Core Viewpoint - Lazard, Inc. will announce its fourth quarter and full year 2025 financial results on January 29, 2026, with a press release available on its website [1] Group 1: Financial Results Announcement - The financial results will be disclosed in a press release on January 29, 2026 [1] - A conference call to discuss the financial results will be held at 8:00 a.m. ET on the same day [2] - A replay of the conference call will be accessible by 10:00 a.m. ET on January 29, 2026 [3] Group 2: Company Overview - Lazard is a leading financial advisory and asset management firm, established in 1848 [4] - The company operates globally, providing services in mergers and acquisitions, capital markets, restructuring, and asset management [4] - Lazard is publicly traded on the New York Stock Exchange under the ticker LAZ [4]

Core Insights - Lazard, Inc. reported preliminary assets under management (AUM) of approximately $254.3 billion as of December 31, 2025, reflecting a market appreciation of $2.2 billion, foreign exchange appreciation of $1.5 billion, and net outflows of $0.3 billion [1][2] AUM Breakdown - As of December 31, 2025, the AUM consisted of: - Equity: $199,256 million, up from $196,171 million in November 2025 - Fixed Income: $45,642 million, an increase from $45,351 million in November 2025 - Other: $9,402 million, rising from $9,307 million in November 2025 - Total AUM: $254,300 million, compared to $250,829 million in November 2025 [2] Company Overview - Lazard, founded in 1848, is a leading financial advisory and asset management firm with a global presence across North and South America, Europe, the Middle East, Asia, and Australia. The firm provides advisory services on mergers and acquisitions, capital markets, restructuring, and asset management solutions to a diverse clientele including institutions, corporations, and high net worth individuals [2]

Core Insights - Lazard, Inc. reported preliminary assets under management (AUM) of approximately $250.8 billion as of November 30, 2025, reflecting net outflows of $18.0 billion, market appreciation of $1.1 billion, and FX depreciation of $0.1 billion [1][2] - The significant outflows in November included $16.8 billion from the closure of a U.S. sub-advised relationship, which was anticipated to occur in 2026 or later, indicating changing dynamics within the client's multi-manager portfolio [1] - Excluding the large U.S. sub-advised account, net inflows year to date were $8.7 billion [1] AUM Breakdown - As of November 30, 2025, the AUM consisted of: - Equity: $196,171 million (down from $212,643 million in October 2025) - Fixed Income: $45,351 million (down from $46,145 million in October 2025) - Other: $9,307 million (up from $8,992 million in October 2025) - Total AUM: $250,829 million (down from $267,780 million in October 2025) [2]