Lazard LAZ Asset Management — Adjusted Non-compensation Expense
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Where this comes from
Reported directly by Lazard in its filing.
Tagged under the XBRL concept laz:AdjustedNonCompensationExpense.
The official record: Lazard’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lazard's asset management — adjusted non-compensation expense?
- Lazard (LAZ) reported asset management — adjusted non-compensation expense of $63.8M in Q1 2026.
- How has Lazard's asset management — adjusted non-compensation expense changed year-over-year?
- Lazard's asset management — adjusted non-compensation expense increased by 7.8% year-over-year, from $59.21M to $63.8M.
- What is the long-term trend for Lazard's asset management — adjusted non-compensation expense?
- Over 3 years (2022 to 2025), Lazard's asset management — adjusted non-compensation expense has grown at a 7.6% compound annual growth rate (CAGR), from $205.06M to $255.67M.
- What does asset management — adjusted non-compensation expense mean?
- Operating expenses for the asset management segment excluding compensation, such as technology, occupancy, and administrative costs. Monitoring this helps evaluate the operational leverage and cost discipline of the segment.