Lazard Asset Management Reviews | Glassdoor

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Lazard Asset Management Reviews

Updated November 26, 2017
29 reviews

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3.7
StarStarStarStarStar
Rating TrendsRating Trends
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Ashish Bhutani
10 Ratings

29 Employee Reviews

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  1. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales and Marketing in New York, NY
    Current Employee - Sales and Marketing in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lazard Asset Management full-time

    Pros

    access to upper management, job security, entrepreneurial culture, good pay, help with continuing education (CFA, MBA, Designations), The CEO is a true leader!

    Cons

    no upward mobility, very top heavy, no training

    Advice to Management

    you will continue to lose good/qualified employees if you don't fix the mobility/internal growth problem.


  2. "Executive Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Lazard Asset Management full-time (More than 10 years)

    Pros

    My boss and team were incredible

    Cons

    Some senior leadership lacked inspiration

  3. "Research analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lazard Asset Management full-time

    Pros

    Good compensation given to the first year

    Cons

    long hours, bad work/life balance


  4. "Ok"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at Lazard Asset Management full-time

    Pros

    Great working hours, free coffee

    Cons

    No room for growth, no concern for value-add

    Advice to Management

    Pay attention more to your employees


  5. "Good Firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    flat hierarchy and very nice people

    Cons

    could be better at weeding out unproductive staff


  6. "Good firm but hard takes a long time to move up"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    People , for the most part, are great

    Cons

    Technology is outdated and could use upgrade


  7. "Executive Support"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Executive Suite Floor Manager
    Former Employee - Executive Suite Floor Manager

    I worked at Lazard Asset Management (Less than a year)

    Pros

    Aesthetically to die for design!
    The executive suite floors are super posh.

    Cons

    Don't apply here if you can't handle high pressured environments.

  8. Helpful (1)

    "LAMVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook

    I have been working at Lazard Asset Management full-time (More than 10 years)

    Pros

    The company culture is very good. Coworkers are all generally easy going. Good office location for commuting from the suburbs.

    Cons

    They seem to be on the lower end of the compensation spectrum.


  9. Helpful (6)

    "Lazard resting on laurels"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Lazard Asset Management full-time

    Pros

    - Lazard is a well recognized firm that carries brand recognition
    - Great midtown location
    - If you are mediocre, you can have a long tenure (low turnover)

    Cons

    - Lazard AM is merely a collection of smaller firms wrapping themselves in the Lazard brand name.
    - Ability and talent varies greatly between groups and sharing between them is non-existent
    - The firm sponsors a gratuitous, "yes-man" culture in which the cognoscenti are "in" and the "unchosen" are very much out
    - Lots of behind closed door gossip and power struggles
    - Rumors that firm management have no idea of what they are doing abound
    - "Optics" (aka appearances) are everything and substance is very much undervalued (white-shoe reputation is very much valued)
    - Group-think rules the day, no one willing to break from consensus for fear of being shunned by colleagues

    Advice to Management

    - Reward those willing to offer unfiltered opinions, advice, and feedback
    - Don't just promote collaboration, require it
    - Ashish Bhutani should make himself more visible, rarely seen in day-to-day operations (notoriously unfriendly in interactions with everyday employees)


  10. Helpful (3)

    "Former employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Lazard Asset Management full-time (More than a year)

    Pros

    Prestige is high from outside, with their old world success carried theough until now. Great office location

    Cons

    Its really not a place for the enthousiastic. Horribly managed, no career progression, stone age technology

    Advice to Management

    Get with the times


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