Lazard(US:LAZ)2025-10-23 12:00Lazard's Business Overview - Lazard's Asset Management (AM) had $265 billion in Assets Under Management (AUM) as of 3Q25[16] - Lazard's Financial Advisory (FA) had over 200 Managing Directors (MDs) [16] - 62% of Lazard's AUM is in non-USD securities as of 3Q25[17] Financial Performance - Lazard's goal is for revenue to double by 2030[29] - Lazard's Financial Advisory revenue is above goal one year early[29] - Lazard's Asset Management AUM had positive net flows September-to-date[29] - Lazard's Financial Advisory is achieving its MD growth target of 10 to 15 net additions annually[30] Asset Management - Lazard's Asset Management LTM 3Q25 net revenue was $1.1 billion[49] - Lazard's Asset Management average management fee was 44 bps in 3Q25[49] Financial Advisory - Lazard's Financial Advisory LTM 3Q25 net revenue was $1.8 billion[72]