Lazard Asset Management LLC

RIASEC Registered

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 adviser (registered in 2002) organized as an LLC and operating as a hedge fund and other fund provider. The firm serves both individual/family clients and institutional investors and offers portfolio management across a wide set of account types, including separately managed accounts, pooled investment vehicles and investment companies. It also performs selection-of-other-advisers and acts in sponsor/GP roles for pooled vehicles, and is identified among its activities as a CPO/CTA. Fee arrangements include percentage-of-AUM charges, fixed fees and performance-based fees. The firm reports being an active ESG investor, and its business activities and affiliations span broker‑dealer relationships, banking/thrift institutions and other investment-adviser roles.