Lazard(NYSE) LAZ

Lazard, Inc. helps leaders make big financial decisions. It advises clients on buying or selling companies. The firm also manages investments for people and institutions.

Solving Complex Financial Puzzles

• Financial Advisory: Global services for mergers, acquisitions, and debt restructuring; provides strategic capital and geopolitical advice for large institutions and governments.
• Asset Management: Broad range of investment solutions and wealth management services; manages equity and fixed income strategies for institutional and private clients globally.

Recent Deals and Strategy

• Agreed to acquire Campbell Lutyens, a global private markets advisor, on April 30, 2026.
• Purchased a controlling interest in Elaia Partners to strengthen venture capital asset management offerings.
• Completed the sale of a controlling stake in the Edgewater management vehicles on Feb. 13, 2026.

What Sets Lazard Apart

Lazard uses a strategy called contextual alpha to combine geopolitical and economic insights into its client advice. The firm operates a broad network across the Americas, Europe, Asia, and the Middle East.

Key Numbers From 2026

• Net revenue reached $1.56 billion in the first half of 2026, up 8% year over year.
• Net income attributable to Lazard was $105.7 million for the six-month period ended June 30, 2026.
• Adjusted net revenue was $1.46 billion in the first half of 2026, up 3% year over year.
• Average assets under management rose 16% year over year to $271.2 billion in the first half of 2026.

Bottom Line

Lazard has evolved from a historical advisory house into a balanced global financial firm. Its mix of advisory and management services helps it handle different economic cycles.