Lazard Asset Management LLC

RIASEC RegisteredEst. 2002

Total AUM

$121B

Discretionary

$116B

97% of AUM

Avg account

$23.6M

Accounts

5,110

Employees

532

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 122836
Registered since: December 31, 2002
Website: www.lazard.com
Custodians: STATE STREET BANK AND TRUST COMPANY, THE BANK OF NEW YORK MELLON, BROWN BROTHERS HARRIMAN INVESTMENTS, LLC, J.P. MORGAN SECURITIES INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Banking / Thrift Institutions20.89%
Investment Companies19.52%
State / Municipal Government17.84%
Other Investment Advisers12.14%
Pooled Investment Vehicles10.84%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Lazard Asset Management LLC is organized as a limited liability company and has been registered with the SEC since 2002. The firm operates as both a hedge fund and an alternative fund provider while offering a range of advisory services across client types, including individuals, families and institutional investors. Its advisory scope covers portfolio management for individuals and small businesses, pooled vehicles and institutional clients, plus selection of other advisers. The firm also identifies as a commodity pool operator/commodity trading adviser (CPO/CTA). Fee arrangements include asset-based fees, fixed fees and performance-linked fees. Lazard Asset Management LLC reports active ESG engagement as part of its investment approach. Its business relationships extend into broker‑dealer and banking affiliations and it participates as a sponsor, general partner or managing member of pooled investment vehicles.