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 an SEC-registered investment manager organized as an LLC and operating since 2002. The firm serves both individual/family and institutional clients, offering portfolio management across individual accounts, pooled investment vehicles, investment companies and institutions, and it also performs adviser selection. Its business mix includes operating hedge and other fund strategies and it carries CPO/CTA responsibilities; the firm also sponsors or acts as GP for pooled vehicles. Fee arrangements include asset-based fees, fixed fees and performance-linked fees. Lazard Asset Management identifies as an active ESG investor and incorporates environmental, social and governance considerations into its investment process.