Lazard Inc. (NYSE: LAZ) reported preliminary assets under management of $259.2 billion as of March 31, 2026, according to a company statement.

The firm experienced market depreciation of $16.1 billion and foreign exchange depreciation of $4.3 billion during March, while recording net inflows of $1.8 billion. The total represents a decrease from $277.7 billion reported at the end of February 2026.

The company's preliminary average assets under management for the quarter ended March 31, 2026 was $265.5 billion.

By asset class, equity investments comprised $193.0 billion of total assets under management, down from $207.1 billion in February. Fixed income assets totaled $34.4 billion compared to $36.5 billion the previous month. Multi-asset portfolios represented $23.1 billion, declining from $25.5 billion, while alternatives accounted for $8.6 billion versus $8.7 billion in February.

The figures are preliminary and subject to adjustment, the company noted.