Lazard LTD. (LAZ) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:04.660 remind you that we may make forward-looking statements about our business and performance. 00:00:04.660 -- 00:00:08.900 There are important factors that could cause our actual results, level of activity, performance, 00:00:08.900 -- 00:00:12.640 achievements, or other events to differ materially from those expressed or implied by 00:00:12.640 -- 00:00:16.900 the forward-looking statements, including, but not limited to, those factors discussed 00:00:16.900 -- 00:00:21.060 in the company's SEC filings, which you can access on our website. 00:00:21.060 -- 00:00:24.840 Lizard assumes no responsibility for the accuracy or completeness of these forward-looking 00:00:24.840 -- 00:00:27.900 statements and assumes no duty to update them. 00:00:27.900 -- 00:00:31.980 Today's discussion also includes certain non-GAAP financial measures that we believe 00:00:31.980 -- 00:00:34.800 are meaningful when evaluating the company's performance. 00:00:34.800 -- 00:00:38.680 A reconciliation of these non-GAAP financial measures to the comparable GAAP measures 00:00:38.680 -- 00:00:42.860 is provided in our earnings release and investor presentation. 00:00:42.860 -- 00:00:48.320 Hosting our call today are Peter Orszag, Lizard's Chief Executive Officer and Chairman, 00:00:48.320 -- 00:00:51.500 and Mary Ann Bech, Lizard's Chief Financial Officer. 00:00:51.500 -- 00:00:56.140 After our prepared remarks, Peter and Mary Ann will be joined by Evan Russo, Chief Executive 00:00:56.140 -- 00:01:00.840 Officer of Asset Management, as they open the call for questions. 00:01:00.840 -- 00:01:01.240 Now 00:01:01.000 -- 00:01:05.060 I'll turn the call over to Peter. Thank you, Allie, and good morning to everyone joining 00:01:05.060 -- 00:01:10.460 today's call. We ...