Lazard, Inc. (NYSE: LAZ) reported preliminary assets under management of $284.0 billion as of September 30, 2026, down from $290.3 billion at the end of August 2026, according to a company statement.

The monthly decline reflected market depreciation of $3.2 billion, foreign exchange depreciation of $2.1 billion, and net outflows of $0.9 billion.

By asset class, equity AUM fell to $215.3 billion from $218.4 billion, while fixed income dropped to $33.8 billion from $35.6 billion. Multi-asset AUM declined to $24.1 billion from $25.3 billion, and alternatives edged down to $10.9 billion from $11.0 billion.

Preliminary average AUM for the quarter ended September 30, 2026 was $286.6 billion. The figures are preliminary and subject to adjustment.