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Lazard Reports November 2025 Assets Under Management

NEW YORK, December 10, 2025--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of November 30, 2025 totaled approximately $250.8 billion. The month’s AUM included net outflows of $18.0 billion, market appreciation of $1.1 billion, and FX depreciation of $0.1 billion. November outflows included $16.8 billion from the closure of one U.S. sub-advised relationship, which was expected in 2026 or later and reflects changing dynamics within the client’s mul

Lazard, Inc.December 10, 2025
Lazard Reports November 2025 Assets Under Management

About this update from Lazard, Inc.

NEW YORK, December 10, 2025--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of November 30, 2025 totaled approximately $250.8 billion. The month’s AUM included net outflows of $18.0 billion, market appreciation of $1.1 billion, and FX depreciation of $0.1 billion. November outflows included $16.8 billion from the closure of one U.S. sub-advised relationship, which was expected in 2026 or later and reflects changing dynamics within the client’s mul

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