Lazard, Inc. Common Stock (LAZ)
Competitors to Lazard, Inc. Common Stock (LAZ)
Credit Suisse Group AG
Credit Suisse is a full-service investment bank that competes with Lazard primarily through its investment banking division. While Lazard is focused on advisory services, Credit Suisse offers a hybrid model that includes research, trading, and various investment services. This breadth provides Credit Suisse with a competitive advantage when clients are looking for integrated financial solutions. However, Lazard's strong focus on advisory and deep industry expertise allows it to maintain a competitive position among clients seeking specialized financial guidance.
Evercore Inc. EVR -7.69%
Evercore Inc. competes with Lazard, Inc. primarily in the realm of investment banking and advisory services. Both firms focus on providing independent financial advisory services to large corporations, governments, and institutions. While Lazard has a long-standing reputation and a global presence, Evercore emphasizes its strong relationships with clients and a collaborative approach to deal-making. This strategy, along with its selective focus on high-quality advisory services without the distraction of other financial services, can give Evercore a competitive edge in certain high-end advisory scenarios.
Goldman Sachs Group, Inc. GS -7.91%
Goldman Sachs is a leading global financial services firm known for its comprehensive range of service offerings, including investment banking, securities, and asset management. While Lazard primarily focuses on advisory services and has built a strong reputation for its independent advice, Goldman Sachs competes through its extensive resources, larger scale, and ability to offer a much wider array of financial services, including capital markets. Goldman’s brand recognition and established client relationships can position it favorably in competitive scenarios, particularly for large-scale transactions.
Moelis & Company MC -4.50%
Moelis & Company is another key competitor to Lazard in the investment banking sector, particular in mergers and acquisitions advisory. Both firms focus on providing strategic advice without being burdened by conflicts of interest that may arise from being affiliated with larger financial institutions that have a wide range of services. Moelis prides itself on transparency and a client-first approach, often providing innovative solutions to complex financial challenges. Its agile structure and ability to react quickly to changing market conditions enable it to compete effectively against Lazard.
Rothschild & Co.
Rothschild & Co., like Lazard, specializes in financial advisory and asset management services, primarily serving corporations, governments, and institutional investors. While both firms have a strong historical presence in Europe and globally, Rothschild's advantage lies in its deep historical roots and extensive network of influential relationships, which can be particularly advantageous in Europe. Additionally, Rothschild’s service emphasis on discretion and customized advice can attract clients looking for personalized financial solutions over standard offerings.