www.lazard.com/about-lazard/locations/]",
      "updatedAt": "2026-10-02T14:00:45.439827Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Lazard, Inc. reports two primary business segments: **Financial Advisory** and **Asset Management**. In fiscal 2025, Financial Advisory generated approximately $1.834 billion of net revenue, about 59% of consolidated net revenue; Asset Management generated approximately $1.275 billion, about 41%. The segment table also reports a Corporate reconciliation loss of approximately $10 million, so the two segments’ shares do not add to exactly 100% of consolidated net revenue. [T12952501]\n\n**Financial Advisory** advises corporate, partnership, institutional, government, sovereign and individual clients on mergers and acquisitions, strategic capital solutions, shareholder matters, sovereign and geopolitical issues, restructuring and liability management, capital raising and placements, and other strategic matters. [P72333350] **Asset Management** provides investment and wealth-management services to institutional and private-wealth clients, offering global equity and fixed-income strategies, asset allocation, alternative investments and private-equity funds; its portfolios use fundamental research and quantitative tools. [P32324403] Asset Management’s revenue principally comes from investment-management and advisory fees, with results influenced by assets under management and product mix. [P101121487]\n[T12952501][P72333350][P32324403][P101121487]",
      "updatedAt": "2026-10-02T14:00:45.439827Z"
    },
    {
      "type": "HISTORY",
      "text": "Lazard was founded in New Orleans on July 12, 1848, by Alexandre, Lazare and Simon Lazard. The firm moved to San Francisco in 1851 and opened a Paris office in 1854; it established a temporary London office in 1870 and a permanent branch there in 1876. By the late 19th century, its business had developed into allied U.S., French and U.K. houses. [https://www.lazard.com/about-lazard/history/][https://www.lazard.com/about-lazard/175th-anniversary/celebrating-175-years-of-lazard/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-building-a-british-banking-empire/]\n\nDuring the 20th century, Lazard expanded its activities and advisory role. Its asset-management business took shape through successive developments: Lazard Investors Limited began in London in 1953, Paris asset management started in 1969, and Lazard Asset Management was formed in New York in 1970. In 1975, Lazard banker Felix Rohatyn helped negotiate a response to New York City’s fiscal crisis. [https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-asset-management-comes-into-its-own/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-saving-new-york-city/]\n\nAfter Pearson sold its Lazard holdings, the three houses formally reunited as Lazard LLC in 2000. Bruce Wasserstein was named head of Lazard in 2002, and the firm became a public company in 2005. [https://www.lazard.com/about-lazard/history/]\n[https://www.lazard.com/about-lazard/history/][https://www.lazard.com/about-lazard/175th-anniversary/celebrating-175-years-of-lazard/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-building-a-british-banking-empire/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-asset-management-comes-into-its-own/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-saving-new-york-city/][https://www.lazard.com/about-lazard/history/][https://www.lazard.com/about-lazard/175th-anniversary/celebrating-175-years-of-lazard/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-building-a-british-banking-empire/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-asset-management-comes-into-its-own/][https://www.lazard.com/about-lazard/175th-anniversary/lazard-175-saving-new-york-city/]",
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