Lazard's Financial Advisory segment had a strong performance in Q4 2024, with two of its business units generating substantial revenues:
- Financial Advisory:
- The Financial Advisory segment contributed $1.76 billion in revenue1.
- Another Financial Advisory unit generated $1.24 billion in revenue1.
- A third unit within this segment produced $367.36 million in revenue1.
- Asset Management:
- The Asset Management segment contributed $1.19 billion in revenue1.
- Another Asset Management unit generated $874.84 million in revenue1.
- A third unit within this segment produced $288.1 million in revenue1.
In summary, Lazard's Financial Advisory segment performed well in Q4 2024, with significant revenue contributions from multiple business units. The Asset Management segment also showed strong performance, particularly in the Asset Management and Corporate business units.