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The average salary at Lazard is $104,731 per year, reflecting a strong compensation package for employees. Salaries can vary significantly based on factors such as location, department, and job role. For example, finance positions often command higher salaries due to their specialized nature. Key roles in investment banking and asset management are among the highest paying, offering significant financial rewards.
Some of the top roles at Lazard include investment banking analysts and associates, with salaries that can exceed the average significantly. Understanding the salary landscape by department can provide clarity for prospective employees.
Compensation also differs by geographic location, with major financial hubs typically offering higher salaries. For instance, employees in New York City may see higher pay compared to those in smaller markets.
The highest paying jobs at Lazard are vice president and portfolio manager, director, vice president of information technology, and sales trader. Vice president and portfolio manager jobs at Lazard earn an average yearly salary of $181,005, Lazard director jobs average $172,830, and Lazard vice president of information technology jobs average $155,626.
The lowest paying Lazard roles include internship and administrative assistant. Lazard internship average salary is $39,906 per year. So while the average Lazard salary is $104,731 there is a big variation in pay depending on the role.
| Rank | Job title | Average Lazard salary | Hourly rate |
|---|---|---|---|
| 1 | Vice President And Portfolio Manager | $181,005 | $87.02 |
| 2 | Director | $172,830 | $83.09 |
| 3 | Vice President Of Information Technology | $155,626 | $74.82 |
| 4 | Sales Trader | $139,169 | $66.91 |
| 5 | Web Manager | $134,329 | $64.58 |
| 6 | Equity Trader | $133,410 | $64.14 |
| 7 | Senior Software Engineer | $122,669 | $58.98 |
| 8 | Senior Consultant | $116,362 | $55.94 |
| 9 | Investment Banking Associate | $114,932 | $55.26 |
| 10 | Research Analyst | $114,924 | $55.25 |
| 11 | Information Technology Programmer | $114,903 | $55.24 |
| 12 | Data Modeler | $112,497 | $54.09 |
| 13 | Security Administrator | $112,079 | $53.88 |
| 14 | Sharepoint Developer | $103,323 | $49.67 |
| 15 | Web Developer | $99,200 | $47.69 |
| 16 | Portfolio Accountant | $88,641 | $42.62 |
| 17 | Reporting Specialist | $87,990 | $42.30 |
| 18 | Investment Banking Analyst | $85,744 | $41.22 |
| 19 | Technical Support Specialist | $81,528 | $39.20 |
| 20 | Fund Accountant | $77,329 | $37.18 |
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Lazard pays the highest salaries in New York due to higher costs of living and competition in the state.
| Rank | State | Average Lazard salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $115,311 | $55.44 |
| 2 | California | $110,049 | $52.91 |
| 3 | Massachusetts | $108,935 | $52.37 |
| 4 | Illinois | $98,114 | $47.17 |
| 5 | Minnesota | $95,719 | $46.02 |
| 6 | Texas | $94,480 | $45.42 |
| 7 | North Carolina | $93,323 | $44.87 |
| Rank | Location | Average Lazard salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $115,493 | $55.53 |
| 2 | San Francisco, CA | $114,080 | $54.85 |
| 3 | Boston, MA | $109,115 | $52.46 |
| 4 | Chicago, IL | $98,526 | $47.37 |
| 5 | Minneapolis, MN | $95,874 | $46.09 |
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Salaries at Lazard vary depending on the department you work in. Lazard salaries in the business development department are the highest with an average salary of $129,194. Employees in the it department at Lazard receive relatively high salaries as well, with an average salary of $120,303 per year. Departments that don't pay as well at Lazard include the administrative and the customer service organizational functions, with employees earning average salaries of $69,040 and $77,990, respectively.
| Rank | Department | Average Lazard salary | Hourly rate |
|---|---|---|---|
| 1 | Business Development | $129,194 | $62.11 |
| 2 | IT | $120,303 | $57.84 |
| 3 | Sales | $118,462 | $56.95 |
| 4 | Research & Development | $111,286 | $53.50 |
| 5 | Finance | $107,251 | $51.56 |
| 6 | Engineering | $105,459 | $50.70 |
| 7 | Plant/Manufacturing | $93,737 | $45.07 |
| 8 | Marketing | $90,543 | $43.53 |
| 9 | Art/Design | $88,095 | $42.35 |
| 10 | Accounting | $83,942 | $40.36 |
| 11 | Customer Service | $77,991 | $37.50 |
| 12 | Administrative | $69,041 | $33.19 |
| Rank | Position | Average Lazard salary | Hourly rate |
|---|---|---|---|
| 1 | Vice President And Portfolio Manager | $181,005 | $87.02 |
| 2 | Finance Vice President | $145,337 | $69.87 |
| 3 | Fixed Income Manager | $139,823 | $67.22 |
| 4 | Sales Trader | $139,169 | $66.91 |
| 5 | Equity Trader | $133,410 | $64.14 |
| 6 | Trading Assistant | $118,678 | $57.06 |
| 7 | Senior Consultant | $116,362 | $55.94 |
| 8 | Investment Banking Associate | $114,932 | $55.26 |
| 9 | Equity Research Internship | $113,317 | $54.48 |
| 10 | Finance Analyst | $107,313 | $51.59 |
| 11 | Portfolio Administrator | $104,263 | $50.13 |
| 12 | Reporting Specialist | $87,990 | $42.30 |
| 13 | Investment Banking Analyst | $85,744 | $41.22 |
| Rank | Position | Average Lazard salary | Hourly rate |
|---|---|---|---|
| 1 | Business Analyst | $94,228 | $45.30 |
| 2 | Business & Data Analyst | $93,646 | $45.02 |
| 3 | Desktop Publishing Specialist | $84,624 | $40.68 |
| 4 | Marketing Assistant | $76,251 | $36.66 |
| 5 | Marketing Associate | $73,608 | $35.39 |
| 6 | Event Coordinator | $61,227 | $29.44 |
| Rank | Position | Average Lazard salary | Hourly rate |
|---|---|---|---|
| 1 | Administrative Manager | $111,968 | $53.83 |
| 2 | Executive Assistant | $73,726 | $35.45 |
| 3 | Office Manager | $66,590 | $32.01 |
| 4 | Legal Secretary | $64,433 | $30.98 |
| 5 | Administrator Secretary | $64,430 | $30.98 |
| 6 | Bookkeeper | $63,070 | $30.32 |
| 7 | Executive Receptionist | $49,368 | $23.73 |
| 8 | Administrative Assistant | $40,121 | $19.29 |
| 9 | Front Desk Receptionist | $33,378 | $16.05 |
| 10 | Student Worker | $26,745 | $12.86 |
Average salaries at Lazard competitors, like Pacific Investment Management Company LLC, AQR Capital Management, and Neuberger Berman, vary. Pacific Investment Management Company LLC employees earn the highest salaries, with an average yearly salary of $132,360. The average salary at AQR Capital Management is $121,656 per year, and the average salary at Neuberger Berman is $118,561 per year.
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Pacific Investment Management Company LLC | 4.9 | $132,360 |
| 2 | AQR Capital Management | 4.7 | $121,656 |
| 3 | Neuberger Berman | 4.9 | $118,561 |
| 4 | Acadian Asset Management | 4.3 | $114,478 |
| 5 | Credit Suisse | 4.7 | $109,075 |
| 6 | Goldman Sachs | 4.8 | $108,830 |
| 7 | Jefferies | 4.8 | $106,326 |
| 8 | Morgan Stanley | 4.6 | $103,933 |
| 9 | BMO Capital Markets | 4.7 | $103,444 |
| 10 | Northern Trust | 4.6 | $97,713 |
| 11 | William Blair | 4.9 | $95,867 |
| 12 | Houlihan Lokey | 4.9 | $94,062 |
| 13 | BNY Mellon | 4.4 | $86,819 |
| 14 | Janus Henderson U.S. | 4.8 | $85,842 |
| 15 | Legg Mason | 4.8 | $84,387 |
| 16 | Citi | 4.6 | $75,483 |
| 17 | Mirae Asset Securities | 4.2 | $75,219 |
| 18 | Piper Jaffray | 4.8 | $73,442 |
| 19 | Raymond James Financial | 4.7 | $71,921 |
| 20 | Baird | 4.7 | $69,071 |
| Job | Location | Date added | Salary |
|---|---|---|---|
| 2025 Financial Advisory Analyst-Capital Markets Advisory-Shareholder Advisory and Acti | New York, NY | 04/24/2025 | $120,000 |
| VP, Business Development-Lazard Wealth | Fine, NY | 04/23/2025 | $160,000 |
| Family Office Services Analyst-Lazard Wealth | Fine, NY | 04/18/2025 | $60,000 |
| 2025 Internal Audit Intern | New York, NY | 04/15/2025 | $85,567 |
| 2025 Financial Advisory Analyst-Capital Markets Advisory-Shareholder Advisory and Acti | New York, NY | 03/28/2025 | $120,000 |
The company was great to us, the colleagues I worked with were friends and I loved going to work.
There was no more advancement for me. I worked for the partners of the company and for an administrative assistant, that is the highest you could go there.
They were really flexible because I would always come in early, leave late, etc. I didn't have to worry about anyone watching the clock. They already knew that I didn't look at the clock, I looked at the work that needed to be done.
Zippia gives an in-depth look into the details of Lazard, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lazard. The employee data is based on information from people who have self-reported their past or current employments at Lazard. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lazard. The data presented on this page does not represent the view of Lazard and its employees or that of Zippia.
Lazard may also be known as or be related to LAZARD GROUP LLC, Lazard, Lazard Group LLC and Lazard Ltd.