LAZ
vs
S&P 500
LAZ
S&P 500
Over the past 12 months, LAZ has underperformed S&P 500, delivering a return of -5% compared to the S&P 500's +14% growth.
Stocks Performance
LAZ vs S&P 500
Performance Gap
LAZ vs S&P 500
Performance By Year
LAZ vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Lazard Ltd
Glance View
Lazard Ltd, with its roots deeply embedded in the fabric of financial history, traces its origins back to the mid-19th century, where it began as a humble dry goods store in New Orleans. Over the decades, the company evolved, transcending its initial marketplace to become a cornerstone in the world of financial advisory and asset management. Lazard operates by focusing on two main segments that drive its revenue: Financial Advisory and Asset Management. In Financial Advisory, the firm plays a crucial role in guiding businesses through the complexities of mergers and acquisitions, restructuring, and other strategic matters. This segment flourishes by utilizing its extensive global network and deep industry experience to help institutions and governments make informed decisions in times of transition or distress. The fees earned from these advisory services form a significant stream of revenue for the company. On the other hand, Lazard's Asset Management division offers a plethora of services designed to grow and preserve wealth for its clients. It manages investment portfolios across a diverse array of asset classes, including equities, fixed income, and alternative investments, showcasing its proficiency in navigating financial markets. By managing these assets, Lazard charges management and performance fees, enabling another robust income channel. This dual engine of advisory and management cements Lazard's status as a financial powerhouse, allowing it to withstand economic shifts and persistently provide value to its clientele. This enduring adaptability and expertise are the hallmarks of Lazard's success, constructing its reputation as a trusted advisor and diligent steward over the years.
