Lazard reports assets under management of $253.7 billion in July

NEW YORK - Lazard, Inc. (NYSE:LAZ), a financial services firm with a market capitalization of $4.86 billion and strong revenue growth of 10.05% over the last twelve months, announced Tuesday that its preliminary assets under management (AUM) reached approximately $253.7 billion as of July 31, 2025, representing an increase from $248.4 billion at the end of June.

The month’s AUM change reflected net inflows of $4.5 billion and market appreciation of $3.9 billion, partially offset by foreign exchange depreciation of $3.2 billion, according to the company’s press release statement.

The asset management firm’s equity strategies accounted for the largest portion of AUM at $198.8 billion, up from $192.3 billion in the previous month. Fixed income strategies totaled $46.0 billion, down slightly from $47.1 billion in June. Other investment strategies represented $8.9 billion, compared to $9.1 billion at the end of June.

Lazard’s preliminary figures are subject to adjustment, the company noted.

Founded in 1848, Lazard provides financial advisory and asset management services across North and South America, Europe, the Middle East, Asia, and Australia. The firm offers advice on mergers and acquisitions, capital markets, restructuring, and other strategic matters, as well as investment solutions to various clients including institutions, corporations, governments, and high net worth individuals. For deeper insights into Lazard’s financial health and growth prospects, access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 top US stocks with expert analysis and actionable intelligence.

In other recent news, Lazard, Inc. reported impressive second-quarter 2025 results, with adjusted earnings per share reaching $0.52, surpassing the analyst expectations of $0.39. The company’s revenue also exceeded forecasts, coming in at $796 million compared to the consensus estimate of $702.7 million. This performance was largely driven by a 20% surge in Financial Advisory revenue. Additionally, Lazard’s subsidiary, Lazard Group LLC, has initiated a cash tender offer for all outstanding 3.625% Senior Notes due March 1, 2027. This offer is set to expire on August 1, 2025, unless extended or terminated. In further developments, Keefe, Bruyette & Woods raised their price target for Lazard to $60 from $57, maintaining a Market Perform rating. The firm cited improved earnings per share estimates for 2025 and 2026, expecting higher revenue and a lower compensation ratio in 2026. These updates reflect significant recent developments for Lazard, Inc.

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