Editing Lazard (section)

===The Three Houses of Lazard===
In the late 1800s and early 1900s, the firm evolved into three "Houses of Lazard" in the United States, France, and the United Kingdom, separately managed but allied. The Lazard partners advised clients on financial matters and built a cross-border network of high-level relationships in business and government. Noted financial advisor [[George Blumenthal (banker)|George Blumenthal]] rose to prominence as the head of the U.S. branch of Lazard Frères and was a partner of Lazard Frères in France.<ref name=Rougemont/>

In the economic boom following [[World War II]], the American operations of Lazard expanded significantly under the leadership of the French financier [[André Meyer]]. Meyer and Lazard partner [[Felix Rohatyn]] have been credited with virtually inventing the modern [[mergers and acquisitions]] (M&A) market.<ref name="lazard.com">{{Cite web |title=Institutional Investor International Edition, November 2011 "The New House of Lazard" |url=http://www.lazard.com/media/16088/iimag_nov_2011_lazard.pdf |url-status=dead |archive-url=https://web.archive.org/web/20130509005542/http://www.lazard.com/media/16088/iimag_nov_2011_lazard.pdf |archive-date=May 9, 2013 |access-date=July 29, 2013}}</ref>

In 1953, Lazard Investors Ltd began an asset management business in London, which is the origin of today's Lazard Asset Management.<ref name="Lazard website - About Lazard">{{Cite web |title=Lazard website – About Lazard |url=http://www.lazard.com/about-lazard/history |access-date=July 26, 2013}}</ref>